Dave Ramsden

Last updated

Niccola Shearman
(after 1993)
Sir David Ramsden
CBE
Dave Ramsden.jpg
Deputy Governor of the Bank of England for Markets and Banking
Assumed office
2017
Children2
Alma mater Brasenose College, Oxford (BA)
London School of Economics (MSc)

Sir David Edward John Ramsden CBE [1] (born 9 February 1964) is a British economist and has been Deputy Governor for Markets and Banking at the Bank of England since 4 September 2017. He was previously Chief Economic Adviser to HM Treasury and Head of the Government Economic Service, having previously served as Joint Head of the Service with Vicky Pryce, formerly Chief Economic Adviser and Director-General at the Department for Business, Innovation and Skills. [2]

Contents

Early life

Ramsden was born on 9 February 1964 and is the son of William Ramsden, OBE and of Elizabeth Ramsden (now Thompson). [3]

He was educated at Brasenose College, Oxford and graduated from the London School of Economics with an MSc Economics in 1990 and married his wife, Dr. Niccola Shearman, in 1993. [3] Niccola, a graduate of Oxford University, the UCL Institute of Education, and the Courtauld Institute of Art, is an academic lecturer. [4]

Career

Ramsden joined the Civil Service in 1986 before joining the Treasury in 1988. He has worked on a wide range of economic policy issues, including monetary policy, fiscal and tax policy, the public finances, the business sector and labour markets.

Between 1999 and 2003, Ramsden led the Treasury's work on whether the UK should join the Euro. He worked on tax administration and policy issues from 2003 until 2006.

In June 2007, Ramsden joined the Treasury Board and in 2008 he was appointed Chief Economic Adviser. He became Joint Head of the Government Economic Service, the largest single recruiter of economists in the UK, from 2007; sole Head in 2010. In January 2013 he became Chair of the Treasury’s Diversity Board.

Ramsden is a trustee of Pro-Bono Economics, a charity whose aim is to broker economists into the charitable sector to help on short and medium-term assignments, typically addressing questions around measurement, results and impact. He is also President of the Society of Professional Economists.

In 2015 he also became a Visiting Professor at King's College London. [5]

In 2017 he was appointed Deputy Governor for Markets and Banking at the Bank of England.

In 2019 he was appointed President of the Money Macro and Finance Society, succeeding Charles Goodhart.

Honours and awards

For his work on whether the UK should join the Euro, he was appointed CBE. He was knighted in the 2015 New Year Honours for services to economic policy making. [6] [7]

Related Research Articles

<span class="mw-page-title-main">Mervyn King, Baron King of Lothbury</span> British economist (born 1948)

Mervyn Allister King, Baron King of Lothbury is a British economist and public servant who served as the Governor of the Bank of England from 2003 to 2013. He is a School Professor of Economics at the London School of Economics. He is also the Chairman of the Philharmonia.

<span class="mw-page-title-main">Charlie Bean (economist)</span> British economist

Sir Charles Richard Bean is a British economist and Professor of Economics at the London School of Economics. He was previously Deputy Governor for Monetary Policy at the Bank of England from 1 July 2008 until 30 June 2014. From 2000 to 2008, he served as Chief Economist at the Bank.

David Kenneth Miles is a British economist. Born in Swansea, he has spent his working life in London, in teaching, business and the public sector. He is a professor at Imperial College London, and was Chief UK Economist of Morgan Stanley bank from October 2004 to May 2009. He was appointed to the Bank of England's interest-rate-setting Monetary Policy Committee (MPC) from 1 June 2009 to June 2012 and again from June 2012 to 31 August 2015, before being replaced by Gertjan Vlieghe. According to the Bank of England, "As an economist he has focused on the interaction between financial markets and the wider economy.". In December 2020 he was appointed to the main board of the central Bank of Ireland. He was appointed to the Budget Responsibility Committee of the Office for Budget Responsibility (OBR) in December 2021. He took up that role in January 2022.

<span class="mw-page-title-main">Alan Budd</span> British economist (1937–2023)

Sir Alan Peter Budd was a British economist, who was a founding member of the Bank of England's Monetary Policy Committee (MPC) in 1997.

<span class="mw-page-title-main">Gus O'Donnell</span> Former British senior civil servant and economist

Augustine Thomas O'Donnell, Baron O'Donnell, is a former British senior civil servant and economist, who between 2005 and 2011 served as the Cabinet Secretary, the highest official in the British Civil Service.

<span class="mw-page-title-main">Patrick Minford</span> British macroeconomist (born 1943)

Anthony Patrick Leslie Minford is a British macroeconomist who is professor of applied economics at Cardiff Business School, Cardiff University, a position he has held since 1997. He was Edward Gonner Professor of Applied Economics at the University of Liverpool from 1976 to 1997. In 2016, Minford was a notable member of the Economists for Brexit group which, in opposition to the consensus view of economists, advocated the UK leaving the European Union and claimed large economic benefits, which did not occur.

<span class="mw-page-title-main">Charles Goodhart</span> British economist

Charles Albert Eric Goodhart, is a British economist. His career can be divided into two sections: his term with the Bank of England and its associated public policy; and his academic work with the London School of Economics. Charles Goodhart's work focuses on central bank governance practices and monetary frameworks. He also conducted academic research into foreign exchange markets. He is best known for formulating Goodhart's Law, which states: "When a measure becomes a target, it ceases to be a good measure."

<span class="mw-page-title-main">Kate Barker</span> British economist

Dame Katharine Mary Barker is a British economist. She is principally noted for her role at the Bank of England and for advising the British government on social issues such as housing and health care.

<span class="mw-page-title-main">Marian Bell (economist)</span>

Marian Patricia Bell, CBE is a British consultant economist, and was a member of the Bank of England's Monetary Policy Committee from June 2002 to June 2005.

The Government Economic Service (GES) is a professional grouping of public sector economists who work across some 40 departments and agencies of His Majesty's Government (HMG). The GES Board is chaired by the Head of the GES and consists of government chief economists and directors of analysis. GES was founded in 1964 by Sir Alec Cairncross. The GES recruits economists on behalf of the departments and is the largest recruiter of economists in the UK.

<span class="mw-page-title-main">Tim Besley</span> British academic economist

Sir Timothy John Besley, is a British academic economist who is the School Professor of Economics and Political Science and Sir W. Arthur Lewis Professor of Development Economics at the London School of Economics (LSE).

<span class="mw-page-title-main">Andrew Sentance</span>

Andrew SentanceCBE is a British business economist. He is currently Senior Adviser to Cambridge Econometrics. From November 2011 until October 2018, he was Senior Economic Adviser to PwC. He was an external member of the Monetary Policy Committee of the Bank of England from October 2006 to May 2011.

<span class="mw-page-title-main">Howard Davies (economist)</span> British economist and author

Sir Howard John Davies is a British historian and author, who is the chairman of NatWest Group and the former director of the London School of Economics.

Ruth Jane Lea, Baroness Lea of Lymm, is a British parliamentarian and pro-Brexit political economist.

Sir Paul Tucker is a British economist, central banker, and author. He was formerly the Deputy Governor of the Bank of England, with responsibility for financial stability, and served on the Bank's Monetary Policy Committee from June 2002 until October 2013 and its interim and then full Financial Policy Committee from June 2011. In November 2012 he was turned down for the position of governor in favour of Mark Carney. In June 2013, Tucker announced that he would leave the Bank of England, and later that he would be moving to Harvard. He was knighted in the 2014 New Year Honours for services to central banking. His first book, Unelected Power, was published in May 2018 and his second book, Global Discord was published in November 2022.

Peter James Niven Sinclair was a British economist. He was Professor, and subsequently Emeritus Professor, in Economics at the University of Birmingham. Previously, he had been a fellow and tutor at Brasenose College, Oxford.

<span class="mw-page-title-main">Anton Muscatelli</span> Scottish economist

Sir Vito Antonio Muscatelli is the Principal of the University of Glasgow and one of the United Kingdom's top economists.

<span class="mw-page-title-main">Mario Blejer</span>

Mario J. Blejer is an Argentine economist and a former president of the Central Bank of Argentina.

<span class="mw-page-title-main">Edward Ronald Walker</span> Australian diplomat and economist (1907–1988)

Sir Edward Ronald Walker was an Australian diplomat and economist who served as Australia's Permanent Representative to the United Nations and Ambassador to Germany, Japan, and France.

References

  1. "No. 57155". The London Gazette (1st supplement). 31 December 2003. p. 8.
  2. Who's Who 2010: RAMSDEN, David Edward John. Who's Who. A & C Black, Oxford University Press. 2010. ISBN   978-0-19-957215-1 . Retrieved 14 March 2010.
  3. 1 2 WHO'S WHO & WHO WAS WHO. Ramsden, Sir David Edward John, (born 9 Feb. 1964), Deputy Governor for Markets and Banking, Member of Monetary Policy Committee, Financial Policy Committee and Prudential Regulation Committee, Bank of England, since 2017. Oxford University Press. doi:10.1093/ww/9780199540884.013.U59555.
  4. "Niccola Shearman". courtauld.ac.uk. The Courtauld Institute of Art. Archived from the original on 18 October 2019. Retrieved 18 October 2019.
  5. "King's College London – Sir David Ramsden Appointed Visiting Professor". www.kcl.ac.uk.
  6. "No. 61092". The London Gazette (Supplement). 31 December 2014. p. N2.
  7. "2015 New Year Honours List" (PDF).
Government offices
Preceded by
New position
Director General, Economics & Fiscal Groups, Chief Economic Adviser to the Treasury
HM Treasury

2010-
Succeeded by
Incumbent
Government offices
Preceded by
New position
Managing Director, Macroeconomic and Fiscal Policy
HM Treasury

2007-2010
Succeeded by
Incumbent
Preceded by Head of the Government Economic Service
jointly with Vicky Pryce until June 2010
2007-
Succeeded by
Incumbent