14 February 2008
The Prime Minister has today appointed Franck Petitgas as a Tate Trustee. His term of appointment will be for four years from 18 February 2008.
Biographical Details
Franck Petitgas started his career in the City with SG Warburg & Co Ltd in 1986 and in 1993 joined Morgan Stanley & Co in New York. Based in London, he is currently Global Co-Head of Investment Banking for Morgan Stanley. He is an active supporter of the visual arts in the United Kingdom and is a passionate advocate of Latin American contemporary art. He is a Council Member of the Serpentine Gallery and of Artangel.
Mr Petitgas holds no other public appointments.
Notes for Editors
Tate’s mission, laid down by the 1992 Museums and Galleries Act, is to increase public knowledge, understanding and appreciation of art. Its responsibilities are safeguarding and enhancing its assets which are the collections, expertise in the collections and subject area, and the buildings. Tate seeks to spread the benefits of those assets by maximising access and developing value for visitors, satisfying stakeholders and through effective organisation and sound financial management. Tate Trustees are not remunerated.
Appointments are made on merit and political activity plays no part in the selection process. However, in accordance with the original Nolan recommendations, there is a requirement for political activity (if any declared) to be made public. Mr Petitgas has declared that he undertook no political activity in the UK in the last five years.
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