Quick Facts
Biography
Ian Charles Hannam (born March 1956) is a British banker, once known as the "King of Mining".
Early life
Ian Charles Hannam was born in March 1956. He was born in south London, and grew up in Bermondsey, the son of a local government worker. He went to grammar school.
Hannam has a bachelor's degree in engineering from Imperial College London, and worked for the construction company Taylor Woodrow in Nigeria and Oman. He then studied at the London Business School, and moved to the US, and worked for Salomon Brothers and than JP Morgan.
Career
In July 2014, Hannam was fined £450,000 for insider trading by the UK's Financial Conduct Authority (FCA), "one of the largest handed down to an individual and was considered a major coup for the authority". The fine was in connection with "wrongly disclosing confidential information to Iraqi Kurdistan's oil minister, relating to client oil firm Heritage in 2008", when Hannam was working for JP Morgan.
In April 2012, Hannam stood down as JP Morgan's global chairman of equity capital markets, in order to deal with the allegations.
Hannam is now chairman of the corporate finance boutique, Hannam & Partners, where the CEO is former JP Morgan colleague Neil Passmore. In 2012, he bought Strand Partners and renamed it Hannam & Partners.
Personal life
Hannam is a former captain in the Territorial Army, in which he served 20 years.
He is married to Debbie.