| Honorific-Prefix: | The Right Honourable |
| The Lord Fraser of Corriegarth | |
| Office3: | Member of the House of Lords Lord Temporal |
| Term Start3: | 20 October 2016 |
| Term End3: | 6 February 2021 Life peerage |
| Birth Name: | Alexander Andrew Macdonell Fraser |
| Birth Date: | 2 December 1946 |
| Death Place: | Dingwall |
| Nationality: | British |
| Party: | Conservative Party |
| Profession: | Financier |
Alexander Andrew Macdonell Fraser, Baron Fraser of Corriegarth (2 December 1946 – 6 February 2021) was a British banker, treasurer of the Conservative Party of the United Kingdom and was a member of the House of Lords. He was described variously as a "stockbroker" or an "investment banker".[1] [2]
Fraser was the son of Mary Ursula Cynthia Gwendolen (Macdonnell) and Ian Fraser, Baron Fraser of Tullybelton, a prominent Scottish lawyer who later became a Law Lord. He was educated at Eton College and St John's College, Oxford where he read Philosophy, Politics and Economics.[3] [4] After graduation, he worked at various jobs in the financial sector. His major jobs included:
Fraser was also Head of Equities at Barings Bank in 1995, when it collapsed after £827 million losses resulting from poor speculative investments carried out by Nick Leeson.[5]
He was made a life peer in 2016 as part of David Cameron's Resignation Honours list.[6] On the morning of 31 August 2016 he was created Baron Fraser of Corriegarth, of Corriegarth in the County of Inverness. He was married to Rebecca (née Shaw-Mackenzie, formerly Ramsay), they have two daughters and three sons between them, and split their time between London and The Highlands, from where his title derives.
He died on 6 February 2021, from a brain tumour, at the age of 74.[7] [8]
Fraser is described by The Guardian as a "major donor" to the Conservative party.[9] He was also the second largest Better Together donor, giving £200,000 to the campaign for a no vote in the 2014 Scottish independence referendum.