Alexander Hoare

Spear’s Review

Alexander Hoare, the first of the 11th generation of Hoare family members to join the C. Hoare & Co. partnership, was chief executive officer of C. Hoare & Co. between 2001 and 2009. Today, ‘I am steward of the firm’s values and heritage,’ he explains.

For Hoare, who joined the bank in 1987, profit and philanthropy are easy bedfellows. ‘We aim to be good bankers and good citizens,’ he says, and these values continue to inform the character of the UK’s oldest family-owned bank, which was founded in 1672.

Hoare is one of six partners at the private bank who are 11th-generation descendants of the founder, while the seventh, Amy Rodwell, is the first of the 12th generation to be recruited. Abigail Malortie, a descendant of founder Sir Richard Hoare and a member of the 10th generation, is the eighth partner.

A pioneer in the field of social and impact investing, Hoare is also a founding partner of Snowball LLP, a diversified, multi-asset investment vehicle focused on positive outcomes for ‘people and planet’.

‘It has been my life’s work’, he says, ‘to demonstrate that you don’t have to descend to the unacceptable face of capitalism to earn an honest crust.’