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Nigel Wicks
Sir Nigel Leonard Wicks (born 16 June 1940) is a British financier and former senior British civil servant. He also served as Chairman of Euroclear. Career Educated originally at Beckenham and Penge Grammar School, Wicks joined British Petroleum in 1958 at the age of 18. Whilst at BP, Wicks studied for a University of London external MA in business administration at the Portsmouth College of Technology, now part of the University of Portsmouth. After 10 years at BP, Wicks joined HM Treasury in 1968. At the Treasury, Wicks undertook a number of positions including secondments to the Prime Minister's Office as a Private Secretary to the Prime Minister (1975–1978, under Callaghan and Wilson) and at the British Embassy in Washington, D.C. as Economic Minister (and so the UK's Executive Director of the IMF and IBRD) from 1983–1985. In 1985, Wicks took up his position as Principal Private Secretary to the Prime Minister, Margaret Thatcher, a post he held for three y ...
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Principal Private Secretary To The Prime Minister
The Principal Private Secretary to the Prime Minister of the United Kingdom is a senior official in the United Kingdom Civil Service who acts as principal private secretary to the prime minister of the United Kingdom. The holder of this office is traditionally the head of the Prime Minister's Office in 10 Downing Street. In the Civil Service, the role is currently graded as director general. The current principal private secretary is Elizabeth Perelman, who assumed the position following the appointment of Rishi Sunak as Prime Minister on 25 October 2022. Recent history During Tony Blair's administration, the prime minister (as Minister for the Civil Service) modified the law under which the Civil Service operated (through an Order in Council) which gave power to the newly created the role of Downing Street Chief of Staff (a politically appointed special adviser) to give instructions to civil servants and outranked the principal private secretary in the Downing Street power ...
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University Of London International Programmes
The University of London Worldwide (previously called the University of London International Academy) is the central academic body that manages external study programmes within the federal University of London. All courses are branded as simply "University of London", having previously been "University of London International Programmes" and earlier "University of London External Programmes". It claims to be the world's oldest distance and flexible learning body, established under the University of London's royal charter of 1858, although academics have disputed whether it offered distance learning at that time. Several member institutions of the University of London offer degrees through the programme, including Birkbeck, Goldsmiths, King's College London, London School of Economics, London School of Hygiene & Tropical Medicine, Queen Mary, Royal Holloway, Royal Veterinary College, School of Oriental and African Studies and University College London. The system offers cours ...
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Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Reyn ...
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CREST (securities Depository)
CREST is a UK-based central securities depository that holds UK equities and UK gilts, as well as Irish equities and other international securities. It was named after its securities settlement system, CREST, and has been owned and operated by Euroclear since 2002. The name CREST stands for Certificateless Registry for Electronic Share Transfer. CREST allows shareholders and bondholders to hold assets in a dematerialised, i.e. electronic form, rather than holding physical share certificates. CREST also serves a number of other important functions, such as assisting in the payments of dividends to shareholders. It is also an "electronic trade confirmation system" ("ETC") (using Trax). When parties to a transaction make a deal, they both electronically confirm their sides of the transaction via electronic transfer. Both parties are required to submit confirmation details to Crest. In the event that transaction details do not match, CREST will highlight the issues and ensure that t ...
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Gus O'Donnell, Baron O'Donnell
Augustine Thomas O'Donnell, Baron O'Donnell, (born 1 October 1952) is a former British senior civil servant and economist, who between 2005 and 2011 (under three Prime Ministers) served as the Cabinet Secretary, the highest official in the British Civil Service. O'Donnell announced after the 2010 General Election that he would step down within that Parliament and did so at the end of 2011. His post was then split into three positions: he was succeeded as Cabinet Secretary by Sir Jeremy Heywood, as Head of the Home Civil Service by Sir Bob Kerslake (in a part-time role), and as Permanent Secretary in the Cabinet Office by Ian Watmore. Whilst Cabinet Secretary, O'Donnell was regularly referred to within the Civil Service, and subsequently in the popular press, as ''GOD''; this was mainly because of his initials. In 2012, O'Donnell joined Frontier Economics as a senior advisor. Background O'Donnell was born and raised in south London. Educated at Salesian College, Batters ...
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Permanent Secretary
A permanent secretary (also known as a principal secretary) is the most senior Civil Service (United Kingdom), civil servant of a department or Ministry (government department), ministry charged with running the department or ministry's day-to-day activities. Permanent secretaries are the non-political civil service Chief executive officer, chief executives of government departments or ministries, who generally hold their position for a number of years (thus "permanent") at a ministry as distinct from the changing political secretaries of state to whom they report and provide advice. Country Australia In Australia, the position is called the "department secretary", “secretary of the department”, or “director-general of the department” in some states and territories. Barbados Canada In Canada, the senior civil service position is a "deputy minister", who within a government ministry or department is outranked only by a Minister (government), Minister of the Crown. ...
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International Bank For Reconstruction And Development
The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States, that is the lending arm of World Bank Group. The IBRD offers loans to middle-income developing countries. The IBRD is the first of five member institutions that compose the World Bank Group. The initial mission of the IBRD in 1944, was to finance the reconstruction of European nations devastated by World War II. The IBRD and its concessional lending arm, the International Development Association (IDA), are collectively known as the World Bank as they share the same leadership and staff. Following the reconstruction of Europe, the Bank's mandate expanded to advancing worldwide economic development and eradicating poverty. The IBRD provides commercial-grade or concessional financing to sovereign states to fund projects that seek to improve transportation and infrastructure, education, domestic polic ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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List Of Economic Ministers At The British Embassy In Washington, D
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ...
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Embassy Of The United Kingdom, Washington, D
A diplomatic mission or foreign mission is a group of people from a state or organization present in another state to represent the sending state or organization officially in the receiving or host state. In practice, the phrase usually denotes an embassy, which is the main office of a country's diplomatic representatives to another country; it is usually, but not necessarily, based in the receiving state's capital city. Consulates, on the other hand, are smaller diplomatic missions that are normally located in major cities of the receiving state (but can be located in the capital, typically when the sending country has no embassy in the receiving state). As well as being a diplomatic mission to the country in which it is situated, an embassy may also be a nonresident permanent mission to one or more other countries. The term embassy is sometimes used interchangeably with chancery, the physical office or site of a diplomatic mission. Consequently, the terms "embassy reside ...
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Harold Wilson
James Harold Wilson, Baron Wilson of Rievaulx, (11 March 1916 – 24 May 1995) was a British politician who served as Prime Minister of the United Kingdom twice, from October 1964 to June 1970, and again from March 1974 to April 1976. He was the Leader of the Labour Party from 1963 to 1976, and was a Member of Parliament (MP) from 1945 to 1983. Wilson is the only Labour leader to have formed administrations following four general elections. Born in Huddersfield, Yorkshire, to a politically active middle-class family, Wilson won a scholarship to attend Royds Hall Grammar School and went on to study modern history at Jesus College, Oxford. He was later an economic history lecturer at New College, Oxford, and a research fellow at University College, Oxford. Elected to Parliament in 1945 for the seat of Ormskirk, Wilson was immediately appointed to the Attlee government as a Parliamentary Secretary; he became Secretary for Overseas Trade in 1947, and was elevated to the ...
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Jim Callaghan
Leonard James Callaghan, Baron Callaghan of Cardiff, ( ; 27 March 191226 March 2005), commonly known as Jim Callaghan, was Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party from 1976 to 1980. Callaghan is the only person to have held all four Great Offices of State, having served as Chancellor of the Exchequer from 1964 to 1967, Home Secretary from 1967 to 1970 and Foreign Secretary from 1974 to 1976. He was a Member of Parliament (MP) from 1945 to 1987. Born into a working-class family in Portsmouth, Callaghan left school early and began his career as a tax inspector, before becoming a trade union official in the 1930s; he served as a lieutenant in the Royal Navy during the Second World War. He was elected to Parliament at the 1945 election, and was regarded as being on the left wing of the Labour Party. He was appointed to the Attlee government as a parliamentary secretary in 1947, and began to move increasingly towards the right win ...
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