Thursday 19 May, 2016
New Prime Warden
The Annual Prime Warden’s Changeover Service held at St Vedast on the evening of Wednesday 18 May, marked the inauguration of Michael Wainwright, Managing Director of British luxury jewellery retailer Boodles as the new Prime Warden.
The Goldsmiths’ Company, which received its first royal charter in 1327, continues to play a central role in the UK goldsmithing, silversmithing and jewellery trade. Like the Company, Boodles draws on its rich heritage while maintaining a forward-looking approach.
Boodles (originally Boodle & Dunthorne) was established in Liverpool in 1798 and bought by the Wainwright family in 1911. Aged 15, Michael began working in the Liverpool branch during his holidays, and spent half his gap year working there before attending Exeter University. After graduating with a degree in accounting and economics, he trained as a chartered accountant. Michael then moved to London in 1979, where he joined Peat, Marwick and Mitchell (now auditors KPMG).
He joined Boodles in 1984 and returned to London in 1987 when the family company opened its first London branch on Brompton Road. Today Boodles has five London shops (including its flagship shop in Bond Street) three in the north, and one in Dublin.
As a successful businessman with a social conscience, Michael is also s a fundraising trustee for the Rainbow Trust, a charity offering care and support to families of terminally ill children. He also provides enterprise mentorship at the Cranfield School of Business.
Michael describes himself as “passionately commercial” and believes in getting the best out of the market. As Prime Warden, he aims to help the Goldsmiths’ Company build on its efforts to improve the business and leadership skills of jewellers and silversmiths, enabling those who wish to grow to fulfil their potential.