Charles Roxburgh
{{Short description|British civil servant (born 1959)}}
{{Use dmy dates|date=April 2022}}
{{Infobox officeholder
| honorific_prefix = Sir
| name = Charles Roxburgh
| honorific_suffix = {{post-nominals|country=GBR|size=100%|KCB}}
| image = File:Charles Roxburgh.jpg
| caption = Roxburgh in 2016
| office = Second Permanent Secretary of
HM Treasury
| term_start = 4 July 2016
| term_end = 30 June 2022
| primeminister = David Cameron
Theresa May
Boris Johnson
| chancellor = George Osborne
Philip Hammond
Sajid Javid
Rishi Sunak
| predecessor = John Kingman
| birth_date = {{birth date and age|1959|10|25|df=y}}
| spouse = Dame Karen Pierce
| education = Stowe School
| alma_mater = Trinity College, Cambridge
Harvard University (MBA)
}}
Sir Charles Fergusson Roxburgh (born 25 October 1959) is Chair of Lloyd’s of London{{Cite web |date=30 April 2025 |title=Sir Charles Roxburgh KCB |url=https://www.lloyds.com/about-lloyds/the-corporation/governance-structure/bios/sir-charles-roxburgh |website=Lloyd's}} and a former British civil servant who was Second Permanent Secretary of HM Treasury from 2016 to 2022.{{cite web |title=UK Government Investments Annual Report and Accounts 2021-22 |url=https://www.gov.uk/government/publications/uk-government-investments-annual-report-and-accounts-2021-22/uk-government-investments-annual-report-and-accounts-2021-22 |website=gov.uk |access-date=29 September 2022}}
Early life and career
Roxburgh was born on 25 October 1959 in London and educated at Stowe School.{{Who's Who | title=ROXBURGH, Charles Fergusson | id = U258075 | volume = 2019 | edition = online}} He obtained a degree in Classics from Trinity College, Cambridge.{{cite news |last1=Brecknell |first1=Suzannah |title=Treasury appoints Charles Roxburgh as second permanent secretary |url=https://www.civilserviceworld.com/professions/article/treasury-appoints-charles-roxburgh-as-second-permanent-secretary |access-date=17 February 2022 |work=Civil Service World |date=4 July 2016}} He graduated from Harvard Business School with a Master of Business Administration in 1986.
Roxburgh began his career at accountancy firm Arthur Andersen & Co in its Management Information Consulting Division.{{cite web |title=The Queen's Birthday Honours 2022: High Awards |url=https://www.gov.uk/government/publications/the-queens-birthday-honours-2022-high-awards/the-queens-birthday-honours-2022-high-awards |access-date=2 June 2022 |work=GOV.UK |date=1 June 2022}}
Career
Roxburgh worked at management consulting firm McKinsey & Co for 26 years, including as a senior partner. 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,{{cite web|title=Charles Roxburgh |url=https://www.bankofengland.co.uk/about/people/charles-roxburgh/biography |access-date=17 February 2022 |work=Bank of England}} an in-house economics research unit. In 2011 he was elected to McKinsey & Co's global board.
Roxburgh joined HM Treasury in February 2013.{{cite web |last1=Dickson |first1=Annabelle |title=Britain's political power couples — ranked |url=https://www.politico.eu/article/britain-political-power-couples-ranked-valentines-day/ |access-date=16 February 2022 |work=POLITICO |date=14 February 2022}} 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. He worked on completing the Government's exit from its ownership of financial assets. He was involved in Brexit, and COVID-19 emergency schemes such as the Covid Corporate Financing Facility.{{cite news |last1=Treanor |first1=Jill |title=Treasury's top bank mandarin Charles Roxburgh set to quit |url=https://www.thetimes.com/business-money/economics/article/treasurys-top-bank-mandarin-charles-roxburgh-set-to-quit-z9d9p9lgf |access-date=2 June 2022 |work=The Sunday Times |date=15 May 2022}} He oversaw the creation of the UK Infrastructure Bank.
Roxburgh stood down as Second Permanent Secretary of the Treasury in 2022. He was succeeded by Cat Little and Beth Russell.{{Cite web |title=New Permanent Secretary Treasury Team Announced |url=https://www.gov.uk/government/news/new-permanent-secretary-treasury-team-announced |access-date=2024-02-23 |website=GOV.UK |language=en}}
Roxburgh joined Lloyd’s of London as Chair on 1 May 2025, succeeding Bruce Carnegie-Brown.{{Cite web |date=19 September 2024 |title=Sir Charles Roxburgh KCB confirmed as next Chair of Lloyd’s |url=https://www.lloyds.com/about-lloyds/media-centre/press-releases/sir-charles-roxburgh-kcb-confirmed-as-next-chair-of-lloyds |website=Lloyd's}} He is also a non-executive board member of law firm Herbert Smith Freehill,{{Cite web |title=Sir Charles Roxburgh |url=https://www.herbertsmithfreehills.com/our-people/s/sir-charles-roxburgh |access-date=30 April 2025 |website=Herbert Smith Freehills}} and a non-executive director of Shell.{{Cite web |title=Sir Charles Roxburgh |url=https://www.shell.com/who-we-are/leadership/board-of-directors/sir-charles-roxburgh |access-date=30 April 2025 |website=Shell}} Roxburgh served as non-executive Chairman of Legal & General America from March 2023 to February 2025.{{Cite web |title=Sir Charles Roxburgh to Chair Legal & General America |url=https://www.lgra.com/knowledge-center/press-releases/sir-charles-roxburgh-to-chair-legal-general-americ |access-date=30 April 2025 |website=Legal & General}}{{Cite web |title=Carolyn Johnson to take over from Sir Charles Roxburgh as Chair of Legal & General America |url=https://group.legalandgeneral.com/en/newsroom/press-releases/carolyn-johnson-to-take-over-from-sir-charles-roxburgh-as-chair-of-legal-general-america |access-date=30 April 2025 |website=Legal & General}}
Personal life
Roxburgh is married to diplomat Dame Karen Pierce. They have two sons, born in 1991 and 1997.{{cite web|title=Change of UK's Permanent Representative to the United Nations and World Trade Organisation in Geneva|url=http://www.fco.gov.uk/en/news/latest-news/?view=PressR&id=640193382|work=GOV.UK|accessdate=1 July 2012|date=5 August 2011}}
Honours
Roxburgh was appointed Knight Commander of the Order of the Bath (KCB) in the 2022 Birthday Honours for services to Government.{{cite news |title=The full Queen's Birthday Honours list for 2022 and what the different ranks mean |url=https://inews.co.uk/news/queens-birthday-honours-list-2022-full-who-mbe-obe-cbe-knighthood-damehood-1663500 |work=i |last=Hughes |first=David |date=2 June 2022 |access-date=2 June 2022}}{{London Gazette|issue=63714|supp=y|page=B3|date=1 June 2022}}
References
{{reflist}}
{{s-start}}
{{s-gov}}
{{s-bef
| before = John Kingman
| rows = 2
}}
{{s-ttl
| title = Second Permanent Secretary of
HM Treasury
| years = 2016–2022
| rows = 2
}}
{{s-aft | after = Cat Little}}
{{s-aft | after = Beth Russell}}
{{s-end}}
{{DEFAULTSORT:Roxburgh, Charles}}
Category:British business executives
Category:People educated at Stowe School
Category:Harvard Business School alumni
Category:Alumni of Trinity College, Cambridge
Category:Second Permanent Secretaries of HM Treasury
Category:Knights Commander of the Order of the Bath
{{UK-gov-bio-stub}}