Thomas Catto, 1st Baron Catto
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Thomas Sivewright Catto, 1st Baron Catto PC (March 15, 1879-August 23, 1959), was a Scottish businessman and later, Governor of the Bank of England.
Thomas Catto was born in Peterhead, Aberdeenshire, to William and Isabella Catto. He joined MacAndrews & Forbes, an American firm with interests in the far east, and later became vice chairman of Andrew Yule and Company Ltd., under chairman, Sir David Yule. This is now a private company 93.26% owned by the Government of India.
Lord Catto and Sir David Yule also formed Yule Catto and Company Ltd, which is now known as Yule Catto & Co plc and is listed on the London Stock Exchange.
Lord Catto was Governor of the Bank of England from 1944 to 1949, and oversaw the nationalization of the bank.
He was made Baron Catto of Cairncatto in 1936. He was made a Privy Counsellor in 1947.
He died in Holmbury St Mary, Surrey.
| Peerage of the United Kingdom | ||
|---|---|---|
| Preceded by New Creation |
Baron Catto | Succeeded by Stephen Gordon Catto |
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