Overview
John Kingman is Global co-Head of the Financial Institutions Group at Rothschild. Until December 2009 he was Chief Executive of UK Financial Investments Ltd, the company managing the UK Government's investments in the banking system (Royal Bank of Scotland, Lloyds Banking Group, Northern Rock and Bradford & Bingley) having led the Government's negotiations with RBS, Lloyds TSB and HBOS on their recapitalisation in October 2008.
John was previously Second Permanent Secretary to the Treasury, where he was responsible for oversight and control of some £600bn of public spending annually. In 2007-8 John led on behalf of the Tripartite authorities the resolution process for Northern Rock, from a few days after the run until the bank was taken into public ownership.
Earlier Treasury roles have included Managing Director, Finance and Industry (2005-6) - in which capacity he chaired, on the Chancellor's behalf, the tripartite standing committee which oversees the stability of UK financial markets - Director, Enterprise & Growth Unit (2003-2005), Head, Productivity & Structural Reform (2000-02) and Press Secretary to the Chancellor (1998-2000).
John has been closely involved in a number of major independent reviews, including Myners (institutional investment), Sandler (retail savings), Higgs (corporate governance), Barker (planning and housing supply), Lambert (business/university collaboration) and Hampton (regulation). In 2004 John led cross-Government work on a 10 year framework for investment in science and innovation.
John has worked on the Lex column of the Financial Times (1995-97) and in the Group Chief Executive's office at BP (1997-98). John has also been a Board Director of the European Investment Bank, a non-executive director of Framestore CFC Ltd (Europe's largest visual effects business), a Visiting Fellow at the Institute of Political and Economic Governance at Manchester University and at the Institute for Government. In 2004 he spent four months as a World Fellow of Yale University. John has been a member of the Development Trust board of St-Martin-in-the-Fields and is a member of the Global Advisory Board of the Oxford University Centre for Corporate Reputation.