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Howard Davies (economist)

Sir Howard Davies
Howard Davies at the World Economic Forum Summit on the Global Agenda 2008.jpg
Director of the London School of Economics
In office
2003–2011
Preceded by Anthony Giddens
Succeeded by Judith Rees
Personal details
Born

(1951-02-12) 12 February 1951 (age 65)

Manchester
Nationality British
Alma mater Memorial University
Merton College, Oxford
Stanford Business School

(1951-02-12) 12 February 1951 (age 65)

Sir Howard John Davies (born 12 February 1951) teaches courses on the regulation of financial markets and central banking at the Paris School of International Affairs at Sciences Po.

He previously served as the first chairman of the Financial Services Authority. Davies was chairman of the Phoenix Group and, until July 2015, chaired the UK Airports Commission, set up in 2012 to make recommendations to the British government on airport capacity in the South East of England. Its final report was published on 1 July 2015. In February 2015 he was appointed Chairman of The Royal Bank of Scotland from September 2015.

Howard Davies was educated at Bowker Vale County Primary School and Manchester Grammar School, where he was the founder Editor of The Mancunian, before going as an exchange student to the Memorial University of Newfoundland and, as a Postmaster, to Merton College, Oxford University, where he gained an MA in modern history and modern languages. He edited the Cherwell newspaper in 1972. In 1979 he was awarded a Harkness Fellowship to attend the Stanford Graduate School of Business from where he obtained an MS degree in management sciences.

Davies was employed by McKinsey and Company from 1982 to 1987 after working at the Treasury and the Foreign and Commonwealth Office, which included a posting of Private Secretary to the British Ambassador to France. From 1985–86 he was Special Advisor to Chancellor of the Exchequer Nigel Lawson. From 1987–92 he was Controller of the Audit Commission. In 1992 he was appointed Director General of the Confederation of British Industry, a position he held until 1995, when he was appointed Deputy Governor of the Bank of England. In 1997 Davies was appointed Chairman of the newly established Financial Services Authority, serving until 2003.


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