Mervyn King, also known as Lord King of Lothbury, is one of the world's most respected and significant leaders in central banking. Lord King is best known as the former Governor of the Bank of England and Chairman of the Monetary Policy Committee. He steered the Bank of England through the deepest financial crisis and together with other central bankers, and prevented a great depression by creating economic stability in the banking sector. In 2013, Lord King was appointed a life peer in the British House of Lords by Queen Elizabeth II for contributions to public service. Lord King is currently the Alan Greenspan Professor of Economics and Professor of Law at New York University and Emeritus Professor of Economics at the London School of Economics.
For 10 years, he served as BoE's Governor and Chairman of its Monetary Policy Committee and as the Chairman of the group of major central banks at the BIS (formerly the G-10 Governors).
During that time he also served as a Member of the General Council of the European Central Bank.
He was front and center as the Bank dealt with the 2008 financial crisis, leading Britain through an extraordinary period of its economic history that began with inflation targeting and seeking monetary independence to enact far-reaching reform, prudent regulation and more active financial oversight.
He was previously Deputy Governor from 1998 to 2003, and Chief Economist and Executive Director from 1991. He was a non-executive director of the Bank from 1990 to 1991.
ACADEMIA
Lord King was appointed a Distinguished Visiting Professor of Business and Law at New York University, as well as a Distinguished Visiting Fellow at the Council on Foreign Relations.
He taught at Cambridge and Birmingham Universities before serving as Visiting Professor at both Harvard University and MIT.
EXPERTISE
Lord King introduced inflation targeting as the cornerstone of the UK monetary policy, and helped popularise it in the central banking community across the world.
As a distinguished figure who has shaped public discourse over the last 30 years, he offers a unique depth to the economic challenges that face the new world economy.
He has also written and spoken about financial crises of the past, in the eighteenth and nineteenth centuries, and especially the rather unfamiliar financial crisis of 1914.
RECOGNITIONS
2022 Guido Carli Bancor Prize
2014 Knight of the Garter, Queen Elizabeth II
2013 British House of Lords, Queen Elizabeth II
2011 Knight Grand Cross of the Order of the British Empire
MEDIA & PUBLICATIONS
Lord King has been featured or quoted in Bloomberg, Financial Times, The Economic Times, The Guardian, and more.
He has appeared as a guest on Real Vision.