Age, Biography and Wiki
Iain Vallance, Baron Vallance of Tummel was born on 20 May, 1943, is an A liberal democrats uk life peer. Discover Iain Vallance, Baron Vallance of Tummel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 80 years old?
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| Age |
80 years old |
| Zodiac Sign |
Taurus |
| Born |
20 May, 1943 |
| Birthday |
20 May |
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We recommend you to check the complete list of Famous People born on 20 May.
He is a member of famous with the age 80 years old group.
Iain Vallance, Baron Vallance of Tummel Height, Weight & Measurements
At 80 years old, Iain Vallance, Baron Vallance of Tummel height not available right now. We will update Iain Vallance, Baron Vallance of Tummel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Not Available |
| Wife |
Not Available |
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Not Available |
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Not Available |
Iain Vallance, Baron Vallance of Tummel Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Iain Vallance, Baron Vallance of Tummel worth at the age of 80 years old? Iain Vallance, Baron Vallance of Tummel’s income source is mostly from being a successful . He is from . We have estimated Iain Vallance, Baron Vallance of Tummel's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
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Iain Vallance, Baron Vallance of Tummel Social Network
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Timeline
Iain David Thomas Vallance, Baron Vallance of Tummel, (born 20 May 1943) is a British businessman and a retired Liberal Democrat member of the House of Lords.
Vallance was educated at the Edinburgh Academy, Dulwich College, London and The Glasgow Academy.
In 1965 he graduated from Brasenose College, Oxford with a Bachelor of Arts in English language and literature, and in 1972 from the London Business School with a Master of Science in business administration.
Vallance worked in the Post Office from 1966 to 1981, as director of central finance from 1976 to 1978, as director of telecommunications finance from 1978 to 1979 and as director of materials department from 1979 to 1981.
Vallance married Elizabeth Mary McGonnigill in 1967; they had one daughter and a son.
In 1981 he moved to the soon to be privatised British Telecommunications, for which he worked until 2002.
After a period in finance, Vallance became Chief of Operations in 1985, and Chief Executive from 1986 to 1995, as chairman from 1987 until, with many investors calling for his resignation, he resigned as chairman in 2001, and finally served as president emeritus from 2001 to 2002.
In 1995 Vallance was a member of the Greenbury committee which produced a report, known as the Greenbury Report, into executive remuneration.
The report was formally commissioned at the behest of the CBI, although in his memoirs Michael Heseltine claims that he personally instigated the formation of the committee.
Vallance's appointment to the committee came despite previous high-profile controversy over his own pay at BT.
Vallance also received an Honorary Doctorate from Heriot-Watt University in 1995
In 1999 he made a speech to the Telecoms Managers Association, which led to him being called the lollipop man:
"Iain Vallance: When it comes to the mass deployment of new technology across our network, BT has the unenviable task of the lollipop man. His job is to restrain the over-exuberant children from dashing across the road at will, and to ensure that the crossing is made safely and in an orderly fashion."
Since 2003 he has been member of the supervisory board of Siemens.
He was made a Knight Bachelor in 1994 and was created a life peer with the title Baron Vallance of Tummel, of Tummel in Perth and Kinross on 22 June 2004.
Lady Vallance died in 2020.
