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September 2016

LSE appoints Economics alumna Dame Minouche Shafik as its new Director from September 2017

photograph of Nemat Shafik (copyright: DFID - UK Department for International Development)Minouche Shafik (pictured, source: DFID-UK Department for International Development), one of the Bank of England's deputy governors and an alumna of the Department (MSc in Economics),  will become the School's new Director from 1 September 2017.

She is the first woman to be appointed to the position on a permanent basis and LSE’s 16th Director overall.

She is currently Deputy Governor of the Bank of England where she is a member of the Monetary Policy Committee, the Financial Policy Committee, and the Board of the Prudential Regulation Authority.             

Previously she served as Deputy Managing Director of the International Monetary Fund, Permanent Secretary of the Department for International Development, and Vice-President of the World Bank. She has taught at the Wharton Business School and Georgetown University and published on a wide array of topics in economics and international development.         

Minouche held academic appointments at the Wharton Business School of the University of Pennsylvania and the Economics Department at Georgetown University. She has a BA in Economics and Politics from the University of Massachusetts-Amherst, an MSc in Economics from the London School of Economics and a DPhil in Economics from St. Antony's College, Oxford University. She has published a number of books and articles on a wide variety of economic topics.  

Minouche Shafik says, “I am thrilled to be given the opportunity to lead the LSE.  The School’s long tradition of bringing the best of social science research and teaching to bear on the problems of the day is needed now more than ever. LSE is a unique institution that combines intellectual excellence and global reach. I am looking forward to working with both staff and students to guide it through what will be a time of challenge and opportunity in the higher education sector.”

For more information, please visit the LSE News and Media pages.

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The Department welcomes Professor Stephen Machin

photograph of Stephen MachinProfessor Stephen Machin (pictured left) joins the department as Professor of Economics. He will also be the new Director of the Centre for Economic Performance at the LSE.

Professor Machin has been Researcher Director at the CEP since 20013 and Professor of Economics at University College London since 1996. He is  one  of  the  world’s  leading  economists in fields as diverse as education, labour, inequality, crime and firm performance. He is a Fellow of the British Academy and of the Society for Labour Economics.

For further information please see the CEP Press Release.

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