BRITAIN’S business community is mourning the death of Lord Bagri, a respected entrepreneur who was also the longest serving chairman of the London Metal Exchange.
He was 86 and passed away on Tuesday night (25).
Born in Calcutta, Raj Kumar Bagri was chairman of Metdist, which dealt with non-ferrous metals. In recent years, his son Apurv played a more active role in the business.
Lord Bagri had the distinction of being the first non-white chairman of the London Metal Exchange (LME) , a post he held for a record 10 years from 1993.
As a mark of respect for him, the LME held a minute’s silence at 12.30 yesterday (26).
He is survived by his son Apurv and a daughter, Amita.