Baron David de Rothschild was appointed Rothschild Group Chairman in 2003. David is the great, great, great grandson of Mayer Amschel Rothschild, the founder of the Rothschild dynasty, and descended from the Baron James de Rothschild who established a bank in Paris in 1812. David has been in the business for 40 years and has worked in different branches of the family firm. In 1981, Banque Rothschild, the company originally founded by James de Rothschild in 1812 under the name De Rothschild Frères, was nationalised by the French government. A regrouping was led by David and his cousin, Baron Eric de Rothschild, and they finally secured the right to operate a new banking business under the family name in 1986. David sits on the boards of De Beers, Casino, La Compagnie Financière Saint-Honoré and Compagnie Financière Martin Maurel. He is also President of the Fondation pour la Mémoire de la Shoah.
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