Date of Appointment
4 July 2024 (previously served as a Director of Henderson EuroTrust plc, from 1 December 2019)

Skills and Experience
Stephen started his career as an economist for the Treasury and became private secretary to the chief economic adviser. He was specialist advisor to the House of Commons’ Treasury Committee between 2015 and 2017. He is a fellow of the Society of Professional Economists and of the Academy of Social Sciences and sits on the management council of the National Institute of Economic & Social Research. Stephen has written four books: “Losing Control: The Emerging Threats to Western Prosperity® (2010); “When the Money Runs Out: The End of Western Affluence” (2013); “Grave New World: The End of Globalization, the Return of History” (2017); and “We need to talk about inflation: 14 urgent lessons from the last 2000 years” (2023).

External Appointments
Having been HSBC chief economist for 17 years until 2015, Stephen is currently senior economic adviser to HSBC on a part-time basis.