Angus Grossart

Noble Grossart bank confirmed its chief executive died peacefully at home on Friday with his family by his side. In a statement, Noble Grossart Bank said: “It is with profound sadness that we announce that Sir Angus McFarlane McLeod Grossart has passed away peacefully at home in Edinburgh on May 13 with his family by his side after a short illness.”

Sir Angus jointly founded the bank in 1969 and served as a director of several listed public companies in the UK, US and Canada, BBC News reports.

He was a former vice-chairman of the Royal Bank of Scotland Group and a former chairman of the Scottish Investment Trust PLC and of Edinburgh Fund Managers PLC

He also served as chairman of the National Museums of Scotland, the National Galleries of Scotland, the Heritage Lottery Fund in Scotland and the Scottish Futures Trust.

When he died he was chairman of communications firm Charlotte Street Partners, auction house Lyon & Turnbull and Edinburgh International Culture Summit.

He was awarded a CBE in 1990 and knighted 1997, when he was a deputy lieutenant of the City of Edinburgh.

Sir Angus grew up in Carluke, South Lanarkshire, and trained in law at Glasgow University before becoming an advocate and serving at the bar until 1969. He was also a long-time feature of the Scottish financial establishment. He was a formidable deal-maker, influencer and networker.

First Minister Nicola Sturgeon has led tributes to his life, calling Sir Angus “a titan of Scotland’s business community” who would leave “a deep and lasting legacy” through his contributions to the arts, culture, the economy, and public life.

She said: “I want to pay particular tribute to the work of Sir Angus in his years of public service including leading the National Museums of Scotland, the National Galleries of Scotland and the Scottish Futures Trust.”