The Earl of Cromer
British Ambassador to the United States
In office
1971–1974
MonarchElizabeth II
Prime MinisterTed Heath
Harold Wilson
Preceded byJohn Freeman
Succeeded byPeter Ramsbotham
Governor of the Bank of England
In office
1 July 1961 – 30 June 1966
Preceded byThe Lord Cobbold
Succeeded bySir Leslie O'Brien
Personal details
Born
George Rowland Stanley Baring

(1918-07-28)28 July 1918
Died16 March 1991(1991-03-16) (aged 72)
London, England
NationalityBritish
Alma materTrinity College, Cambridge
OccupationBanker, diplomat
Military service
AllegianceUnited Kingdom
Branch/serviceBritish Army
Years of service1938–1948
RankLieutenant Colonel
UnitGrenadier Guards
Battles/warsSecond World War
AwardsKnight Companion of the Order of the Garter
Knight Grand Cross of the Order of St Michael and St George
Member of the Order of the British Empire

Lieutenant Colonel George Rowland Stanley Baring, 3rd Earl of Cromer, KG GCMG MBE PC (28 July 1918 – 16 March 1991), styled Viscount Errington before 1953, was a British banker and diplomat. After serving during the Second World War, he was Governor of the Bank of England (1961–1966) and British Ambassador to the United States (1971–1974).

Early life and military career

A member of the Baring family and the eldest son of the 2nd Earl of Cromer and his wife Ruby Elliot-Murray-Kynynmound, he was educated at Eton and Trinity College, Cambridge, where he left after a year. He served with the Grenadier Guards during the Second World War, where he gained the rank of Lieutenant-Colonel and became a Member of the Order of the British Empire.[1]

Banking and diplomatic career

After serving as private secretary to Freeman Freeman-Thomas, 1st Marquess of Willingdon in 1938, he joined Barings Bank, founded by his ancestor Sir Francis Baring, as a clerk. After military service during the war, he was managing director of Barings between 1949 and 1959. He then served 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.

He was appointed Governor of the Bank of England in 1961, 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. Cromer was subsequently appointed to the Privy Council. He was responsible for the Cromer Report[clarification needed] into Lloyd's of London.

From 1971 to 1974 he served as British Ambassador to the United States. Following his appointment he became a Knight Commander of the Order of St Michael and St George,[2] and was raised to the rank of Knight Grand Cross in 1974.[3] He was a Governor of the pro-NATO Atlantic Institute and a member of the Pilgrims Society executive committee.

In 1977, he was made a Knight Companion of the Garter.[4]

Personal life

Cromer married Hon. Esme Mary Gabriel Harmsworth (1922–2011) in 1942, daughter of Esmond Harmsworth, 2nd Viscount Rothermere.[citation needed]

They had three children:

Both the Countess of Cromer and her daughter-in-law were royal attendants. Esme Harmsworth was a Lady of the Bedchamber to Queen Elizabeth II, while Lavinia Baring was a Lady-in-Waiting to Diana, Princess of Wales.[5]

In 1964, during the period he was at the Bank of England, Cromer purchased a Fairey Huntsman 28 sports cruiser from Fairey Marine, Hamble. Bearing the name Le Reve, the vessel was taken to France. The boat still exists, and details can be seen on the Fairey Owners Club[6] website.

The 3rd Earl died on 16 March 1991 in London. Esme remarried in 1993 to Gerrit van der Woude.

Arms

Coat of arms of Lt. Col. Rowland Baring, 3rd Earl of Cromer, KG, GCMG, MBE, PC
Coronet
An Earl's Coronet
Crest
Between wings conjoined in base Argent a mullet Erminois.
Escutcheon
Azure on a fess Or an escallop Azure for difference in chief a bear's head couped proper muzzled and ringed Or.
Supporters
Two bears proper muzzled Or that to the dexter collared checky Argent and Azure and charged on the shoulder with a lion's head erased Or that to the sinister collared gemel and charged on the shoulder with an escallop Or.
Motto
PROBITATE ET LABORE

Footnotes

  1. ^ "No. 36917". The London Gazette (Supplement). 30 January 1945. p. 673.
  2. ^ "No. 45308". The London Gazette. 19 February 1971. p. 1527.
  3. ^ "No. 46162". The London Gazette (Supplement). 28 December 1973. p. 3.
  4. ^ "No. 47207". The London Gazette. 26 April 1977. p. 5631.
  5. ^ "Yvonne's Royalty Home Page: Diana, Princess of Wales' Ladies-in-Waiting". Users.uniserve.com. Retrieved 31 March 2016.
  6. ^ "Huntsman 28 - The Fairey Marine Hull Production Archive". Sites.google.com. 29 June 2011. Retrieved 31 March 2016.

References

Court offices Preceded byJock Colville Page of Honour 1931–1935 Succeeded byGeorge Seymour Government offices Preceded byThe Lord Cobbold Governor of the Bank of England 1961–1966 Succeeded bySir Leslie O'Brien Diplomatic posts Preceded byJohn Freeman British Ambassador to the United States 1971–1974 Succeeded bySir Peter Ramsbotham Peerage of the United Kingdom Preceded byRowland Baring Earl of Cromer 1953–1991 Succeeded byEvelyn Baring