Lord Grimstone of Boscobel Kt was Minister for Investment jointly at the Department for International Trade and the Department for Business, Energy & Industrial Strategy between 18 March 2020 and 7 July 2022.

Before joining government, his career spanned the private and public sectors, including chairman of Barclays Bank plc and Standard Life Aberdeen; lead non-executive on the board of the Ministry of Defence; chairman of financial services body, TheCityUK; and member of HM Treasury’s Financial Services Trade and Investment Board.

Lord Grimstone was knighted in 2014 for public service to defence and business.