Commission Members

Sir John Vickers

Sir John Vickers has been Warden of All Souls College, Oxford, since October 2008. He was educated at Eastbourne Grammar School and Oriel College, Oxford. After a period working in the oil industry, he taught economics at Oxford University and was Drummond Professor of Political Economy from 1991 to 2008. He was Chief Economist at the Bank of England and a member of the Monetary Policy Committee from 1998-2000; Director General/Chairman of the Office of Fair Trading from 2000-05; and President of the Royal Economic Society from 2007-10.

Letter of Appointment – Sir John Vickers

Clare Spottiswoode

Ms Spottiswoode currently chairs Gas Strategies which has done a recent management buy out from Standard and Poors, and is European Chair and NED of Energy Solutions, a US Nuclear waste company and NED of Tullow Oil, and G4S, both FTSE 100 companies.

Clare is perhaps best known for her role as Director General of Ofgas between 1993 and 1998 where she oversaw the transformation of the gas industry from a monopoly which controlled the whole industry from the time the gas arrived onshore till its use in industry and the home, into an industry where everyone, from large industrial buyers to the smallest domestic customer can choose who to buy their gas from.

In November 2006 she was appointed as the Policyholder Advocate for Aviva, and is responsible for ensuring that around one million With-Profits policyholders receive a fair share of the £5-6bn inherited estate. The deal has now been completed and policyholders received around 70% of the estate, which was more than double the only previous reattribution settlement.

Awarded a CBE for services to industry in 1999, she holds degrees from Cambridge and Yale Universities in Maths and Economics, and has an honorary doctorate from Brunel.

Letter of Appointment – Clare Spottiswoode

Martin Taylor

Martin Taylor has been chairman of Syngenta AG since 2005. He was educated at Eton and Balliol College, Oxford. He worked as a journalist for Reuters and the Financial Times before joining Courtaulds in 1982. He was chief executive of Courtaulds Textiles between 1987 and 1993 (it was demerged from Courtaulds in 1990); chief executive of Barclays plc from 1994 to 1998; chairman of WHSmith plc from 1999 to 2003, and an international adviser to Goldman Sachs from 1999 to 2005.

Letter of Appointment – Martin Taylor

Bill Winters

Bill Winters left JPMorgan in 2010, having been the Co-CEO of the JPMorgan Investment Bank since 2003. He had joint responsibility for the firm’s global businesses across sales, trading, research, capital raising and lending. Having joined JPMorgan in 1983, he held management roles across Markets areas and Corporate Finance. He moved from New York to London in 1992.

Winters received an MBA from the Wharton School at the University of Pennsylvania and a Bachelor’s degree in International Relations from Colgate University. He is a member of the Boards of the International Rescue Committee and the Young Vic Theatre. He is a member of the Market Monitoring Group of the Institute of International Finance, having previously served on the board of the IIF and having served as co-Chair of its Committee on Effective Regulation.

Winters is a dual UK / US citizen.

Letter of Appointment – Bill Winters

Martin Wolf

Martin Wolf is Associate Editor and Chief Economics Commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 for services to financial journalism. Mr Wolf was educated at University College School, and Corpus Christi College and Nuffield College, Oxford University. He began his career at the World Bank in 1971 and has been at the Financial Times since 1987. He has won many prizes for his journalism, including the Wincott Foundation senior prize for excellence in financial journalism for 1989 and 1997, the RTZ David Watt memorial prize for 1994, the “Accenture Decade of Excellence” at the Business Journalist of the Year Awards of 2003, the “Ludwig-Erhard-Preis für Wirtschaftspublizistik” (“Ludwig Erhard Prize for economic commentary”) from the Ludwig Erhard Stiftung (Foundation) for 2009 and “Commentariat of the Year 2009” at the Comment Awards sponsored by Editorial Intelligence. His most recent publications are Why Globalization Works (Yale University Press, 2004) and Fixing Global Finance (Washington D.C: Johns Hopkins University Press, and London: Yale University Press, 2008 and 2010).

Letter of Appointment – Martin Wolf