Sir Andrew Duncan Crockett (23 March 1943 – 3 September 2012) was a British banker, economist and public servant. He was the general manager of the
Bank for International Settlements
The Bank for International Settlements (BIS) is an international financial institution owned by central banks that "fosters international monetary and financial cooperation and serves as a bank for central banks".
The BIS carries out its work thr ...
(BIS).
Early life and education
Born in
Glasgow
Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated popul ...
, Crockett was educated at
Queens' College, Cambridge and
Yale University
Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...
.
Career
Crockett joined the
Bank of England in 1966, and the
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 glo ...
in 1972. He was an executive director of the Bank of England from 1989 to 1993, before becoming General Manager of the Bank for International Settlements (BIS) in 1994. After retiring from the BIS in 2003, he joined
JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...
, the U.S. banking firm, where he was Special Advisor to the chairman and a member of the executive committee until shortly before his death.
Crockett was also a member of 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 ...
. He authored several books on economic and financial subjects, as well as numerous articles in scholarly publications.
Honours
He was
knighted in 2003 and named European Banker of the Year in 2000
Personal life
He died in
San Francisco, California
San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
, aged 69, following a long battle with
pancreatic cancer.
Crockett was survived by his wife of 46 years, Marjorie (née Hlavacek), and their three children. He was also survived by his mother and two brothers.
References
External links
Group of Thirty biography
1943 births
2012 deaths
British bankers
British economists
British expatriates in the United States
Alumni of Queens' College, Cambridge
Yale University alumni
Knights Bachelor
People associated with the Bank of England
Deaths from pancreatic cancer
Deaths from cancer in California
20th-century English businesspeople
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