Sir David Clementi was appointed as Chairman of the BBC in February 2017.
Clementi was Chairman of Virgin Money from 2011-2015, Chairman of Prudential plc. from 2002-2008, and Deputy Governor of the Bank of England from 1997-2002 where, in addition to his membership of the Monetary Policy Committee, he was responsible for the day-to-day management of the Bank. Prior to this, he worked at Kleinwort Benson for 22 years, including as Chief Executive.
Clementi's experience of governance issues covers both commercial and not-for-profit organisations. He has served on the Board of the Financial Reporting Council, responsible for the Combined Code of Corporate Governance. He has also chaired the Audit Committee of Rio Tinto, and acted as Senior Independent Director and Chairman of the Finance and Audit Committee at the Royal Opera House.
From 2003-2004, Clementi carried out a review for the Ministry of Justice of the regulatory framework for legal services in England and Wales – the main recommendations of which formed the basis of the Legal Services Act 2007. In 2015 he was asked by the Secretary of State for Culture, Media & Sport to review the governance and regulatory arrangements for the BBC, reporting in March 2016.
In addition to his role at the BBC, Clementi is Chairman of King’s Cross Central Partnership. He is an Honorary Fellow of Lincoln College, Oxford, and an Honorary Member of the Royal Institution of Chartered Surveyors.