Press release

Treasury appoints new Director General Financial Services

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Charles Roxburgh has been appointed Director General, Financial Services at HM Treasury.

Charles Roxburgh has been appointed Director General, Financial Services at HM Treasury. He will have responsibility in the Treasury for all issues relating to financial services, the financial system and financial stability.

Mr Roxburgh is currently a senior partner at McKinsey & Company where he specialises in serving financial institutions and is also the co-head of the McKinsey Global Institute. He is a member of McKinsey’s Shareholders’ Council, the firm’s global board.

He replaces Jonathan Taylor, who has been appointed as Vice-President, European Investment Bank (EIB).

The appointment will begin in early February 2013.

Notes for Editors

  1. The appointment follows an external competition.

  2. The Prime Minister made the appointment on the recommendation of the Civil Service Commissioner and with the approval of the Chancellor.

  3. Mr Roxburgh has held a number of roles at McKinsey & Company since joining in 1986. He was co-head, Global Corporate and Institutional Banking (2005-2009); Head of UK Financial Institutions Group (2003-2006); and Co-Head, Global Strategy Practice (1999-2003). Prior to joining McKinsey & Company, he was a consultant at Arthur Andersen and Co. He was educated at Cambridge and Harvard Universities.