Latest Press Release
Sir Michael Peat to retire from the Royal Household
24th January 2011
Sir Michael Peat is to retire as Principal Private Secretary to The Prince of Wales and The Duchess of Cornwall after 18 years in the Royal Household. He will leave when a successor has been identified. This may take up to a year.
Sir Michael will continue to undertake investment and financial projects for and provide advice to The Prince of Wales in a part-time capacity.
The Prince of Wales and The Duchess of Cornwall fully understand Sir Michael’s wish to return to the private sector, are hugely grateful to him for all he has done and wish him every success in the future. Their Royal Highnesses are delighted that Sir Michael will continue as an adviser.
Sir Michael said: “The Prince of Wales is a remarkable person, with the extent of his work and achievement yet to be fully recognized. Being part of it has been a life changing experience – interesting, stimulating, challenging and fulfilling. I have learnt a huge amount and will be forever in His Royal Highness’s debt; but after nine years the time is right for a change, for Their Royal Highnesses’ Household and for me.”
Sir Michael Peat, 61, joined Their Royal Highnesses’ Household in 2002 after nine years working for The Queen as Director of Finance and Property Services and then as Keeper of the Privy Purse. He is a Chartered Accountant and was previously a partner with KPMG.