Sir John Kingman

John became chair of Legal & General in 2016. He was previously Second Permanent Secretary to HM Treasury, where he was responsible for policy relating to business, financial services and infrastructure. He is also Chair of UK Research and Innovation, which oversees UK Government science and innovation spending of over £7bn a year. At the […]

Current Positions

Chairman
Legal & General

Chairman
Tesco Bank

Member

Trilateral Commission

John became chair of Legal & General in 2016. He was previously Second Permanent Secretary to HM Treasury, where he was responsible for policy relating to business, financial services and infrastructure.

He is also Chair of UK Research and Innovation, which oversees UK Government science and innovation spending of over £7bn a year.

At the Treasury John was closely involved in the UK response to the financial crisis, handling the resolution of Northern Rock and leading negotiations with RBS, Lloyds and HBOS on their £37bn recapitalisation. He was the first Chief Executive of UK Financial Investments Ltd (UKFI). From 2010-12, John was Global Co-Head of the Financial Institutions Group at Rothschild.

John recently undertook an independent review of the Financial Reporting Council, recommending its replacement by a new statutory Audit, Reporting and Governance Authority and the ending of self-regulation of the major audit firms. The Government has committed to take forward these recommendations.

He is a World Fellow of Yale University, a member of the Trilateral Commission and chaired the judges for the 2017 Wolfson Economics Prize.

Sir John joined the Board of Tesco Bank in November 2019 and became Chairman of Tesco Bank in July 2020.