Introducing the panel

The Monetary Policy Forum Panel draws on a wealth of real world experience of policy setting, and includes a number of former Bank of England Monetary Policy Committee members. Panel members vary from forum to forum, but have so far included:

Prof. Willem H. Buiter CBE

Professor Willem Buiter CBE has taught at Princeton University, the University of Bristol, the London School of Economics, Yale University and Cambridge University. He was an external member of the monetary policy committee of the Bank of England from 1997 until 2000. Subsequently, he was Chief Economist and Special Counsellor to the President of the European Bank for Reconstruction and Development. He has been an advisor to and consultant for the International Monetary Fund, the World Bank, the InterAmerican Development Bank, the European Commission and a number of national governments and private financial enterprises. 

Sir John Gieve KCB

Sir John Gieve is the Chairman of VocaLink, which is the main provider of payment systems in the UK, and Senior Adviser to GLG. He was Deputy Governor of the Bank of England from January 2006 until February 2009 where he was a member of the Monetary Policy Committee. He was also a member of the Board of the Financial Services Authority, and of the Financial Stability Board, which has led on the international response to the financial crisis under the G20. From 2001 to the end of 2005, he was the Permanent Secretary of the Home Office. Before that, he spent twenty years at the UK Treasury, where he was private secretary to three Chancellors – Lawson, Major, and Lamont – and rose to head the Budget and Public Services directorates.

Prof. Charles Goodhart CBE, FBA

Professor Charles Goodhart CBE, FBA is now the Norman Sosnow Professor of Banking and Finance at the London School of Economics. Before joining the London School of Economics in 1985, he worked at the Bank of England for seventeen years as a monetary adviser, becoming a Chief Adviser in 1980. During 1986, Prof. Goodhart helped to found, with Prof. Mervyn King, the Financial Markets Group at the London School of Economics, which began its operation at the start of 1987. In 1997, he was appointed one of the outside independent members of the Bank of England’s new Monetary Policy Committee, a post he held until May 2000.

Dr. DeAnne Julius CBE

Dr. DeAnne Julius CBE is a special advisor to Fathom Financial Consulting, chairman of Chatham House and a non-executive director of BP and Roche. She also serves on the advisory boards of UK and US hedge funds, is Vice President of the Society of Business Economists and is currently leading a Review of the Public Services Industry for the UK Department of Business, Enterprise and Regulatory Reform. From 1997-2001 Dr Julius was a founder member of the Monetary Policy Committee of the Bank of England.  From 2001-2004 she served on the Court of the Bank.

Rachel Lomax

Rachel Lomax is a British economist who served as Deputy Governor of the Bank of England from 2003 until 2008 and was a top civil servant. Before joining the Bank, Rachel was Permanent Secretary of three government departments between 1996 and 2002, including the Department of Work and Pensions and the Welsh Office as well as the Dept. for Transport. She was a Vice President and Chief of Staff to the President of the World Bank in 1995-6 and Head of the Economic and Domestic Secretariat at the Cabinet Office in 1994. In 2008 Rachel was appointed as a non-executive director of HSBC where she is also a member of several audit and risk committees.

Dr. Sushil Wadhwani CBE

Dr. Sushil Wadhwani CBE was a full-time external member of the Bank of England's Monetary Policy Committee between June 1999 and May 2002. From 1995-1999 Dr Wadhwani was Head of the Quantitative Systems Group, a member of the Management Committee and Partner at Tudor Proprietary Trading LLC, a fund management company. He was previously Director of Equity Strategy at Goldman Sachs International (1991-95) and before that Reader/Lecturer in Economics at the London School of Economics (1984-91).