Lord Rothschild has announced his retirement as chairman of RIT Capital Partners plc, a London-listed investment company with assets under management of around £3 billion.

He will step down as both chairman and a director of the company on 30 September 2019.

Lord Rothschild, who celebrates his 83rd birthday on 26 April will, however, retain an interest in the company, not least through his family shareholding which accounts for 21 percent of the issued share capital as well as becoming RIT’s president.  

Sir James Leigh-Pemberton, a former chief executive of Credit Suisse’s UK-based operations, will ...