Sir David Alan Walker (born 31 December 1939) is a British banker and former chairman of

Barclays Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services ...

. He was chairman of

Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...

International from 1995 to 2001, and 2004 to 2005, and remains a senior advisor. Walker was previously Assistant Secretary at the Treasury (1974–77), chairman of the Securities and Investments Board (1988–92), executive director for finance and industry at the

Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one ...

(1989–95) and deputy chairman of

Lloyds TSB Lloyds Bank plc is a major British retail and commercial bank with a significant presence across England and Wales. It has traditionally been regarded one of the " Big Four" clearing banks. Established in Birmingham in 1765, Lloyds Bank e ...

(1992–94). In 1994 he also joined the Washington-based financial advisory body, the

Group of Thirty The Group of Thirty, often abbreviated to G30, is an international body of financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sec ...

. In 2007, Walker was commissioned by the UK

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

industry to produce guidelines for disclosure and transparency in private equity. On 9 February 2009, he was appointed to lead a government enquiry into banks' corporate governance; the appointment was criticised. On 9 August 2012, he was appointed Chairman of Barclays effective 1 November. On 1 July 2015, Sir David Walker was appointed to global investment manager, Winton Capital Group, as its non-executive chairman to support the group’s ambition of becoming a global institutional asset-management group.

Personal life

Walker was educated at Chesterfield School and

Queens' College, Cambridge Queens' College is a Colleges of the University of Cambridge, constituent college of the University of Cambridge. Queens' is one of the 16 "old colleges" of the university, and was founded in 1448 by Margaret of Anjou. Its buildings span the R ...

(hon. fellow 1989; double first, economics). He married Isobel Cooper in 1963; they have one son and two daughters. Walker was knighted in 1991.

Career

Walker joined HM Treasury in 1961, and was private secretary to the joint permanent secretary from 1964–66. He served on the staff of the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

in Washington from 1970–73, and was assistant secretary in HM Treasury from 1973–77. Walker joined the Bank of England as chief adviser and chief of the economic intelligence department in 1977 and was a director from 1981–93 (1988–93 as a non-executive). He chaired Johnson Matthey Bankers (later Minories Finance) from 1985–88, and was president of the Old Cestrefeldians' Society from 1986–88. Walker held positions with the SIB from 1988–92 and the Agricultural Mortgage Corporation from 1993–94, and was deputy chair of

Lloyds Bank Lloyds Bank plc is a major British retail banking, retail and commercial bank with a significant presence across England and Wales. It has traditionally been regarded one of the "Big Four (banking)#England and Wales, Big Four" clearing house ...

from 1992–94. He was a director at Morgan Stanley from 1994–97, executive chair of Morgan Stanley Group (Europe)—later Morgan Stanley Dean Witter (Europe)—from 1994–2000, chair of Morgan Stanley International from 1995–2000 and on the management board of Morgan Stanley Dean Witter from 1997–2000. Walker chaired the steering committee of the Financial Markets Group on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

(LSE) from 1986–93, and served on the board of the

Central Electricity Generating Board The Central Electricity Generating Board (CEGB) was responsible for electricity generation, transmission and bulk sales in England and Wales from 1958 until privatisation of the electricity industry in the 1990s. It was established on 1 Januar ...

(CEGB) from 1987–89. He has chaired the Russian Venture Company (RVC) Greenhouse Fund since 1999, and was non-executive director at

National Power National power is defined as the sum of all resources available to a nation in the pursuit of national objectives. Assessing the national power of political entities was already a matter of relevance during the classical antiquity, the Middle Ages ...

in 1990 and from 1993–94. Walker was also associated with British Invisibles from 1993–97 and Reuters Holdings from 1994–2000. He was a nominated member of the Council of Lloyd’s from 1988–92, chairing the 1992 inquiry into the LMX Spiral, 1992. Walker has been associated with the Legal & General Assurance Co. since 2002, and has been its vice-chair since 2004. He has been a member of the

since 1993, its treasurer since 1998 and a trustee since 2007. Walker chaired the London Investment Bankers' Association from 2002–04. He belonged to the Moroccan British Business Council from 2000–07, and has been a chairman of the University of Cambridge 800th Anniversary Campaign since 2005. Walker was a governor of Henley Management College from 1993–99 and chaired Community Links, an East End charity. He received an honorary LL.D. degree from the

University of Exeter The University of Exeter is a research university in the West Country of England, with its main campus in Exeter, Devon. Its predecessor institutions, St Luke's College, Exeter School of Science, Exeter School of Art, and the Camborne School of ...

in 2002. Sir David is also the Chairman of Financial Blockchain Start-u
SETL Ltd
(2015 - Present)

References

External links

Collected Articles at the ''Guardian''
{{DEFAULTSORT:Walker, David 1939 births Living people Businesspeople from Derbyshire Alumni of Queens' College, Cambridge Fellows of King's College London English bankers Chairmen of Barclays Knights Bachelor Businesspeople awarded knighthoods British chairpersons of corporations