The Economic Secretary to the Treasury has reappointed Martin Egan as a Non-Executive Director of the UK Debt Management Office (DMO) Advisory Board.
The Economic Secretary to the Treasury, Lucy Rigby KC MP, has reappointed Martin Egan as a Non-Executive Director of the UK Debt Management Office (DMO) Advisory Board.
In this role Martin will continue supporting the DMO's Chief Executive and senior team and bring considerable experience, skills and judgement to the full array of Advisory Board issues.
Martin will serve a second three-year term.
Economic Secretary to the Treasury, Lucy Rigby KC MP said:
"I am very pleased to confirm the reappointment of Martin Egan.
"His extensive knowledge and experience will continue to support the Debt Management Office in delivering its objective to support economic stability by effectively managing government debt."
Dame Sue Owen, Non-Executive Chair, DMO Advisory Board, said:
"I fully support this reappointment. Martin brings the deep market knowledge and perspective that is so valuable to the Advisory Board and DMO executives."
Jessica Pulay, Chief Executive Officer, UK Debt Management Office, said:
"I am delighted that Martin Egan will continue to serve on our Advisory Board as a Non-Executive Director. Martin's knowledge and experience has been of immense value to the DMO since he joined the Advisory Board and we look forward to his continuing contribution over the coming years."
About Martin Egan
Martin Egan has 39 years of experience in financial markets. Most of his career was spent at BNP Paribas in various roles including Managing Director Global Co-Head Primary and Secondary Credit, Vice Chairman of the Global Markets Client Board, and Chair of BNPP UK Ltd. He was also Chair of the Diversity and Inclusion Network at BNPP UK. Earlier in his career he held roles at JP Morgan Ltd., UBS Investment Bank and Credit Suisse First Boston.
Martin was also the Chair of the Board of the International Capital Market Association from May 2017 to May 2018, and a member of the Board for another 5 years before that.
Martin confirmed he has not engaged in any political activity in the last five years.
About the appointment process
The DMO is an executive agency of HM Treasury which is responsible for debt and cash management for the UK Government, lending to local authorities and managing certain public sector funds.
This reappointment was made by HM Treasury ministers, in line with the requirements of the Governance Code for Public Appointments.
