Sir John Gieve KCB

Sir John Gieve KCB

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Former Deputy Governor, Bank of England

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Before his appointment to the Bank of England and MPC, John served as Private Secretary to Chancellors Lawson, Major and Lamont. He also carried out two spending reviews, for Labour and the Conservatives. John now has a number of advisory roles, extending from forex and retail payment systems to regulation. He explains how governments present slight shifts in policy as radical change, but central bankers describe even fundamental change as ‘entirely consistent.’


Sir John Gieve served as Deputy Governor of the Bank of England from 2006 to 2009. He was also a member of the Monetary Policy Committee and sat on the board of the FSA.

Before joining the Bank, Sir John was Permanent Secretary at the Home Office during a period when the department was responding to the increased terrorist threat in the wake of 9/11. Other responsibilities included programmes to reduce crime and anti social behaviour, co-ordinating the Criminal Justice System, the identity card scheme, immigration and asylum.

Before the Home Office John spent twenty years at the Treasury, involved in banking and City regulation, energy, public services and the Budget. He carried out spending reviews for both Labour and Conservative governments, and served as Private Secretary to three Chancellors: Nigel Lawson, John Major and Norman Lamont.

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JLA Speakers Breakfast - June 2010