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]
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