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HMT promotes financial services chief Roxburgh to replace Kingman

HM Treasury Boardroom Head And Shoulder Shots - Wed 24 Feb 2016

Charles Roxburgh has been appointed to the Treasury’s second most senior civil servant role to replace new L&G chair John Kingman.

Roxburgh is promoted from director general of financial services – a post he has held since 2013 – to second permanent secretary.

He will be responsible for the Treasury’s economics function and have responsibility for overseeing “the growth, financial services and infrastructures agendas in the Treasury”.

Prior to the Treasury he worked in the private sector for 25 years, including as senior partner at McKinsey.

He was also one of the UK’s representatives on the financial stability board and represented the Treasury on the Bank of England’s financial policy committee.

Roxburgh takes up his role from today alongside new permanent secretary Tom Scholar who moves across from the cabinet office where he was the Prime Minister’s adviser for European and global issues.

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