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andrew-large

Sir Andrew Large, MBA'70

Former Deputy Governor, Bank of England

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Biography

Andrew Large retired in 2006 as Deputy Governor of the Bank of England where he had served since 2002. As joint founding partner of Systemic Policy Partnership, he now acts independently for central banks and governments in relation to financial stability and crisis prevention issues.

He is in addition Chairman of the Senior Advisory Board of Oliver Wyman; Chairman of Hedge Fund Standards Board; Chairman of the Advisory Committee of Marshall Wace, a London hedge fund and Chairman of the Board Risk Committee of Axis, Bermuda.

Andrew Large's career has covered a wide range of senior positions in the world of global finance, within both the private and public sectors. Earlier Andrew spent twenty years in capital markets and investment banking, first with Orion Bank and then with Swiss Bank Corporation, serving as a non-Swiss on its Management Board from 1987-1989. 

Prior to his time at the Bank of England he served from 1992-1997 as Chairman of the UK's supervisory authority, the Securities and Investments Board, which was the precursor of the FSA. Andrew also served as Deputy Chairman of Barclays Group from 1998-2002. 

During his period at Barclays, Andrew was also Chairman of Euroclear in Brussels. Concurrently he served on the Managing Director of the IMF's Capital Markets Consultative Group 1999-2002, and chaired for the Group of 30 a global report into strengthening the global financial infrastructure in clearing and settlement. 

Andrew has a keen interest in education; he was Warden of Winchester College from 2002-2008 and is the first Chairman of the newly created INSEAD Advisory Council having served as a member of the INSEAD Board from 1998 to 2010. He collects ancient varieties of apple trees which he grows at his home in Wales and is President of the Marcher Apple Network.