Somerset Capital co-founder Dominic Johnson sacked as minister after 26 days

Served as investment minister

Valeria Martinez
clock • 1 min read

The co-founder and former CEO of Somerset Capital, Dominic Johnson, has been sacked as government minister after 26 days in the role.

Former Prime Minister Liz Truss appointed Johnson to unpaid roles as a minister at the Department for International Trade and the Cabinet Office on 2 October. He was also made a lifetime Conservative peer, becoming Lord Johnson of Lainston. However, as Rishi Sunak took office and made his own ministerial appointment, Johnson left the government on Friday 28 October. He is still able to retain his lifetime House of Lords peerage.  Somerset Capital appoints new CEO as co-founder becomes government minister Lord Johnson was vice-chairman of the Conservative Party between 2016 and 2019...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week