Charles Roxburgh has been promoted to the role of second permanent secretary at the Treasury.
Roxburgh steps into a role previously held by John Kingman, who has been acting permanent secretary since the departure of Nicholas Macpherson in April. Kingman is now leaving the deparmtent to become the new chair of Legal & General.
As second permanent secretary, Roxburgh – who has been director general of financial services at the finance ministry since 2013 – will now oversee the Treasury’s growth, financial services and infrastructure agendas.
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He joined the department in 2013 from McKinsey & Co, where he worked for 26 years, most recently as a senior partner, and served on the consultancy’s global board.
Since joining the Treasury, Roxburgh has been responsible for all issues relating to financial services, financial regulation and stability, as well as sitting on the Financial Stability Board, an international body that monitors and makes recommendations about the global financial system.
He also represented the Treasury on the Bank of England’s Financial Policy Committee.
Roxburgh has a Classics degree from Cambridge University, and an MBA from Harvard Business School.
He is married to the Foreing and Commonwealth Office's chief operating officer and former ambassador to Afghanistan, Karen Pierce.