Andrew Sentance

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Dr Andrew Sentance
Member of the Monetary Policy Committee
In office
October 2006 – May 2011
GovernorMervyn King
Personal details
Alma materClare College, Cambridge, London School of Economics
ProfessionEconomist
WebsiteProfile
 
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Dr Andrew Sentance
Member of the Monetary Policy Committee
In office
October 2006 – May 2011
GovernorMervyn King
Personal details
Alma materClare College, Cambridge, London School of Economics
ProfessionEconomist
WebsiteProfile

Andrew Sentance, CBE[1] (born 1958) is Senior Economic Adviser to PwC, a position he took up in November 2011.[2] He was an external member of the Monetary Policy Committee of the Bank of England from October 2006 to May 2011.

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Qualifications

Sentance was born in Bebington on the Wirral and grew up in south-east London. He was educated at Eltham College, Clare College, Cambridge and the London School of Economics. At Eltham College, he studied Economics, Mathematics and History at A Level, and at Clare College gained a BA (Hons, 2.1) in Economics, graduating in 1980. His postgraduate studies were carried out at the London School of Economics, completing an Economics MSc (1981-82) and a PhD - submitting his thesis The Government as employer: a macroeconomic analysis in 1987.

He is a part-time Professorial Fellow at the University of Warwick, based at Warwick Business School where he is developing research into the future Low Carbon Society. He holds a visiting professorship at Royal Holloway, University of London, and was awarded an honorary D.Sc by the University of London in 2008. He is also a Fellow and former Chairman of the Society of Business Economists.

Previous career

Before joining the Bank of England, Sentance held various economic positions. He was Head of Economic Policy and Director of Economic Affairs at the C.B.I., where he worked from September 1986 until December 1993. In January 1994, he joined London Business School, where he was a Senior Research Fellow and subsequently Director of the Centre for Economic Forecasting.

In 1998, he joined British Airways where he was Chief Economist and Head of Environmental Affairs. He was one of the five senior managers appointed in 2001 to prepare the company's "Future Size and Shape" turnaround plan, and chaired the Investment Committee of the BA Pension Funds from 2002 until 2006.

Advice to Government

Sentance was a founder member of the Treasury’s Panel of Independent Forecasters which provided advice to the Chancellor of the Exchequer during the Conservative Government in the 1990s. He also acted as a government adviser on official statistics and corporate social responsibility in the 1990s and 2000s. He was appointed to the Monetary Policy Committee of the Bank of England by the Chancellor of the Exchequer in 2006, and served on the Committee from 1 October 2006 until 31 May 2011. He was the most vociferous inflation hawk on the MPC, consistently calling for interest rate rises from June 2010 until his term ended in May 2011.[3] He was replaced by Ben Broadbent.[4]

He is a former member of the Commission for Integrated Transport (2006-10) and also acted as an expert adviser to the Department for Transport on the framework of regulation for UK airports. He was a member of the Green Fiscal Commission (2007-9) and in 2010/11 chaired a UK Government expert group on the International Dimensions of Climate Change.[5]

Sentance was appointed Commander of the Order of the British Empire (CBE) in the 2012 New Year Honours for services to the economy.[6]

Family and interests

Andrew Sentance is 53 (as of 2011) and is married with two children. His main interest outside work is music. He plays the piano, organ, guitar and bass guitar and is a member of a band called ‘Revelation’.[7] He is also involved in local church activities in Horndon-on-the-Hill, Essex, where he lives. Sentance takes a keen interest in environmental affairs and also in charity work: he is a trustee of Build It International, a development charity, and a former trustee of the charity Harvest Help (now known as Self Help Africa) as well as a former trustee of the Anglo-German Foundation.

References

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