James Coates (banker)
Sir James Hugh Buchanan Coates | |
|---|---|
| Born | Template:Birth date George's Bay, Auckland, New Zealand |
| Died | October 11, 1935 (aged 84) Parnell, Auckland, New Zealand |
| Occupation(s) | Banker, athlete |
| Known for | General manager of the National Bank of New Zealand; company director |
Sir James Hugh Buchanan Coates (9 October 1851 – 11 October 1935) was a distinguished New Zealand banker and athlete. He held the position of general manager at the National Bank of New Zealand for 21 years until his retirement in 1914, after which he moved to London to take on roles as a company director.
Early life and sporting interests
Coates was born in George's Bay, Auckland, the son of James Coates, a notable settler and senior official in colonial Auckland. His education took place at the Church of England Grammar School followed by St John's College, Auckland. From an early age, he demonstrated athletic talent, participating in cricket, rugby, rowing, and excelling at shot-put. His later recreational pursuits included golf and horse racing. He was instrumental in establishing the Auckland Cricket Association as well as the Auckland Amateur Athletic and Cycle Club.
Banking career
Beginning his banking profession in 1869 with the Bank of New South Wales, Coates worked in both Auckland and Thames. In 1873, he joined the National Bank of New Zealand as a teller based in Auckland. By 1875, he had advanced to accountant and became manager by 1886. Elevated to general manager in 1893, he remained in that capacity until 1914. Following his retirement from executive duties, Coates served as a director at the bank’s London headquarters. Additionally, he held board positions with the South British Insurance Company from 1922 until his passing, the Guardian Trust and Executors Company, and acted as a trusted financial consultant to the Government of New Zealand.
In recognition of his service, Coates was knighted as a Knight Bachelor in the 1922 New Year Honours and was awarded the King George V Silver Jubilee Medal in 1935.
Death
Coates remained unmarried throughout his life and passed away aged 84 on 11 October 1935 at his residence on St Stephen's Avenue, Parnell, Auckland, due to bronchial pneumonia. His final resting place is at Purewa Cemetery in Meadowbank.
At the South British Insurance Company’s annual general meeting on 24 October 1935, chairman Victor Larner commended Coates as a highly esteemed individual whose warmth and politeness earned widespread respect across all social strata. Larner emphasized that Coates’ death represented both a considerable loss to the board and a personal bereavement for its members.
References
- Short description with empty Wikidata description
- 1851 births
- 1935 deaths
- New Zealand sportsmen
- New Zealand bankers
- New Zealand Knights Bachelor
- New Zealand expatriates in England
- Businesspeople awarded knighthoods
- Burials at Purewa Cemetery
- Businesspeople from Auckland
- 19th-century New Zealand businesspeople