Professor Harold Rose (1922-2018) was London Business School’s (LBS) first faculty member and the first economist to work for Prudential Assurance Company (in 1948), then the world’s largest insurance company.
He joined London School of Economics as senior lecturer in 1958 to organise and teach on an industrial financing course for overseas government officials. Professor Rose then left in 1965 to join LBS as Professor of Finance, where he became an Emeritus Professor of Finance and an Honorary Fellow before retiring in 2001.
While at LBS, Professor Rose raised funds to establish the School’s Institute of Finance in 1973 and became its first director. He recruited faculty who made a lasting contribution to the School and to the finance subject area.
In 1975 he became group economic adviser to Barclays Bank, while continuing to teach on the LBS Sloan programme. Professor Rose then returned to LBS on a part-time basis after retiring from Barclays in 1988.
Professor Rose held directorships at the Economist and Abbey National Building Society. He was a special adviser to UK government departments in industry, trade and the environment, and also to the Treasury and Civil Service Committee of the House of Commons.
Other roles included being a member of the Bank of England’s Panel of Economic Consultants, the Chancellor’s Group of Independent Economic Consultants and the Retail Prices Index Committee.