The Clifton College Development Trust was founded in 2011. The Trust’s ambitions are underpinned by three guiding principles:
- To build on and further enhance the reputation and strength of the School.
- To increase the number of scholarships and bursaries awarded, enabling greater access for talented pupils regardless of circumstances.
- To ensure Clifton remains a place of distinction for future generations.
Meet the Trustees
Alan W Morgan
Milan S. Morjaria
Adrienne J Rivlin
Simon Brewer is an OC (East Town 1970-81), graduated from the London School of Economics with a degree in Economic History, and subsequently took the advanced management programme at INSEAD, France. He also attended Buckingham University’s Military History programme.
He started his career at Citibank in 1985, where he trained as a portfolio manager, before joining Morgan Stanley in 1989. Over the 17 years he spent there, he managed their global balanced portfolio, was Chairman of their European Asset Allocation Committee and Chief Investment Officer. For the last 12 years he has been CEO and an owner of Vantage Investment Advisory Ltd. In addition he is a senior advisor to Rothschild and Co, in London, a Governor of Clifton College and Chairman of their development trust, and served as a Trustee of Great Ormond Street Hospital. He is the Co- Founder of The MoneyMaze Podcast.
He has contributed articles and been featured in the Spanish, Italian, French and German newspapers and debated Brexit on France 24, the French news channel and live in Berlin. He also contributes letters to the Financial Times and Daily Telegraph. His speaking invitations have included addressing the bursars of Oxford and Cambridge Universities, financial conferences in Dubai and Tokyo and Sud Deutsche Zeitung’s annual business conference in Berlin (Germany’s leading newspaper), as well as Family Office and Charitable events.
Simon lives in London with his wife, Katie and their three children. He is a keen sportsman (and ageing competitor,) and fascinated with military history.
OC 1978-83 (Polack’s House). Career in financial markets since leaving school. Founder and owner of JB Drax Honoré, the world’s largest broker of exchange traded interest rate options. Appointed Governor 2009. Member of Council 2018-
Alan W Morgan
Alan W Morgan, MA, MBA,(NT 1964-1969, Praeposter; 1st XV, 1st XI Hockey) Trinity, Oxford (Jurisprudence MA). Called to the Bar, Middle Temple 1974. Harvard Business School. MBA 1978. Director McKinsey & Co Strategy Consultants (1978-2006) Co-founder and Chairman MMC Ventures Ltd (2000); Chairman Adfisco; Non-executive director at several financial services companies. Appointed Governor 1999. Council Member 2002-2011
“It is very encouraging to see Clifton College develop and thrive. I am delighted to be a trustee of the Clifton College Development Trust: there is a great opportunity to assist Clifton’s three schools by raising funds to support specific targeted priority investments beyond day-to-day operational requirements. The Trust will reinforce the confidence to aim high.”
Nick Tolchard is an OC South Town 1970-1980). BSc (Geophysics) Southampton University (1981-84). Senior roles in Asset Management industry since 1984. Hill Samuel 1988-94. Director Fidelity International 1994-2000. Joined Invesco Asset Management in 2000.
Now Director of Invesco Asset Management and head of Fixed Income for EMEA. Deputy Chair of UK Investment Association Trade and Investment Committee, global promotor of UK Asset Management industry.
President Bristol Junior Chamber of Commerce 1995-96. Member of OC Executive Committee in 2002, Chairman 2007 to 2018. Trustee of OC Endowment Fund, Governor, and Founding Trustee of CC Development Trust. He was Vice Chair of Clifton Council from 2016 to 2019 and became Chair in September 2019. Father of three Cliftonians
“Having had 11 happy years at Clifton, building life-long friendships and skills, I was keen to re-engage with the school and the Old Cliftonian Society to contribute to the future success of the school where my daughter is now beginning her career. We live in a society of global opportunities and Clifton is well placed to be an outstanding centre of international education. It’s essential we have a clear strategy to compete, so I am delighted to support the launch of the Development Trust.”
Hugh J W Harper, OC (Wiseman’s House), Sixth Form Scholar, Fencing and Sailing Colours, Praepostor; Council Member (2011–); Worcester College, Oxford; BA (Hons) Chemistry, Choral Scholar; Adviser to Rt Hon. John Patten (1988–1992); Vice President, Citibank, NA (1990–1998); Partner, Financial Services, McKinsey & Co. Inc, (1999–2012), Freeman of City of London; Trustee, Royal Institution of Great Britain, (2011—2017); Partner and Managing Director of Towerbrook Capital Partners (2012-14), Senior Partner, EY LLP, 2014 – current; Farmer
“Clifton transformed my education and career. Joining the Development Trust is a tremendous opportunity to help the College secure the investment to build on its growing success and realise its potential to be one of the leading national institutions realising the potential future generations of Cliftonians and contributing to the broader Education system.”
OC 1976-1987 (LS, MH, HH, SH, Praeposter, Head of House, 1st XV), BA in History from Exeter University 1991
Graeme has spent the last 23 years of his career in the Financial Services industry, initially with Goldman Sachs in London, Zurich and New York, and more recently with Morgan Stanley in New York where he is the Head of Operations for the Institutional Sales and Trading businesses of the firm. Prior to working in the Financial Services industry he was in the Royal Navy for 10 years, joining on a university sponsorship scheme on leaving Clifton. He served in the Submarine Service, at sea and ashore, in both front line units and Headquarters staff.
Graeme currently lives outside New York City with his family. Aside from his work in Morgan Stanley, he is a Director of the Depository Trust and Clearing Corporation (DTCC), Vice Chair of the Operations and Technology Committee for SIFMA, and also a Trustee of the Clifton College Development Trust and a Governor of Clifton College.
“Having lived in the US for the last 15 years, and seeing the impact that well run development funds can have on secondary and tertiary education institutions in the US context, I felt that I could have an impact in bringing some of that thinking back to Clifton. I truly benefitted from my time spent at the school – supporting the efforts of the Trust now will help strengthen its position for the future”
Milan S. Morjaria
Milan S Morjaria, (SH 1985), Head of House and Head of School; OC Milan is founder and CEO of MSM Investment Advisors, a multi-family office based in Geneva, Switzerland.
Prior to founding MSM investment Advisors SA, Milan was Managing Director at Citigroup responsible for their Ultra High Net Worth and Family Office clients in Europe. Milan has over 30 years of financial markets experience. Milan graduated from the London School of Economics with a bachelor’s degree in Economics.
“Clifton and its teachers contributed significantly to my personal development and gave me the broad education necessary to succeed in my professional and personal life. I am delighted to join the Clifton College Development Trust to continue assisting in raising the profile and awareness of Clifton College and the contribution such an institution has to offer to all members of our global community.”
Adrienne J Rivlin
Dr Adrienne J Rivlin, MA, MPhil, DPhil. OC (1991-2001 Poole’s, Oakeley’s House). Clifton College academic scholarship, Praeposter, Head of School, Captain 1st XI hockey, 1st VII Netball, 1st VI tennis. Brasenose College, Oxford (PPE, Sociology), Linacre College, Oxford (Psychiatry). University of Oxford academic scholarship, Department of Health PhD scholarship. Hockey blue 2003, 2004. Both siblings were also educated at Clifton. Former Secretary OC Society (Oxford branch). 2011-2020 Partner in the Global Strategy Group at KPMG, specialising in Healthcare and Life Sciences. Partner at L.E.K. Consulting 2020- .She was appointed Governor in 2012.
“I am delighted to have been appointed a trustee as I have very fond memories of the ten years I spent at Clifton. The school afforded me an excellent range of opportunities within a very happy environment. I would like for more pupils to be able to be able to enjoy the experiences that I did.”
Tom is a consultant in the financial sector, specialising in asset allocation advice for multi-asset funds. He worked for 18 years at JP Morgan Asset Management, first as head of report writing in the marketing team, from 2006 as a markets strategist with responsibility for U.K, Eastern Mediterranean and Middle East clients. He left in 2013 as an executive director. Tom is a visiting lecturer in the Political Economy department, at Kings College, London, focusing on monetary economics and banking.
Tom is a third-generation Cliftonian, with an undergraduate degree in History from Sussex University and a Masters degree in Economic History from the LSE.
Giles Palmer is the founder and CEO of Brandwatch, a leading social intelligence firm. He started Brandwatch after leaving BSkyB in late 2005. Since its launch in August 2007, Brandwatch has grown to become one of the world’s leading social listening and analytics tech companies, empowering some of the world’s biggest brands and agencies across the globe. Giles lead the merger with Crimson Hexagon in October 2018 to create a $100m revenue SAAS business
His goal for the company is to help organizations find and understand actionable insights from social data and share the right insights with the right people throughout the enterprise.
Giles has a Physics degree from Durham University and is a Chartered Accountant. He is based in Brighton, UK.