Robert Savage

Robert Savage

Robert. A. Savage (born in London, 1933) is an ex president and chief executive of American Express becoming chairman in 1991. [http://query.nytimes.com/gst/fullpage.html?res=950DE7DB1F3DF935A15754C0A96F948260&scp=3&sq=Robert%20A.%20Savage%20American%20Express&st=cse] [http://query.nytimes.com/gst/fullpage.html?res=9D0CE5D6113DF93BA15751C0A967958260&scp=1&sq=Robert%20A.%20Savage%20American%20Express&st=cse] He joined American Express in 1965 from Barclays Bank, where he was deputy chief trader of foreign currency. Savage is a graduate of Harvard University.

He is also a past member of the Foreign Exchange Committee. During the famous Edmond Safra affair of the 1980s he was part of a management group led by Bob Smith which was close to buying the Trade development Bank and American Express for $600 million. The bank's largest clients had been approached, and they were convinced they could swing a deal. Confidence was so high even a press release was being written up in anticipation of an announcement until then Chairman Jim Robinson inexplicably changed his mind.

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