Lord Richards of Herstmonceux

Lord Richards of Herstmonceux

Full title

The Lord Richards of Herstmonceux GCB CBE DSO


David Richards



Joined the Lords

24 February 2014

Contact details

House of Lords , London, SW1A 0PW
Tel: Tel: 020 7219 5353

Register of Interests

  • 1: Directorships

    • Chairman and Director, Palliser Associates Ltd (provision of strategic advice to governments and companies) (the company is 100% owned by the Member and his wife - see category 4(a); personal clients are: Ondra Partners (whose business is financial advice); Vitol Group (whose business is energy provision); International Institute for Strategic Studies; the King and Government of Bahrain; the King and Government of Jordan; Government of UAE/Royal Ruby Group; Huntsworth plc (international PR and communications company); Apache Asia (traditional merchant bank with offices in Hong Kong and Singapore); Portfolio Consulting and Advisory Company LLC (an affiliate of Cerberus Capital Management LP; USA); income from employment listed in category 2 is also paid to Palliser Associates Ltd)
    • Chairman and Director, Equilibrium Gulf Ltd (provision of geo-strategic advice to governments and companies) (see category 4(a) - no personal clients)
    • Chairman and Director, Equilibrium Global Ltd (provision of geo-strategic advice to governments and companies) (see category 4(a) - no personal clients)
    • Non-executive Chairman, Arturius International Ltd (a company started by ex-servicemen and specialising in logistic and transport services)
  • 2: Remunerated employment, office, profession etc.

    • Speaking engagement, 3 March 2014, Qatar Armed Forces Staff College, Qatar
    • Speaking engagement: visit to Oman with wife, 3-7 April 2014, to give lecture at National Defence College; fee paid, together with costs of accommodation and travel
    • Speaking engagement, 9 April 2014, Ernst & Young
    • Attendance at 4 day conference, 19-22 June 2014, on SS Queen Victoria organised by Midlands Business Council; Member was contracted through Military Speakers Ltd and received a fee and expenses; wife was also present as a guest of the Council
    • Two speaking engagements, 8 May 2014 and 13 May 2014, Said Business School, University of Oxford
  • 4: Shareholdings (a)

    • Palliser Associates Ltd (owned jointly with wife: 55% Member, 45% wife) (see category 1)
    • Equilibrium Gulf Ltd (Member owns 55% of company; see category 1)
    • Equilibrium Global Ltd (Member owns 55% of company; see category 1)
  • 7: Overseas visits

    • See category 2 (Qatar; Oman)
    • Visit to Sierra Leone, 2-4 May 2014, to receive decoration from the President and engage in discussions on Sierra Leone's development plans; to visit Milton Margai School for the Blind (of which the Member is a Patron) and the Sierra Leone Ex-Servicemen's Association in the Member's capacity as Deputy Grand President of the Royal Commonwealth Ex-Services League; costs of visit (Business Class flights and expenses including two nights' hotel accommodation) met by Melita Holdings; no fee was paid
    • Viisit to Geneva with wife, 15-16 May 2014, to address British-Swiss Chamber of Commerce; no fee was paid but cost of business class air fares, one night's accommodation in Geneva plus incidental expenses were met by British-Swiss Chamber of Commerce
    • Visit to Burma, 1-4 June 2014, made on behalf of the charity Inter-Mediate and DFID/FCO, to advise and maintain good relations with the Burmese military and politicians as they continue the process of democratisation in Burma; a fee and expenses were paid
  • 10: Non-financial interests (b)

    • Visiting Professor, Exeter University
  • 10: Non-financial interests (e)

    • Governor, Ditchley Foundation
    • Deputy Grand President, Royal Commonwealth Ex-Services League
    • Admiral, British Kiel Yacht Club
    • Admiral, Royal Artillery Yacht Club