Sir Howard Davies Howard Davies was appointed Chairman of the Royal Bank of Scotland on 1 September 2015. Prior to this, Howard was Chairman of the Phoenix Group between October 2012 and August 2015. He recently chaired the UK Airports Commission and was the Director of the London School of Economics and Political Science from 2003 until May 2011. Prior to this appointment Howard chaired the UK Financial Services Authority from 1997 to 2003. Previously, Howard was Deputy Governor of the Bank of England, after three years as the Director General of the Confederation of British Industry. Earlier in his career he worked in the Foreign and Commonwealth Office, the Treasury, McKinsey and Co, and as Controller of the Audit Commission. Howard is a Professor of Practice at the French School of Political Science in Paris (Sciences Po). Howard also chairs the Risk Committee at Prudential plc, whose board he joined in 2010. He is a member of the Regulatory and Compliance Advisory Board of Millennium Management LLC, a New York-based hedge fund. He has been a member of the International Advisory Council of the China Banking Regulatory Commission since 2003 and in 2012, was appointed Chairman of the International Advisory Council of the China Securities Regulatory Commission. Previously Howard was an independent Director of Morgan Stanley Inc. Howard has published five books focused on the financial markets and regularly writes for The Financial Times, Times Higher Education, Project Syndicate and Management Today.