John Vickers Explained

Honorific Prefix:Sir
John Stuart Vickers
Birth Date:1958 7, df=y
Discipline:Economics
Alma Mater:Oriel College, Oxford
Thesis Title:Patent races and market structure
Thesis Url:https://ora.ox.ac.uk/objects/uuid:9e3df3d2-b58a-48cc-b639-78c7c48bd3cd
Thesis Year:1985
Doctoral Advisor:James Mirrlees
Workplaces:Oxford University
London Business School
Princeton University
Harvard University
Awards:Knight Bachelor (2005)

Sir John Stuart Vickers (born 7 July 1958)[1] is a British economist and the Warden of All Souls College, Oxford.

Education

Vickers studied at Aylesbury Grammar School and Oriel College, Oxford. He graduated with a DPhil from the University of Oxford.

Career

After starting a profession in the oil industry, Vickers left and began teaching economics at Oxford University. From 1991 to 2008, Vickers was the Drummond Professor of Political Economy. In 2008, Sir John Vickers was elected as Warden of All Souls College, Oxford. His visiting academic posts have included the London Business School, the Woodrow Wilson School at Princeton University, and Harvard Kennedy School at Harvard University. From 2003 until 2007, Vickers was President of the Institute for Fiscal Studies and then became President for the Royal Economic Society from 2007 to 2010.

In 1998, Vickers became chief economist at the Bank of England for two years. He was also notably a member of the Monetary Policy Committee. From 2000 to 2005, he became the chairman of the Office of Fair Trading.

In June 2010, Vickers became chair of the Independent Commission on Banking (ICB) founded in the United Kingdom.[2] The ICB's task is to consider both structural and non-structural reforms to the UK banking sector to promote financial stability and competition (in the aftermath of the banking crisis of 2008). The commission made its final recommendations to the UK government in September 2011, namely the introduction of the ring fencing of retail from investment banking in order to protect against financial riskiness.[3]

Research and publications

Vickers has written on a number of varying economic topics. His current economic research focuses on competition and regulation.[4]

Honours

He was knighted in 2005.

In 2012, he was awarded the President's Medal by the British Academy.[5]

Notes and References

  1. News: Birthdays . . 31 . Guardian Media . 7 July 2014 .
  2. Web site: Sir John Vickers to Chair the Independent Commission on Banking . HM Treasury . 2010-06-16 . 2011-09-12.
  3. News: Banks face major reorganisation. BBC. BBC News. 12 December 2011. 12 September 2011.
  4. Web site: Oxford University, Department of Economics | John Vickers . Economics.ox.ac.uk . 2011-09-12 . dead . https://web.archive.org/web/20110926211638/http://www.economics.ox.ac.uk/index.php/staff/vickers/ . 2011-09-26 .
  5. Web site: The British Academy President's Medal. British Academy. 23 July 2017.