George Wellesley had been under his command at the time, ran aground at Pearl Rock off Gibraltar in July 1871. He was appointed First Naval Lord in November 1877 and in that capacity he secured a considerable increase in naval construction, for example on the Colossus class battleships, although some of these ships were of doubtful quality. Born the son of Gerald Valerian Wellesley (brother of the Arthur Wellesley, 1st Duke of Wellington) and Lady Emily Mary (daughter of Charles Cadogan, 1st Earl Cadogan), Wellesley joined the Royal Navy in 1828. After initial training at the Royal Navy College at Portsmouth and
Graham Wellesley, 8th Earl Cowley executive. The following year the company issued what at the time was the largest ever loan by a peer-to-peer lender – a £8.3million bridging loan to a UK urban regeneration scheme. Graham Wellesley is married to Claire (Brighton) Wellesley, with whom he has two sons and a daughter. Graham Wellesley, 8th Earl Cowley Garret Graham Wellesley, 8th Earl of Cowley (born 30 March 1965), styled Viscount Dangan from 1975 to 2016, is a British hereditary peer and businessman. Previously an entrepreneur in derivatives and foreign exchange trading, he is the founder and CEO of UK alternative lender Wellesley & Co.