Sassoon, who is a member of the Economic Recovery Committee of the Shadow Cabinet, will take over from the current chairman Donald Brydon in December this year.
ifs School of Finance principal Gavin Shreeve says: “Sir James’ appointment really is excellent news for the ifs School of Finance. It was always going to be difficult to replace a chairman of Donald Brydon’s calibre, but James is a highly respected figure right across the financial services sector and beyond.”
Sassoon adds: “The ifs School of Finance is already a UK and global leader in financial education. Following the financial crisis, the ifs is playing a central role in building financial skills at all levels, from schools, through professionals in the finance industry, to the boardroom. I am delighted to be joining the ifs at this important time in its development.”