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 {{UK-business-bio-1940s-stub