John Stuart Vickers | |
---|---|
Born | (1958-07-07)7 July 1958 (age 66) |
Awards | Knight Bachelor (2005) |
Academic background | |
Alma mater | Oriel College, Oxford |
Thesis | Patent races and market structure (1985) |
Doctoral advisor | James Mirrlees |
Academic work | |
Discipline | Economics |
Institutions | Oxford University London Business School Princeton University Harvard University |
Sir John Stuart Vickers (born 7 July 1958)[1] is a British economist and theWarden of All Souls College, Oxford.
Vickers studied at Eastbourne Grammar School andOriel College, Oxford. He graduated with aDPhil from theUniversity of Oxford.
After starting a profession in the oil industry, Vickers left and began teaching economics atOxford University. From 1991 to 2008, Vickers was theDrummond Professor of Political Economy. In 2008, Sir John Vickers was elected asWarden ofAll Souls College, Oxford. His visiting academic posts have included theLondon Business School, theWoodrow Wilson School atPrinceton University, andHarvard Kennedy School atHarvard University. From 2003 until 2007, Vickers was President of theInstitute for Fiscal Studies and then became President for theRoyal Economic Society from 2007 to 2010.
In 1998, Vickers became chief economist at theBank of England for two years. He was also notably a member of theMonetary Policy Committee. From 2000 to 2005, he became the chairman of theOffice of Fair Trading.
In June 2010, Vickers became chair of theIndependent 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]
Vickers has written on a number of varying economic topics. His current economic research focuses on competition and regulation.[4]
Vickers wasknighted in 2005.
In 2012, he was awarded thePresident's Medal by theBritish Academy.[5]
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