Lord Mervyn King

Governor of the Bank of England (2003-2013)

Exclusively WSB

Mervyn King (Lord King of Lothbury, KG, GBE, FBA) served as Governor of the Bank of England and Chairman of the Monetary Policy Committee and Financial Policy Committee from 2003 – June 2013. He was previously Deputy Governor from 1998 to 2003, Chief Economist and Executive Director from 1991, and non-executive director of the Bank from 1990 to 1991. 

Lord King was knighted (GBE) in 2011, and in July of 2013, he was appointed a life peer in the British House of Lords by Queen Elizabeth II for contributions to public service. He entered the House of Lords and took the name Baron King of Lothbury, a reference to one of the streets flanking the Bank of England. He was appointed by The Queen to be a Knight of the Garter in 2014.

Born in 1948, Lord King studied at King’s College, Cambridge, and Harvard (as a Kennedy Scholar) and taught at Cambridge and Birmingham Universities before spells as Visiting Professor at both Harvard University and MIT. From October 1984 he was Professor of Economics at the London School of Economics where he founded the Financial Markets Group. Lord King took up a position as Professor of Economics and Law at New York University in September 2014, and a position as School Professor of Economics at the London School of Economics in 2015.

Lord King is a Fellow of the British Academy, an Honorary Fellow of King’s and St John’s Colleges, Cambridge and holds honorary degrees from many universities around the world.  He is a Foreign Honorary Member of the American Academy of Arts and Sciences and a Trustee of the National Gallery in London.

Lord King is the author of the best-selling book The End of Alchemy: Money, Banking and the Future of the Global Economy (published in 2016 with a new preface in the paperback edition in March of 2017) which received international acclaim and is widely regarded as the most important book to come out of the financial crisis.