Overview
Sir Michael Derek Vaughan Rake (born 17 January 1948) is a British businessman, former chairman of BT Group, former chairman of Worldpay and a director of S&P Global. He served as president of the CBI from 2013 until 2015. He was appointed to the board of Huawei Technologies UK on 14 April 2020, having worked as an advisor for the company since 1 January 2019.
Early life
Rake was born in Rugby on 17 January 1948, the son of Group Captain Derek Shannon Vaughan Rake OBE AFC and Bar and Rosamond née Barrett. He went to prep school in Devon, followed by Wellington College. He qualified as a chartered accountant.
Career
He joined KPMG in 1974, and worked in continental Europe before transferring to the Middle East to run the practice for three years in 1986. He transferred to London in 1989, became a member of the UK board in 1991, had a number of leadership roles in the UK before being elected UK Senior Partner in 1998. He was Chairman of KPMG in Europe and Senior Partner of KPMG in the United Kingdom, prior to his appointment as chairman of KPMG International in May 2002, in which capacity he served till September 2007.
Board positions
Rake was chairman of Business in the Community from 2004 to 2007 and a member of the board of the Prince of Wales International Business Leaders Forum between 1998 and 2007. He was chairman of easyJet from 2010 to April 2013.
From Wikipedia (CC BY-SA 4.0).