Richard Meddings

Last updated

Richard Meddings
CBE
Born
Richard Henry Meddings [1]

1958 (age 6566) [2]
NationalityBritish
Education Exeter College, Oxford
OccupationBanker
Board member of Credit Suisse
Children3

Richard Henry Meddings, CBE (born 1958) is a British banker.

Contents

Early life

Meddings was educated at Wolverhampton Grammar School. [2] He earned a degree in modern history from Exeter College, Oxford. [2] [1]

Career

Meddings trained as a chartered accountant with Price Waterhouse. [2]

He then worked for Hill Samuel and BZW, before becoming FD of Woolwich plc in 1999. [3]

He was a board member of Standard Chartered for 11 years and its finance director for seven years. During this period he was named Blue Chip FD of the Year in the 2009 Accountancy Age Awards. [4] In January 2014 the bank "stunned the City" by announcing his resignation, albeit this did come after a period of high losses, a rights issue and a cancelled dividend for the bank [5] He said it was "totally my decision to leave". [5]

In February 2018, Meddings succeeded Will Samuel as chairman of TSB Bank. [6] Following the resignation of CEO Paul Pester in September 2018 following an IT failure, Meddings, then non-executive chairman, became executive chairman until a new CEO could be found. [7]

Meddings was a non-executive board member of HM Treasury for over seven years until December 2021. [8] In January 2022 he was appointed as chair of NHS England for a four-year term. [9]

In 2020 he took on board committee roles at Credit Suisse. [3]

Meddings was appointed Commander of the Order of the British Empire (CBE) in the 2022 New Year Honours for services to the financial sector. [10]

Personal life

Meddings is married with three children, enjoys golf, cricket and football, and supports Wolverhampton Wanderers. [2]

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References

  1. 1 2 "Executive Profile: Richard Henry Meddings". Bloomberg LP. Retrieved 4 September 2018.
  2. 1 2 3 4 5 "Richard Meddings: Goal is sight for banker on the run". independent.co.uk. 22 October 2011. Retrieved 4 September 2018.
  3. 1 2 "Richard Meddings".
  4. The judges said: “Not only has he played a great part in leading the bank from the front, but he has put his personal reputation on the line in advising government on how to handle thecrisis.” https://www.accountancyage.com/2009/11/19/accountancy-age-awards-meddings-wins-blue-chip-fd-accolade/amp/
  5. 1 2 Treanor, Jill (9 January 2014). "Standard Chartered: shock departure of finance director Richard Meddings". The Guardian. Retrieved 4 September 2018.
  6. "Current article". www.tsb.co.uk. Retrieved 4 September 2018.
  7. Monaghan, Angela (4 September 2018). "TSB chief Paul Pester steps down after IT meltdown". The Guardian. Retrieved 4 September 2018.
  8. "Richard Meddings - GOV.UK". www.gov.uk. Retrieved 4 September 2018.
  9. "Richard Meddings CBE confirmed as new chair of NHS England". www.gov.uk. Retrieved 31 January 2022.
  10. "No. 63571". The London Gazette (Supplement). 1 January 2022. p. N9.