George Baring, 3rd Earl of Cromer
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Lieutenant-Colonel George Rowland Stanley Baring, 3rd Earl of Cromer, KG, GCMG, MBE, PC (28 July 1918–March 1991), styled Viscount Errington before 1953, was Governor of the Bank of England and British Ambassador to the United States.
The eldest son of the 2nd Earl of Cromer, he was educated at Eton and Trinity College, Cambridge. He served with the Grenadier Guards during the Second World War, where he gained the rank of Lieutenant-Colonel. He was managing director of Barings Bank between 1949 and 1959 before serving as Economic Minister at the British Embassy in Washington as well as holding executive directorships at the International Monetary Fund, the International Bank for Reconstruction and Development, and the International Finance Corporation.
In 1961, he was appointed Governor of the Bank of England, a position he held until 1966. During his governorship, he clashed with the incoming Labour Prime Minister, Harold Wilson, over Cromer's desire to see government spending contained, which may have contributed to his decision not to seek a second term. He was subsequently appointed to the Privy Council.
From 1971 to 1974 he served as British Ambassador to the United States.
In 1977, he was made a Knight of the Garter.
Court offices | ||
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Preceded by Jock Colville |
Page of Honour 1931–1935 |
Succeeded by George Seymour |
Peerage of the United Kingdom | ||
Preceded by Rowland Baring |
Earl of Cromer 1953–1991 |
Succeeded by Evelyn Baring |
Categories: British bankers | British diplomats | Ambassadors to the United States | Members of the Privy Council of the United Kingdom | British Army officers | British military personnel of World War II | Old Etonians | Alumni of Trinity College, Cambridge | Earls in the Peerage of the United Kingdom | Knights of the Garter | Knights Grand Cross of the Order of St Michael and St George | Members of the Order of the British Empire | Pages of Honour | Godchildren of members of the British Royal Family | 1918 births | 1991 deaths