Sir Charles Fergusson Roxburgh KCB (born 25 October 1959) is a British civil servant who was Second Permanent Secretary of HM Treasury from 2016 to 2022.[1]
Charles Roxburgh | |
|---|---|
 | |
| Second Permanent Secretary of HM Treasury | |
| In office 4 July 2016 – 30 June 2022 | |
| Prime Minister | David Cameron Theresa May Boris Johnson |
| Chancellor | George Osborne Philip Hammond Sajid Javid Rishi Sunak |
| Preceded by | John Kingman |
| Personal details | |
| Born | 25 October 1959 |
| Spouse | Dame Karen Pierce |
| Education | Stowe School |
| Alma mater | Trinity College, Cambridge Harvard University (MBA) |
Early life and career
editRoxburgh was born on 25 October 1959 and educated at Stowe School.[2] He obtained a degree in Classics from Trinity College, Cambridge.[3]
Roxburgh began his career at the accountancy firm Arthur Andersen & Co in its Management Consulting Division.[4] He graduated from Harvard Business School with a Master of Business Administration in 1986.[2][4]
Career
editRoxburgh worked at the management consulting firm McKinsey & Co for 26 years, including as a senior partner.[3] His roles at the firm included co-head of the global strategy practice, head of the UK financial institutions group and leader of the global corporate and investment banking practice. He worked in McKinsey & Co's New York City financial institutions practice for seven years. In 2009 he became the London-based director of the McKinsey Global Institute,[5] an in-house economics research unit.[4] In 2011 he was elected to McKinsey & Co's global board.[5]
Roxburgh joined HM Treasury in February 2013.[6] He was Director General of Financial Services at the Treasury from 2013. He sat on the Financial Stability Board and represented the Treasury on the Bank of England's Financial Policy Committee. On 4 July 2016 he was appointed Second Permanent Secretary of the Treasury, overseeing its growth, financial services and infrastructure agendas.[3] He worked on completing the Government's exit from its ownership of financial assets.[4] He was involved in Brexit, and COVID-19 emergency schemes such as the Covid Corporate Financing Facility.[7] He oversaw the creation of the UK Infrastructure Bank.[4]
In May 2022, The Sunday Times reported that Roxburgh would stand down as Second Permanent Secretary of the Treasury later in the year.[7] He was succeeded by Cat Little and Beth Russell.[8]
Personal life
editRoxburgh is married to the diplomat Dame Karen Pierce. They have two sons, born in 1991 and 1997.[9]
Honours
editRoxburgh was appointed Knight Commander of the Order of the Bath (KCB) in the 2022 Birthday Honours for services to Government.[10][11]
References
edit- ^ "UK Government Investments Annual Report and Accounts 2021-22". gov.uk. Retrieved 29 September 2022.
- ^ a b "ROXBURGH, Charles Fergusson". Who's Who. Vol. 2019 (online ed.). A & C Black. (Subscription or UK public library membership required.)
- ^ a b c Brecknell, Suzannah (4 July 2016). "Treasury appoints Charles Roxburgh as second permanent secretary". Civil Service World. Retrieved 17 February 2022.
- ^ a b c d e "The Queen's Birthday Honours 2022: High Awards". GOV.UK. 1 June 2022. Retrieved 2 June 2022.
- ^ a b "Charles Roxburgh". Bank of England. Retrieved 17 February 2022.
- ^ Dickson, Annabelle (14 February 2022). "Britain's political power couples — ranked". POLITICO. Retrieved 16 February 2022.
- ^ a b Treanor, Jill (15 May 2022). "Treasury's top bank mandarin Charles Roxburgh set to quit". The Sunday Times. Retrieved 2 June 2022.
- ^ "New Permanent Secretary Treasury Team Announced". GOV.UK. Retrieved 23 February 2024.
- ^ "Change of UK's Permanent Representative to the United Nations and World Trade Organisation in Geneva". GOV.UK. 5 August 2011. Retrieved 1 July 2012.
- ^ Hughes, David (2 June 2022). "The full Queen's Birthday Honours list for 2022 and what the different ranks mean". i. Retrieved 2 June 2022.
- ^ "No. 63714". The London Gazette (Supplement). 1 June 2022. p. B3.
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