Magnus Renfrew is leaves the Art Basel stable to join the team of the world’s third largest auction house after Christie’s and Sotheby’s.
Born in 1975 in Cambridge, England, Magnus Renfrew has over 20 years’ experience in the sector. After working as a contemporary art specialist at Bonham’s for almost 7 years (he is actually heading back to his roots), Magnus Renfrew founded Hong Kong’s first contemporary art fair, Art HK, in 2007. In 2011, when Art HK was acquired by holding group MCH, which already owned Art Basel and Art Basel Miami Beach, Magnus Renfrew kept his position as founding director and brilliantly ran the first two editions of the event its new Swiss owners. Last year, he was even nominated a Young Global Leader of the World Economic Forum in Davos. His departure is a great loss for AB HK, which will struggle to find anyone so talented and au-fait with local custom.
Magnus Renfrew steps into the key position of Deputy Chairman for Asia and Director of fine Arts for Bonham’s from September.
Bonham’s is one of the oldest international auction houses. Founded in 1793 by Walter Bonham and Thomas Dodd, the company was bought by the first director of Christie’s automobile department, Robert Brooks, three years. Since then it has tried to keep up with the Chinese auction houses as they steadily continue to gain ground. Bonham’s hopes to consolidate its position in the region while letting Magnus Renfew go. To be continued…