Adair Turner
Adair Turner, Baron Turner of Ecchinswell, is the Chairman of the Energy Transitions Commission, a global coalition of major power and industrial companies, investors, environmental NGOs and experts. He is a Senior Fellow of the Institute for New Economic Thinking, Chairman of insurer group Chubb Europe, and member of the Advisory Board of Shanghai-based Envision Group. Lord Turner is a renowned expert on global economic trends, global finance, and international financial systems, with combined careers in business, public policy and academia. He chaired the UK’s Financial Services Authority, and played a leading role in the post crisis redesign of global banking and shadow banking regulation. Lord Turner regularly advises climate and government bodies – including the COP Presidency and ministers in the EU, UK, China and Australia. He is often featured in global media as an expert on the energy transition and holds several roles in the industry.
Adair Turner Professional Experience / Academic History
Professional Experience
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Chair
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Non-Executive Director
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Vice Chairman, Europe
Academic History
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Double First in History and Economics
CURRENT AFFILIATIONS
Chairman, Chubb Europe
Chairman, Oaknorth
Advisory Board, Envision Energy
Senior Fellow, Institute for New Economic Thinking
Senior Fellow, Center for Financial Studies (Frankfurt)
Visiting Fellow, People's Bank of China School of Finance
Visiting Fellow, Tsinghua University
Visiting Professor, International Center for Islamic Finance
EARLY CAREER
From 2008 to 2012, Lord Turner chaired the Climate Change Committee, an independent body advising and overseeing the UK’s government on their path to a zero-carbon economy.
Between 2002 and 2006 he chaired the UK Pensions Commission and recommended the creation of a system of defined contribution pensions which included an ‘opt-out’ element that proved transformative.
He also chaired the Low Pay Commission (2002-2006), and was Director General of the Confederation of British Industry (1995-2000).
He was on the Board of AESC Japan, the manufacturers of lithium-ion batteries for electric vehicles, and was appointed adviser to Watershed Technologies Inc. and Renew India.
FINANCIAL CAREER
An economist by background, Lord Turner worked for McKinsey & Co for many years, building their practice in Eastern Europe and Russia in the early 1990s.
He has held a number of senior positions including Director General of the Confederation of British Industry (CBI), Vice-Chairman of Merrill Lynch Europe, a Non-Executive Director at Standard Chartered PLC and a Non-Executive Director of Prudential plc.
RECOGNITIONS
Independent Peer, House of Lords
Honorary Fellow, Royal Society
Trustee Emeritus, British Museum