Charles Roxburgh

Sir
Charles Roxburgh
KCB
Roxburgh in 2016
Second Permanent Secretary of
HM Treasury
In office
4 July 2016 – 30 June 2022
Prime MinisterDavid Cameron
Theresa May
Boris Johnson
ChancellorGeorge Osborne
Philip Hammond
Sajid Javid
Rishi Sunak
Preceded byJohn Kingman
Personal details
Born (1959-10-25) 25 October 1959
SpouseDame Karen Pierce
EducationStowe School
Alma materTrinity College, Cambridge
Harvard University (MBA)

Sir Charles Fergusson Roxburgh (born 25 October 1959) is Chair of Lloyd’s of London[1] and a former British civil servant who was Second Permanent Secretary of HM Treasury from 2016 to 2022.[2]

Early life and career

Roxburgh was born on 25 October 1959 in London and educated at Stowe School.[3] He obtained a degree in Classics from Trinity College, Cambridge.[4] He graduated from Harvard Business School with a Master of Business Administration in 1986.[3][5]

Roxburgh began his career at accountancy firm Arthur Andersen & Co in its Management Information Consulting Division.[5]

Career

Roxburgh worked at management consulting firm McKinsey & Co for 26 years, including as a senior partner.[4] His roles included co-head of McKinsey's global strategy practice, head of the UK financial institutions group and co-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,[6] an in-house economics research unit.[5] In 2011 he was elected to McKinsey & Co's global board.[6]

Roxburgh joined HM Treasury in February 2013.[7] 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.[4] He worked on completing the Government's exit from its ownership of financial assets.[5] He was involved in Brexit, and COVID-19 emergency schemes such as the Covid Corporate Financing Facility.[8] He oversaw the creation of the UK Infrastructure Bank.[5]

Roxburgh stood down as Second Permanent Secretary of the Treasury in 2022.[8] He was succeeded by Cat Little and Beth Russell.[9]

Roxburgh joined Lloyd’s of London as Chair on 1 May 2025, succeeding Bruce Carnegie-Brown.[10] He is also a non-executive board member of law firm Herbert Smith Freehill,[11] and a non-executive director of Shell.[12] Roxburgh served as non-executive Chairman of Legal & General America from March 2023 to February 2025.[13][14]

Personal life

Roxburgh is married to diplomat Dame Karen Pierce. They have two sons, born in 1991 and 1997.[15]

Honours

Roxburgh was appointed Knight Commander of the Order of the Bath (KCB) in the 2022 Birthday Honours for services to Government.[16][17]

References

  1. ^ "Sir Charles Roxburgh KCB". Lloyd's. 30 April 2025.
  2. ^ "UK Government Investments Annual Report and Accounts 2021-22". gov.uk. Retrieved 29 September 2022.
  3. ^ a b "ROXBURGH, Charles Fergusson". Who's Who. Vol. 2019 (online ed.). A & C Black. (Subscription or UK public library membership required.)
  4. ^ a b c Brecknell, Suzannah (4 July 2016). "Treasury appoints Charles Roxburgh as second permanent secretary". Civil Service World. Retrieved 17 February 2022.
  5. ^ a b c d e "The Queen's Birthday Honours 2022: High Awards". GOV.UK. 1 June 2022. Retrieved 2 June 2022.
  6. ^ a b "Charles Roxburgh". Bank of England. Retrieved 17 February 2022.
  7. ^ Dickson, Annabelle (14 February 2022). "Britain's political power couples — ranked". POLITICO. Retrieved 16 February 2022.
  8. ^ a b Treanor, Jill (15 May 2022). "Treasury's top bank mandarin Charles Roxburgh set to quit". The Sunday Times. Retrieved 2 June 2022.
  9. ^ "New Permanent Secretary Treasury Team Announced". GOV.UK. Retrieved 23 February 2024.
  10. ^ "Sir Charles Roxburgh KCB confirmed as next Chair of Lloyd's". Lloyd's. 19 September 2024.
  11. ^ "Sir Charles Roxburgh". Herbert Smith Freehills. Retrieved 30 April 2025.
  12. ^ "Sir Charles Roxburgh". Shell. Retrieved 30 April 2025.
  13. ^ "Sir Charles Roxburgh to Chair Legal & General America". Legal & General. Retrieved 30 April 2025.
  14. ^ "Carolyn Johnson to take over from Sir Charles Roxburgh as Chair of Legal & General America". Legal & General. Retrieved 30 April 2025.
  15. ^ "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.
  16. ^ 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.
  17. ^ "No. 63714". The London Gazette (Supplement). 1 June 2022. p. B3.


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