Sir Charles Roxburgh, KCB
Board of Governors Member since 2020
Sir Charles Roxburgh is a non-executive director of Shell PLC and the Chair of Legal and General America. Until June 2022, he was the Second Permanent Secretary at Her Majesty’s Treasury. He took up this position in July 2016 and stepped down in June 2022. In this role, he was responsible, at the Treasury, for all issues relating to growth, productivity, infrastructure, financial services and financial stability.
He was also a member of the Executive Management Board at the Treasury. Charles represents HM Treasury on the Bank of England’s Financial Policy Committee, and on the board of UK Government Investments Limited.
Prior to joining HM Treasury in 2013, Charles spent 26 years at McKinsey & Company. In his consulting work, he focused primarily on serving clients in the financial services sector. He was based in London for most of his career, but also spent seven years working in McKinsey’s New York Financial Institutions practice. His client work spanned retail banking, corporate and investment banking, insurance, and asset management.
He held a number of leadership positions at McKinsey, including: co-head of the Global Strategy Practice; head of the UK Financial Institutions Group; and leader of the Global Corporate and Investment Banking Practice. In 2009, he became the London-based Director of the McKinsey Global Institute (MGI). At MGI, he led research into global capital markets, the impact of deleveraging on economic growth as well as a number of research projects into growth at the country and regional level. In 2011, he was elected to the global board of McKinsey & Company.
He was educated at Cambridge University, where he read Classics. He holds an MBA from the Harvard Business School. Charles Roxburgh is the spouse of Dame Karen Pierce, the British Ambassador to the United States who was appointed in February 2020. He was appointed Knight Commander of the Order of the Bath (KCB) in the 2022 Birthday Honours for services to Government.