Appointed FSA Chairman in September 2008; position will end March 2013. He has combined careers in business, public policy and academia. From January 2008 Chair of the Climate Change Committee. Chairman of the Pensions Commission from 2003 - 2006, and of the Low Pay Commission from 2002 - 2006. His book 'Just Capital - The Liberal Economy', was published by Macmillan in 2001. Until September 2008 was a non-executive Director at Standard Chartered Bank; from 2000-2006 he was a Senior Adviser, Vice-Chairman of Merrill Lynch Europe, and from 1995-99, Director General of the Confederation of British Industry. Prior to that, he was with McKinsey and Company from 1982-95, and between 1992-1995, built McKinsey's practice in Eastern Europe and Russia. 1979-82 at Chase Manhattan Bank. Has been Chair of the Overseas Development Institute. Is Visiting Professor at the London School of Economics and at Cass Business School, City University. He was, until appointed at the FSA, a trustee of Save the Children UK, and has been a trustee of WWF.UK. He is married with two daughters.