Sir Charles Fergusson Roxburgh (born 25 October 1959) is Chair of Lloyd’s of London and a former British

civil servant The civil service is a collective term for a sector of government composed mainly of career civil service personnel hired rather than elected, whose institutional tenure typically survives transitions of political leadership. A civil service offic ...

who was Second Permanent Secretary of

HM Treasury His Majesty's Treasury (HM Treasury or HMT), and informally referred to as the Treasury, is the Government of the United Kingdom’s economic and finance ministry. The Treasury is responsible for public spending, financial services policy, Tax ...

from 2016 to 2022.

Early life and career

Roxburgh was born on 25 October 1959 in London and educated at

Stowe School The Stowe School is a public school (English private boarding school) for pupils aged 13–18 in the countryside of Stowe, England. It was opened on 11 May, 1923 at Stowe House, a Grade I Heritage Estate belonging to the British Crown. ...

. He obtained a degree in

Classics Classics, also classical studies or Ancient Greek and Roman studies, is the study of classical antiquity. In the Western world, ''classics'' traditionally refers to the study of Ancient Greek literature, Ancient Greek and Roman literature and ...

from

Trinity College, Cambridge Trinity College is a Colleges of the University of Cambridge, constituent college of the University of Cambridge. Founded in 1546 by King Henry VIII, Trinity is one of the largest Cambridge colleges, with the largest financial endowment of any ...

. He graduated from

Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...

with a

Master of Business Administration A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...

in 1986. Roxburgh began his career at accountancy firm

Arthur Andersen & Co Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corpor ...

in its Management Information Consulting Division.

Career

Roxburgh worked at management consulting firm

McKinsey & Co McKinsey & Company (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinsey ...

for 26 years, including as a senior partner. His roles included co-head of McKinsey's global strategy practice, head of the UK financial institutions group and co-leader of the global corporate and investment banking practice. He worked in McKinsey & Co's New York City financial institutions practice for seven years. In 2009 he became the London-based director of the McKinsey Global Institute, an in-house economics research unit. In 2011 he was elected to McKinsey & Co's global board. Roxburgh joined

in February 2013. He was Director General of Financial Services at the Treasury from 2013. He sat on the

Financial Stability Board The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established in the 2009 G20 Pittsburgh Summit as a successor to the Financial Stability Forum (FSF) ...

and represented the Treasury on 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 ...

Financial Policy Committee The Financial Policy Committee (FPC) is an official committee of the Bank of England, modelled on the already well established Monetary Policy Committee. It was announced in 2010 as a new body responsible for monitoring the economy of the United K ...

. On 4 July 2016 he was appointed Second Permanent Secretary of the Treasury, overseeing its growth, financial services and infrastructure agendas. He worked on completing the

Government A government is the system or group of people governing an organized community, generally a State (polity), state. In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...

's exit from its ownership of financial assets. He was involved in

Brexit Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU). Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February ...

, and

COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 can vary but often include fever ...

emergency schemes such as the

Covid Corporate Financing Facility In response to the COVID-19 pandemic in the United Kingdom, the UK Government introduced various public health and economic measures to mitigate its impact. Devolution meant that the four nations' administrative responses to the pandemic dif ...

. He oversaw the creation of the

UK Infrastructure Bank The National Wealth Fund (NWF), formerly the UK Infrastructure Bank, is the sovereign wealth fund of the United Kingdom. The fund is publicly owned; its sole shareholder is the Treasury Solicitor, instructed by HM Treasury. The goal of the fund is ...

. Roxburgh stood down as Second Permanent Secretary of the Treasury in 2022. He was succeeded by

Cat Little Catherine "Cat" Joanna Little (born 19 May 1980) is a British civil servant, who is Cabinet Office Permanent Secretary and the chief operating officer of the United Kingdom's Civil Service, replacing Sir Alex Chisholm in April 2024. Prior to ...

and

Beth Russell Beth may refer to: Letter and number *Bet (letter), or beth, the second letter of the Semitic abjads (writing systems) *Hebrew word for "house", often used in the name of synagogues and schools (e.g. Beth Israel) *Beth number, a sequence of infi ...

. Roxburgh joined Lloyd’s of London as Chair on 1 May 2025, succeeding

Bruce Carnegie-Brown Bruce Neil Carnegie-Brown (born 27 December 1959) is vice chairman of Banco Santander and the former Chair of the insurance market Lloyd's of London, from 2017-2025. He is also chairman of the Marylebone Cricket Club, Cuvva Ltd, and is chair of th ...

. He is also a non-executive board member of law firm Herbert Smith Freehill, and a non-executive director of

Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses Science Biology * Seashell, a hard outer layer of a marine ani ...

. Roxburgh served as non-executive Chairman of

Legal & General Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortg ...

America from March 2023 to February 2025.

Personal life

Roxburgh is married to diplomat Dame Karen Pierce. They have two sons, born in 1991 and 1997.

Honours

Roxburgh was appointed

Knight Commander of the Order of the Bath The Most Honourable Order of the Bath is a British order of chivalry founded by King George I of Great Britain, George I on 18 May 1725. Recipients of the Order are usually senior British Armed Forces, military officers or senior Civil Service ...

(KCB) in the

2022 Birthday Honours The 2022 Queen's Birthday Honours are appointments by some of the 15 Commonwealth realms of Queen Elizabeth II to Orders and decorations of the Commonwealth realms, various orders and honours to reward and highlight good works by citizens of those ...

for services to Government.

References

1959 births Living people British business executives People educated at Stowe School Harvard Business School alumni Alumni of Trinity College, Cambridge Second Permanent Secretaries of HM Treasury Knights Commander of the Order of the Bath {{UK-gov-bio-stub