Sir John Vickers
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Sir John Stuart Vickers (born 7 July 1958) is a British economist and the Warden of All Souls College, Oxford.


Education

Vickers studied at Eastbourne Grammar School and
Oriel College, Oxford Oriel College () is Colleges of the University of Oxford, a constituent college of the University of Oxford in Oxford, England. Located in Oriel Square, the college has the distinction of being the oldest royal foundation in Oxford (a title for ...
. He graduated with a
DPhil A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...
from the
University of Oxford The University of Oxford is a collegiate university, collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the List of oldest un ...
.


Career

After starting a profession in the oil industry, Vickers left and began teaching economics at
Oxford University The University of Oxford is a collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the second-oldest continuously operating u ...
. From 1991 to 2008, Vickers was the Drummond Professor of Political Economy. In 2008, Sir John Vickers was elected as
Warden A warden is a custodian, defender, or guardian. Warden is often used in the sense of a watchman or guardian, as in a prison warden. It can also refer to a chief or head official, as in the Warden of the Mint. ''Warden'' is etymologically ident ...
of
All Souls College, Oxford All Souls College (official name: The College of All Souls of the Faithful Departed, of Oxford) is a constituent college of the University of Oxford in England. Unique to All Souls, all of its members automatically become fellows (i.e., full me ...
. His visiting academic posts have included the
London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degree, Master's degrees in management and finance, Master of B ...
, the
Woodrow Wilson School The Princeton School of Public and International Affairs (''abbrev.'' SPIA; formerly the Woodrow Wilson School of Public and International Affairs) is a professional public policy school at Princeton University. The school provides an array of co ...
at
Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
, and
Harvard Kennedy School The John F. Kennedy School of Government, commonly referred to as Harvard Kennedy School (HKS), is the school of public policy of Harvard University, a private university in Cambridge, Massachusetts. Harvard Kennedy School offers master's de ...
at
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
. From 2003 until 2007, Vickers was President of the
Institute for Fiscal Studies The Institute for Fiscal Studies (IFS) is an independent economic research institute based in London, United Kingdom, which specialises in UK taxation and public policy. It produces both academic and policy-related findings. The institute's ...
and then became President for the
Royal Economic Society The Royal Economic Society (RES) is a professional association and learned society that promotes the study of economics. Originally established in 1890 as the British Economic Association, it was incorporated by royal charter on 2 December 1902. ...
from 2007 to 2010. In 1998, Vickers became chief economist 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 ...
for two years. He was also notably a member of the
Monetary Policy Committee The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets for three and a half days, eight times a year, to decide the official interest rate in the United Kingdom (the Bank of England Base Rate). It is also respo ...
. From 2000 to 2005, he became the chairman of the
Office of Fair Trading The Office of Fair Trading (OFT) was a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforced both consumer protection and competition law, acting as the United Kingdom's economi ...
. In June 2010, Vickers became chair of the
Independent Commission on Banking The Independent Commission on Banking was a United Kingdom government inquiry looking at structural and related non-structural reforms to the UK banking sector to promote financial stability and competition in the wake of the 2008 financial crisis ...
(ICB) founded in the United Kingdom. The ICB's task is to consider both structural and non-structural reforms to the UK banking sector to promote financial stability and competition (in the aftermath of the banking crisis of 2008). The commission made its final recommendations to the UK government in September 2011, namely the introduction of the ring fencing of retail from investment banking in order to protect against financial riskiness.


Research and publications

Vickers has written on a number of varying economic topics. His current economic research focuses on competition and regulation.


Honours

Vickers was
knighted A knight is a person granted an honorary title of a knighthood by a head of state (including the pope) or representative for service to the monarch, the church, or the country, especially in a military capacity. The concept of a knighthood ...
in 2005. In 2012, he was awarded the President's Medal by the
British Academy The British Academy for the Promotion of Historical, Philosophical and Philological Studies is the United Kingdom's national academy for the humanities and the social sciences. It was established in 1902 and received its royal charter in the sa ...
. He was made a
Fellow A fellow is a title and form of address for distinguished, learned, or skilled individuals in academia, medicine, research, and industry. The exact meaning of the term differs in each field. In learned society, learned or professional society, p ...
of the
Royal Economic Society The Royal Economic Society (RES) is a professional association and learned society that promotes the study of economics. Originally established in 1890 as the British Economic Association, it was incorporated by royal charter on 2 December 1902. ...
in May 2025.https://res.org.uk/the-royal-economic-society-announces-founding-fellows/


References

1958 births Alumni of Oriel College, Oxford Knights Bachelor Princeton University faculty Harvard Kennedy School faculty Wardens of All Souls College, Oxford Drummond Professors of Political Economy Fellows of the Econometric Society Recipients of the President's Medal (British Academy) Living people Fellows of the European Economic Association Fellows of the Royal Economic Society {{UK-economist-stub