Paul Deighton, Baron Deighton
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The Right Honourable The Lord Deighton KBE |
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Deighton speaking at the Moët Hennessy Financial Times Club dinner in London, 2011
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| Commercial Secretary to the Treasury | |
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In office 3 January 2013 – 14 May 2015 |
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| Monarch | Elizabeth II |
| Prime Minister | David Cameron |
| Chancellor | George Osborne |
| Preceded by | The Lord Sassoon |
| Succeeded by | The Lord O'Neill of Gatley |
| Personal details | |
| Born |
18 January 1956 Carshalton, Surrey, UK |
| Nationality | British |
| Political party | Conservative |
| Alma mater | Trinity College, Cambridge |
Paul Clive Deighton, Baron Deighton,KBE (born 18 January 1956) is a British Conservative politician who served as Commercial Secretary to HM Treasury from January 2013 to May 2015. Deighton is a former investment banker who previously served as Chief Executive of the London Organising Committee of the Olympic and Paralympic Games (LOCOG), the organisation responsible for planning the 2012 Summer Olympics and Paralympics.
Deighton was born in Carshalton, Surrey on 18 January 1956. He was educated at Wallington County Grammar School before going on to Trinity College, Cambridge, graduating in 1978 with a Bachelor of Arts degree in economics. He is married and has two adult sons.
Deighton began his career at Bank of America and moved on to Security Pacific National Bank, where he specialised in corporate banking. In 1983, he joined investment bank Goldman Sachs, initially based in London. He spent two years at their New York office from 1994, where he was joint Head of Controllers. In 1996 he returned to London, where he was promoted to Head of European Operations and became a partner in the firm. In 2000 he became their Chief Operating Officer for Europe.
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