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Trump names billionaire investment banker as ambassador to Britain

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Warren Stephens is head of Stephens Inc, a privately owned diversified monetary companies agency. Its headquarters are in Little Rock, Arkansas.

President-elect Donald Trump has named billionaire funding banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this yr included $2m (€1.9m) to a Trump-backing tremendous political motion committee (PAC).

Trump, in a publish on his Reality Social web site on Monday night, introduced he was choosing Stephens to be the US ambassador to the Court docket of Saint James. The appointment is topic to Senate approval.

“Warren has all the time dreamed of serving the USA full time. I’m thrilled that he’ll now have that chance as the highest Diplomat, representing the USA to considered one of America’s most cherished and beloved Allies,” Trump stated in his publish.

In an announcement made after the announcement, Stephens stated: “It’s my honor to be nominated by President Trump as Ambassador of the USA to the Court docket of St James’s.

“I’ve expressed to President Trump that I’d be extraordinarily proud to serve our nation and his administration, working to implement the President’s agenda and additional strengthen the long-standing alliance between the USA and the UK. Service to nation has been a tenet all through my life, and I’m humbled and grateful for this chance.”

Stephens is the chairman, president and CEO of is a privately owned diversified monetary companies agency headquartered in Little Rock, Arkansas. He took over from his father, Jack, as president and CEO of the corporate in 1986 and have become chairman in 2005. In the beginning of his tenure as CEO, the agency employed 125 individuals. It now employs greater than 1200 individuals in three international locations.

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A biography of the long run ambassador to the UK says of Warren Stephens: “Underneath his management, the agency has remained true to its mission of offering capital to middle-market and small-cap corporations whereas increasing into main US markets and opening Stephens Europe places of work in London and Frankfurt.

“Via its public finance arm, Stephens Inc. has been acknowledged for its integral position in revitalizing native economies, underwriting infrastructure and schooling initiatives across the Southeastern United States.”

Throughout his first time period, President-elect Trump selected Robert “Woody” Johnson, a contributor to his marketing campaign and the proprietor of the New York Jets soccer group, because the US ambassador to the UK.

Trump has already named lots of his nominees for his Cupboard and high-profile diplomatic posts, assembling a gaggle of staunch loyalists. Over the weekend, Trump introduced he meant to appoint property developer Charles Kushner, father of his son-in-law Jared, to function ambassador to France.

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