Dr Andrew Sentance CBE - full CV

EDUCATION

BA (Hons, 2.1) and MA in Economics (Clare College, Cambridge, 1977-80)

MSc in Economics (London School of Economics, 1981-82)

PhD in Economics (London School of Economics, 1983-86) - Thesis title: “The Government as employer: a macroeconomic analysis"

Honorary DSc (Royal Holloway, University of London, 2008)

HONOURS

CBE (Commander of the Order of the British Empire), New Year Honours 2012  

CURRENT  EMPLOYMENT

PricewaterhouseCoopers LLP (since Nov 2011)

Senior Economic Adviser

·      Advising on adapting business strategies to a changing economic environment

·     Developing frameworks for integrating sustainability into mainstream business and economic thinking

·     Providing regulatory, policy and strategic advice relating to aviation and transport

·      Raising profile of PwC Economics Practice and supporting its development

Warwick University (since 2006)

Part-time Professorial Fellow, Centre for the Study of Globalisation and Regionalisation (2006 - 2008)

Part-time Professor of Sustainable Business, Warwick Business School (2008 - present)

PREVIOUS  EMPLOYMENT

Bank of England (2006 -2011)

Member of Monetary Policy Committee

·      Key UK economic policy-maker through the financial crisis, recession and into recovery

·      Second longest-serving business economist in history of MPC

·      Twenty-seven major public speeches and high media profile

·      Strong track record of engagement with business and financial community

British Airways plc (1998-2006)

Chief Economist (1998-2006) and Head of Environmental Affairs (2003–6)

·      Heading a team responsible for economic and industry analysis, regulatory advice and corporate environmental policy

·      Contributing to development of corporate strategy

·      Influencing government and regulators on airline competition, airport policy and environmental issues

·      Playing a key role in developing an aviation industry position on emissions trading and climate change

·      Trustee and Chairman of Investment Committee for BA Pension Funds (APS and NAPS)

Key achievements at BA

·      Member of senior management team (“Gang of 5”) appointed by Rod Eddington to lead “Future Size and Shape” strategic review after 9/11 attacks;

·      Playing a key role in developing economic and environmental case for 3rd Heathrow runway, leading to government support in 2003 Aviation White Paper;

·      Helping to secure BA, industry and government support for emissions trading as response to global warming contribution of aviation. BA joined UK Emissions Trading Scheme in 2001;

·      Raising the profile of BA’s environmental stance, both within the company and externally;

·      Leading BA’s input to two CAA reviews of airport regulation and charges, leading to rejection of “dual till” approach to regulation and separate regulation of London airports

·      Developing a more robust framework for BA revenue forecasts, producing more reliable projections, including in the aftermath of 9/11attacks

·      Analysing impact of increased competition and globalisation on industry demand and revenue trends, supporting BA fleet restructuring and changes to network strategy

·      Developing and presenting BA case to the Competition Commission CityFlyer Express enquiry (1999), resulting in regulatory approval for acquisition

London Business School (1994-97)

Director, Centre for Economic Forecasting (1995-97); Senior Research Fellow (94-95)

·      Providing intellectual and managerial leadership for the Centre

·      Projecting analysis of the UK and international economy to the media, business executives and policy-makers

·      Teaching and research as a member of LBS Economics faculty

Key achievements at LBS

·      Published around 40 reports, substantial journal articles and book chapters on a wide range of topical economic and business issues

·      Edited London Business School Economic Outlook

·      Strengthened business interest in and support for Centre by more effective targeting of research and launch of LBS Economic Policy Forum for business executives

·      Helped to secure renewal of core funding from ESRC and generate additional funding from public bodies and research trusts

·      Member of a number of inquiries and commissions on major public policy issues, including the “Dahrendorf Commission” on Wealth Creation and Social Cohesion (1994-95) and NAPF Retirement Income Inquiry (1995-96)

·      Regular contributor to the media on economic issues

·      Consultant to a number of business organisations, including acting as Chief Economic Adviser to the British Retail Consortium, 1995-97

Confederation of British Industry (1986-93)

Responsible for Economic Policy and Analysis, culminating in promotion to Director, Economic Affairs (1989-93)

·      Developing CBI economic policy and analysis of UK and international economies

·      Managing CBI Economic Affairs Directorate, including tax department

·      Lobbying government on economic matters in support of CBI policy

·      Acting as senior CBI media spokesman on economic issues

 Key achievements at CBI

·      Strengthened quality of CBI economic analysis and policy recommendations, raising its profile and influence at a critical period for UK economic management

·      Lead author of influential CBI reports - eg City/Industry relations (1987), European Monetary Union (1989), UK inflation (1991) and UK manufacturing performance (1992)

·      Extended CBI surveys to cover financial services and provide regional results

·      Pioneered UK business thinking on problem of lack of “competitiveness” in European economies, leading to major UNICE (European business organisation) initiative in mid-1990s

·      Appointed as one of the original members of the Treasury Panel of Economic Forecasters (the “seven wise men”)

·      Became a leading media commentator on UK and European economic issues

·      Provided advice to government on statistical issues, serving on RPI and CSO (later ONS) advisory committees

 

PROFESSIONAL AND ADVISORY

Treasury Panel of Independent Forecasters (the “seven wise men”), 1992-93

Society of Business Economists - Chairman (1995-2000), Deputy Chairman (2000-2003),  Council member (1991-2003), Fellow (2001-present)

Office for National Statistics (formerly Central Statistics Office) Advisory Committee,1992-98

Retail Prices Index Advisory Committee, 1989-90 and 1992-94

Dahrendorf Commission on Wealth Creation and Social Cohesion, 1994-95

National Association of Pension Funds (NAPF) Retirement Income Inquiry, 1995-96

Hundred Group of Finance Directors, EMU Working Group, 1996-97

Visiting Professor, Royal Holloway, University of London (1998-present)

Trustee, Anglo-German Foundation (2001-2009)

Member of United Nations International Civil Aviation Organisation Emissions Trading Task Force (2005-6) and Market-Based Instruments Working Group (1999-2004)

Advisory Board, Air Transport Action Group (2000-2006)

Department of Trade and Industry Corporate Responsibility Skills Steering Group (2003-4)

Member, Commission for Integrated Transport (2006-2010)

Member, Green Fiscal Commission (2007-2009)

Department for Transport Airport Regulation Expert Group (2008-2009)

Chair, Foresight Programme International Dimensions of Climate Change Expert Group (2010-2011)

PUBLICATIONS

Co-author (with Richard Layard) of How to Beat Unemployment (OUP, 1986)

Author of around 80 substantial articles, book chapters and reports on economic, business and environmental issues, as well as numerous other contributions to newspapers, magazines and broadcast media.

PERSONAL

Age 53, married with 2 children. Interests include:

·      playing acoustic guitar, bass guitar, piano and church organ

·      member of Revelation – a South Essex band performing classic rock

·      politics, history, current affairs and sport

·      family history research