Senior business leaders bolster Treasury board
Chancellor bolsters business expertise at the Treasury with three new appointments to the Board of Directors.
- Former chairman of John Lewis, Sir Charlie Mayfield, experienced banker and regeneration entrepreneur Edward Twiddy and economics communications specialist Jenny Scott appointed as non-executive directors.
- Trio will oversee the Treasury’s work and offer challenge and advice to the Department to support decision making.
Three experienced business leaders from retail, tech and communications have been appointed to the Board of Directors at the Treasury by the Chancellor Rachel Reeves.
Former Chairman of John Lewis Sir Charlie Mayfield will play a lead role on the Treasury’s Board of Directors alongside banking and regeneration entrepreneur Edward Twiddy and economics communications specialist Jenny Scott.
They will use their business expertise and experience to help the Treasury run as efficiently as possible, ensuring it effectively supports economic growth, the government’s number one mission.
All of the appointees will commence their terms on 1 September 2025, each serving an initial three-year term.
Chancellor of the Exchequer, Rachel Reeves said:
I’m really pleased to welcome Sir Charlie Mayfield, Edward Twiddy and Jenny Scott to the board, as we build on our partnership working with business. Between them, they bring a huge amount of experience and fresh thinking. Their insights will be invaluable as we focus on growing the economy to deliver for working people as part of our Plan for Change.
Sir Charlie Mayfield is an experienced Chair and business executive as the former Chairman of John Lewis Partnership. Sir Charlie has over 20 years’ experience in the private sector and 7 years within the public sector as Chair to the UK Commission for Employment and Skills. He brings extensive leadership skills including a strong track record in change management, both in developing talent and capability, and in driving technology-led transformation.
Edward Twiddy is Chair of Northstar Ventures, a Newcastle-based venture capital firm. He also co-founded the leading fintech start up, Atom Bank back in 2014 when the technology was in its infancy after spending 13 years as an official at the Treasury. Edward has extensive leadership experience in both executive and non-executive roles, with a strong focus on enterprise and innovation.
Jenny Scott co-founded and owns strategic communications advisory firm Apella Advisors. Jenny previously held senior communications posts at the Bank of England, shaping and guiding communications across all policy areas during the financial crisis and the Brexit referendum. Before joining the Bank, Jenny was the Economics Correspondent at the BBC and went on to present BBC2’s ‘The Daily Politics’ with Andrew Neil.
About the appointment process
Sir Charlie Mayfield, Edward Twiddy and Jenny Scott have been appointed by the Chancellor following a fair and open recruitment process run by HM Treasury.
The Treasury is committed to appointing a diverse range of people to public appointments and continues to take active steps to attract the broadest range of suitable applicants for posts.