The R&A appoints banker as its new CEO

Alistair Dunsmuir
By Alistair Dunsmuir October 16, 2014 10:33

The R&A, the joint governing body for golf around the world, has appointed a banker to be its new chief executive from next year.

Martin Slumbers

Martin Slumbers

While a keen golfer and a golf club member, the appointment of Martin Slumbers, 54, the former global head of Deutsche Bank’s Global Business Services, signals The R&A’s intention to appoint someone with a business background rather than a golfing one, to lead the organisation.

Slumbers will join The R&A next March as ‘chief executive designate’ and spend six months working with current CEO, Peter Dawson, before his retirement. Dawson has been at The R&A’s helm since 1999 and was instrumental in the recent vote by its headquarters’ golf club to admit women for the first time in its 260 year history.

The appointment will mean that Slumbers will arguably become the most important person in golf outside the USA.

“The R&A is one of the most influential bodies in world sport and I am delighted to be taking up this position,” he said. “Golf has always been close to my heart and I am very much looking forward to living and working in St Andrews. I am honoured to be appointed to lead The R&A and to serve such an historic and prestigious club.”

Professor Wilson Sibbett, chairman of The R&A, added: “I would like to congratulate Martin on his appointment. He has enjoyed a long and successful career and will bring a great deal of experience to the position. He has a passion for golf and is absolutely committed to the work of The R&A in governing the game, running the Open and supporting development initiatives around the world.”

Slumbers spent 12 years in the 1980s and 1990s working for Salomon Brothers International in London and Hong Kong, becoming chief financial officer in Asia and then Europe. In 1998, he joined Deutsche Bank and served in a number of senior executive roles. He was appointed global head of Deutsche Bank’s Investment Banking Operations in 2006 and the following year as global head of Global Business Services.

He is also a member of Worplesdon Golf Club in Surrey and plays off a handicap of two.

 

Alistair Dunsmuir
By Alistair Dunsmuir October 16, 2014 10:33
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1 Comment

  1. Denise October 18, 23:54

    Althouh the children should not play the games at
    all times simply because of the issues that caan be brought on to their eyes, there are hardly any problems that the child will get because
    of the friv games as such. And the membership option is truly
    something that you would be finding an opportunity
    to discover more of inner adventurous nature. Furthermore, many executives in charge of Fortune 500 companies in the past wesre
    able to operate their companies even though they lacked the fundamental understanding of business, because running a business was a simpler process.

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