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Sir Nigel Leonard Wicks GCB CVO CBE (born 16 June 1940) is a British financier and former senior British civil servant, currently serving as Chairman of Euroclear.[1]

CareerEdit

Educated originally at Beckenham and Penge Grammar School, Wicks joined British Petroleum in 1958 at the age of 18.[2] Whilst at BP, Wicks studied for a University of London external MA in business administration at the Portsmouth College of Technology, now part of the University of Portsmouth.[3]

After 10 years at BP, Wicks joined HM Treasury in 1968.[1] At the Treasury, Wicks undertook a number of positions including secondments to the Prime Minister's Office as a Private Secretary to the Prime Minister (1975–1978, under Callaghan and Wilson) and at the British Embassy in Washington, D.C. as Economic Minister (and so the UK's Executive Director of the IMF and IBRD) from 1983–1985.[1][2]

In 1985, Wicks took up his position as Principal Private Secretary to the Prime Minister, Margaret Thatcher, a post he held for three years until returning to the Treasury as Second Permanent Secretary with responsibility for International Finance, where he remained for twelve years until reaching mandatory retirement age in 2000.[1][3] After Wick's retirement, the Treasury's International Finance command was merged into that of Macro-Economic Policy, led by Gus O'Donnell (later The Lord O'Donnell).[4]

After retirement, Wicks moved into finance; he served as Chairman of CRESTCo for a year from 2001 until it merged with Euroclear, where he was Deputy chairman 2002–2006 and since then as chairman. Wicks also served as a non-executive director of Morgan Stanley for three years from 2004, and of The Edinburgh Investment Trust since 2005.[1][3]

In public appointments, Wicks was appointed Chairman of the Committee on Standards in Public Life from 2001–2004, as Chair of the panel appointing the initial members of the then-new Judicial Appointments Commission in 2005, and since 2007 has been Commissioner of the Jersey Financial Services Commission.[1][2]

In October 2012, Wicks was appointed chairman of the British Bankers Association.

Personal lifeEdit

As well as his MA degree from the University of London, Wicks holds an MA degree from the University of Cambridge, and honorary LLD degrees from the Universities of Bath and Portsmouth. He is married with three sons.[1][2]

Wicks was appointed a Commander of the Order of the British Empire (CBE) in Prime Minister Callaghan's Resignation Honours list in 1979,[5] a Commander of the Royal Victorian Order (CVO) in the 1989 New Year Honours,[6] and a Knight Commander (KCB) in the 1992 New Year Honours,[7] and then promoted to a Knight Grand Cross of the Order of the Bath (GCB) in the 1999 New Year Honours.[8]

ReferencesEdit

  1. ^ a b c d e f g A & C Black (2012). "WICKS, Sir Nigel (Leonard)". Who's Who 2012, online edition. Oxford University Press. Retrieved 24 April 2012.
  2. ^ a b c d "Sir Nigel Wicks". Eurofi.net. Retrieved 24 April 2012.[permanent dead link]
  3. ^ a b c "Speaker Biography – Sir Nigel Wicks". 2002. Retrieved 24 April 2012.
  4. ^ HM Treasury (April 2002). "Annual Report, 2001/02" (PDF). Archived from the original (PDF) on 22 May 2009. Retrieved 24 April 2012.
  5. ^ "No. 55354". The London Gazette (Supplement). 14 June 1979. p. 2.
  6. ^ "No. 51578". The London Gazette (Supplement). 31 December 1988. p. 4.
  7. ^ "No. 52767". The London Gazette (Supplement). 31 December 1991. p. 3.
  8. ^ "No. 55354". The London Gazette (Supplement). 30 December 1998. p. 3.

Positions heldEdit

Diplomatic posts
Preceded by
Unknown
Economic Minister, British Embassy in Washington, D.C.
1983–1985
Succeeded by
Unknown
Government offices
Preceded by
Robin Butler
Principal Private Secretary
to the Prime Minister

1985–1988
Succeeded by
Andrew Turnbull
Second Permanent Secretary,
HM Treasury

1988–2000
Succeeded by
Gus O'Donnell
as managing director, Macro-Economic
Policy and International Finance
Preceded by
Lord Neill of Bladen
Chairman of the Committee on Standards in Public Life
2001–2004
Succeeded by
Sir Alistair Graham
Business positions
Preceded by
Scott Dobbie
Chairman, CRESTCo
2001–2002
Succeeded by
Pierre Francotte
as Chairman, Euroclear UK & Ireland
New title
Position created after merger with CRESTCo
Deputy Chairman, Euroclear
2002–2005
Succeeded by
Jean-Jacques Verdickt
Preceded by
Chris Tupker
Chairman, Euroclear
2006–2012
Succeeded by
Marc Antoine Autheman
Preceded by
Marcus Agius
Chairman, British Bankers Association
2012–
Incumbent