John had a long Whitehall career; as Second Permanent Secretary to HM Treasury, he had responsibility for the Treasury’s economics ministry functions and for policy relating to business, financial services and infrastructure. He was closely involved in the UK response to the financial crisis, handling the resolution of Northern Rock and leading negotiations with RBS, Lloyds and HBOS on their £37bn recapitalisation; he was the first Chief Executive of UK Financial Investments Ltd (UKFI); and from 2010-12, John was Global Co-Head of the Financial Institutions Group at Rothschild. From 2016-21 he was the first Chair of UK Research & Innovation, which oversees Government science funding of c£8bn a year.
John is Chair of Barclays Bank UK, the ring-fenced retail bank of Barclays PLC, and a member of the Barclays main board. He is also Deputy Chair of the National Gallery.
Nominations and Corporate Governance Committee (Chair)