Expert resume of Jonathan Asquith
Jonathan Asquith went into finance at Morgan Grenfell & Co Limited in London in 1979 after graduating from Cambridge in Law with Modern Languages and passing Bar Finals to qualify as a barrister in London.
After four years working in the Latin American and Project Finance Departments he became a founder member of the bank’s derivatives desk at the end of 1983. He led Morgan Grenfell into market making in sterling interest rate swaps in 1985, writing all of the trading and risk management software as well as
the accounting principles for profit recognition; the business expanded subsequently into other currencies and derivative formats. In the late 1980s he was instrumental in setting up the London bank steering committee that fought the Local Authority Swaps litigation on behalf of the industry and he joined the ISDA Board in 1990. Despite having neglected to gain any accountancy qualifications he allowed himself to be seduced into general management in 1992 as CFO of Morgan Grenfell, where he became one of the architects of the merger of the investment banking businesses of Morgan Grenfell and Deutsche Bank in
1994 subsequently serving as CFO and COO of Deutsche Morgan Grenfell until he left at the end of 1997 to take two years off.
Returned to the financial world
He returned to the financial world as a partner of European Digital Partners, a technology venture capital partnership formed between a collection of Swedish consultants and entrepreneurs and KKR, which kept him busy between 1999 and 2001, which he followed with a short stint as head of UK Private Banking at Barclays before being asked to come in as part of a new management team to take over the running of Schroders plc, the FTSE 100
listed fund manager. He spent five years there as CFO during the successful turnround of the company and about 18 months as Vice Chairman, before leaving in the middle of 2008.
Since leaving Schroders, he has taken on non-executive roles at Axa (UK) and Ashmore plc in London, together with Axa Investment Managers in Paris, together with other private roles.