Shamik Dhar

Shamik has 40 years of experience as a macroeconomist, with significant roles in both the public and private sectors, witnessing and forecasting pivotal economic events.

Starting at HM Treasury in the mid-1980s during the Lawson Boom, Shamik moved to Oxford Economic Forecasting in the late 1980s amidst ERM accession and the early ’90s recession. He joined the Bank of England in 1992, managing the forecast process during the UK’s ERM exit and the early days of inflation targeting, eventually leading the Monetary Policy Division in the late 1990s.

In 2000, he joined Aviva Investors, advising on global economic shifts, and co-founded Fathom Consulting in 2004, observing the 2008 Great Financial Crisis. Returning to Aviva in 2009, he addressed the euro crises of the 2010s.

In 2014, he became Chief Economist at the UK Foreign & Commonwealth Office, briefing on Brexit, Russia’s Crimea invasion and other global challenges. From 2018-2024, as Global Chief Economist at BNY Mellon Investment Management, he guided business leaders and clients through the economic impacts of COVID and Russia’s invasion of Ukraine.

In 2025, having retired from BNY Mellon Asset Management, Shamik rejoined Fathom as Special Adviser, playing a key part in shaping Fathom’s bespoke consultancy and modelling work through the development of our proprietary data, models and tools.

Shamik graduated from Oxford University in 1985 with a degree in Philosophy, Politics and Economics (PPE), and took a Master’s in Economics from Queen Mary College, London (now QMUL) in 1986. He also spent a year as a Visiting Scholar at the University of Pennsylvania in 1996.