Lord Adair Turner

Chairman, Institute for New Economic Thinking, London

Lord Turner has been Chair of the Institute for New Economic Thinking since 2015 and of the Energy Transitions Commission since 2016. He is also Chairman of Chubb Europe, the world’s largest property and casualty insurer, and a non executive director of Prudential plc.

From September 2008 until 2013, Lord Turner chaired the UK’s Financial Services Authority, and played a leading role in the post crisis redesign of global banking and shadow banking regulation as Chair of the International Financial Stability Board’s major policy committee.

Lord Turner’s career has spanned business, public policy and academia. He was at McKinsey&Co (1982-1995); was Director General of the Confederation of British Industry (1995-2000); Vice-Chairman of Merrill Lynch Europe (2000-2006) and a Non-Executive Director of a number of companies, including Standard Chartered plc (2006-2008). He chaired the UK Low Pay Commission from 2002-06; the Pensions Commision (2003-2006) ; and was the first chair of the UK Climate Change Committee from 2008-12. He became a cross bench member of the House of Lords in 2006.

He is Senior Fellow at the Centre for Financial Studies (Frankfurt); a visiting professor at the London School of Economics and at Cass Business School; a Visiting Fellow at the People’s Bank of China School of Finance, Tsinghua University (Beijing ) . He writes regularly for Project Syndicate, and has recently published Between Debt and the Devel (Princeton 2015) translated into Chinese, Japanese, French and Portuguese, and Economics after the Crisis (MIT 2012 also translated to Chinese.

He is an honorary fellow of The Royal Society, of the Royal College of Physicians, and received an Honorary Degree from the Cambridge University in 2017.