Michael Forsyth, Baron Forsyth of Drumlean
The Lord Forsyth of Drumlean | |
|---|---|
Official portrait, 2024 | |
| Lord Speaker | |
| Assumed office 2 February 2026 | |
| Monarch | Charles III |
| Preceded by | The Lord McFall of Alcluith |
| Chair of the Economic Affairs Committee | |
| In office 27 June 2017 – 19 January 2022 | |
| Preceded by | The Lord Hollick |
| Succeeded by | The Lord Bridges of Headley |
| Secretary of State for Scotland | |
| In office 5 June 1995 – 2 May 1997 | |
| Prime Minister | John Major |
| Preceded by | Ian Lang |
| Succeeded by | Donald Dewar |
| Minister of State for Home Affairs | |
| In office 20 July 1994 – 5 June 1995 | |
| Prime Minister | John Major |
| Preceded by | The Earl Ferrers |
| Succeeded by | Ann Widdecombe |
| Minister of State for Employment | |
| In office 14 April 1992 – 20 July 1994 | |
| Prime Minister | John Major |
| Preceded by | Eric Forth |
| Succeeded by | Ann Widdecombe |
| Minister of State for Scotland | |
| In office 7 September 1990 – 14 April 1992 | |
| Prime Minister | |
| Preceded by | The Lord Sanderson of Bowden |
| Succeeded by | The Lord Fraser of Carmyllie |
| Member of the House of Lords | |
| Life peerage 14 July 1999 | |
| Member of Parliament for Stirling | |
| In office 9 June 1983 – 8 April 1997 | |
| Preceded by | Constituency created |
| Succeeded by | Anne McGuire |
| Personal details | |
| Born | 16 October 1954 Montrose, Scotland |
| Party | Speaker (since 2026) |
| Other political affiliations | Conservative (before 2026) |
| Spouse |
Susan Clough (m. 1977) |
| Children | 3 |
| Alma mater | University of St Andrews |
Michael Bruce Forsyth, Baron Forsyth of Drumlean, PC (born 16 October 1954) is a British financier and politician, who has held the office of Lord Speaker, the presiding officer of the House of Lords, since February 2026. He was Conservative Member of Parliament (MP) for Stirling from 1983 to 1997 and served in the cabinet of John Major as Secretary of State for Scotland from 1995 to 1997.
He retired as Chairman of Secure Trust Bankin May 2024 and as a Director of J&J Denholm and of Denholm Logistics Ltd in January 2026. He was a director and Chairman of Hyperion Insurance Group until its merger with RKH Group in 2015. A former Deputy Chairman of JPMorgan UK and Evercore Partners International, he was knighted in 1997 and appointed to the House of Lords in 1999. He is a member of the Privy Council and served on the Development Boards of the Royal Society and the National Portrait Gallery. He is also a past president of the Royal Highland and Agricultural Society of Scotland.
He was appointed for a second term to the House of Lords' Economic Affairs Committee in 2015, and as its chairman following the election in 2017. He was elected as Chairman of the Association of Conservative Peers in September 2021 retiring on January 28th 2026(the House of Lords' equivalent to the House of Commons' 1922 Committee). Forsyth was appointed the chair of the Financial Services Regulation Committee in january 2024 and retired in January 2026. He resigned as president of the Steamboat Association of Great Britain in February 2026.