LSE is delighted to announce that its Court of Governors has approved a recommendation that Lord Myners be appointed as the School's next Chair of the Court of Governors and of the Council, in succession to Peter Sutherland.
Paul Myners has had a career of great distinction in business and public service. He worked in the financial sector from 1974, initially at N & M Rothschild & Sons Ltd, then at Gartmore plc until 2001. From 2004 to 2008 he chaired the Tate, presiding over a period of considerable development in both the collection and the fabric of the galleries themselves. He was the Chair of Marks and Spencer from 2004-06. Other past chairmanships include the Guardian Media Group, Land Securities and the Low Pay Commission. He was also a member of the Court of the Bank of England from 2004-2008. These chairmanships were relinquished when he was appointed Financial Services Secretary at HM Treasury in October 2008 and created a Life Peer. Paul Myners sits in the House of Lords as a non-aligned peer. He is a Visiting Fellow of Nuffield College Oxford and an Executive Fellow of London Business School.
Peter Sutherland has served as Chairman since 2008. His term of office has seen rapid and profound changes in the higher education sector and at the School. Throughout, Mr Sutherland has brought outstanding wisdom and leadership of the highest quality to the School's Court and Council. LSE is deeply grateful to him for the support and stability he has provided during a period of significant challenge and transformation.
Lord Myners' appointment will take effect on 1 February 2015.