Director of Regulation and Economics

Matthew Rees

Matthew Rees

Contents

Biography

Matthew was appointed Director of Analysis and Reporting in March 2016.

Matthew began his career at KPMG audit, qualified as a Chartered Accountant and then specialised in business valuations. He moved to investment banking, working for the technology, media and telecom teams of Merrill Lynch, Deutsche Bank and JPMorgan. In his public sector career Matthew advised the UK Competition Commission in relation to merger and market investigations, economic regulation cases, and divestiture remedies. He joined the National Audit Office in 2014 and established a new corporate finance team focusing on value for money reviews of privatisations, asset sales and infrastructure financing.

Previous roles include:

  • Director of Corporate Finance, National Audit Office
  • Financial and Business Adviser, Competition Commission (UK)
  • Executive Director, Investment Banking, JPMorgan Chase
  • Vice President, Investment Banking, Deutsche Bank
  • Vice President, Technology Investment Banking, Merrill Lynch
  • Manager, Corporate Finance & Assistant Manager, Public Sector Audit, Infrastructure & Government, KPMG

Director of Regulation and Economics

The SSRO Director of Regulation and Economics is responsible for:

  • Profit rate methodology and calculation
  • Production of the profit rate assessment guidance (including 6 steps)
  • Analysis of evidence and data
  • VFM studies and briefings
  • On request analysis from the Secretary of State
  • Defined Pricing Structure
  • Management of Defence Contract Analysis and Reporting System