stepping down

Who is former BBC chairman Richard Sharp?

RICHARD Sharp has resigned as BBC chairman after breaching the code governing public appointments.

The former banker had faced calls to step down since it emerged he helped Boris Johnson secure an £80,000 loan.

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Richard Sharp has stepped down as BBC chairmanCredit: BBC

Who is Richard Sharp?

Richard Sharp is a former banker and had ties to the UK political establishment.

Born on February 8, 1956, he was once the boss of current Prime Minister Rishi Sunak during his time at Goldman Sachs.

Before his stint at Goldman Sachs, which spanned from 1985 to 2007, Sharp worked in both commercial and investment banking for JP Morgan.

Like many political figures, he studied philosophy, politics and economics at Oxford University.

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During the Covid-19 pandemic, he acted as an adviser to Sunak and played a crucial role in the creation of the Government's £1.57billion culture recovery fund.

From 2013 to 2019 he was also a member of the Bank of England’s Financial Policy Committee.

Is Richard Sharp married?

Mr Sharp was previously married to fellow Goldman Sachs banker Victoria Hull.

The pair got married in 1987 and have three children together.

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They divorced sometime after 2014.

He also has a daughter from a second marriage that ended.

What is Richard Sharp's net worth?

Throughout Sharp’s career as a banker, he has made an impressive £200million fortune, 

He reportedly donated his £160,000 BBC salary to charity.

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When did Richard Sharp first become chairman of the BBC?

Sharp first became chairman of the BBC during one of the most turbulent periods in its history in February 2021.

The corporation was under scrutiny over equal pay, diversity, free TV licences for the over 75s and competition.

During his time with the firm, he strongly defended the broadcaster and used his platform to highlight the importance of journalism in speaking "truth to power".

Why has Richard Sharp resigned as chairman of the BBC?

On April 28, 2023, Sharp resigned as chairman of the BBC after a long-awaited report found he'd breached public appointment rules.

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The former Conservative donor faced calls to step down since it emerged he helped Boris Johnson secure an £80,000 loan.

A report by barrister Adam Heppinstall KC found he "failed to disclose potential perceived conflicts of interest".

Sharp has spared Sunak from deciding his fate by announcing he will stand down from the role at the end of June.

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The PM said he has not spoken to the former BBC chairman following his resignation.

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