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Scott Young, Robert (1856–1938)

Mr. Robert Scott Young, who died on Saturday at his home in Harrow road, St. Peters, at the age of 82, was for many years a leading figure in Adelaide banking circles. After 55 years of service in banking, he resigned in 1927, being at the time superintendent of the Bank of Adelaide.

Born in Adelaide in 1856, Mr. Young received his early education at Mr. Thomas Caterer's School at Burnside, at schools in Scotland, at Whinham College, North Adelaide, and at St. Peter's College when it was in North terrace. He joined the Bank of South Australia in 1872, and in 1879 he entered the service of the Commercial Bank of South Australia. In 1892 he joined the Bank of Adelaide as accountant, becoming assistant manager in 1906 and superintendent in 1920.

In 1908, Mr. Young visited London and the Continent. In the difficult years for financial institutions during the Great War, his sound guidance was of great value to South Australian banking. On several occasions he was chairman of Associated Banks in South Australia, and in 1927 he attended the Australian banking conference in Melbourne which was called by the Controller of the Bank of England (Sir Ernest Harvey).

Mr. Young was generally recognised as one of the best informed men on international exchange.

Original publication

Citation details

'Scott Young, Robert (1856–1938)', Obituaries Australia, National Centre of Biography, Australian National University, http://oa.anu.edu.au/obituary/scott-young-robert-19827/text31077, accessed 10 December 2019.

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