Sir Richard Lambert

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Former Director General, CBI

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Richard led Britain’s most influential business group through the turmoil of the banking crisis and the election of the Coalition Government. He previously sat on the Bank of England’s Monetary Policy Committee and served as Editor-in-Chief of the Financial Times, launching the US edition and presiding over a doubling in circulation. Richard is well placed to interpret signals from both markets and government institutions.


Sir Richard Lambert served as Director General of the CBI, the most influential business group in the UK, during a period including the banking collapse and global recession. Previously he was Editor-in-Chief of the Financial Times. He also chaired the independent Banking Standards Review Council.

At the FT Richard wrote the influential Lex column, then took charge of the New York bureau and subsequently launched the hugely successful US edition. During his decade as Editor the paper’s circulation almost doubled, mainly due to overseas sales.

After leaving the FT Richard became the first non-economist appointed a full-time external member of the Bank of England’s Monetary Policy Committee. His time there has given him rare insight into the decision-making processes of government and regulation.

Once appointed to succeed Digby Jones as head of the CBI, Richard’s tenure was marked by business and political turmoil. The banking crisis increased union activism and the change of government (Richard was the first person George Osborne telephoned after the Election) tested his leadership and his ability to plot a steady course for British business.

As Chair of the Banking Standards Review Council, Richard led both the report on, and the implementation of efforts to raise standards with banking in the aftermath of the financial crisis.

Sir Richard was a board member of Business in the Community, and is the Chancellor of Warwick University as well as a non-executive director of EY. He wrote the Lambert Review into links between business and higher education, a subject on which he remains passionate and is also Chairman of the British Museum.

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JLA Speakers Breakfast 2011

JLA Speakers Breakfast 2011