Adair Turner led the Financial Services Authority (FSA) as Chairman from September 2008 until its abolition in March 2013, playing a pivotal role in redesigning global banking and shadow banking regulation during the global financial crisis. His distinguished career includes serving as Director-General of the Confederation of British Industry (CBI) from 1995 to 1999, where he advocated for British membership in the euro. From 2000 to 2006, he was Vice-Chairman of Merrill Lynch Europe. Earlier, he became a Director at McKinsey & Co in 1994, contributing to the expansion of its Eastern European and Russian operations after joining in 1982.
During this tenure, he authored the influential book ‘Between Debt and the Devil: Money, Credit, and Fixing Global Finance’ (2015), building on his earlier work ‘Economics After the Crisis’ (2012). In 2015, he also co-authored the foundational report that launched the Global Apollo Programme, advocating for substantial investment in carbon-free baseload electricity. Currently, Turner chairs the Energy Transitions Commission, an international coalition dedicated to achieving net-zero emissions. His corporate governance expertise is evident in his board roles, including joining OakNorth Bank in 2015 and his appointment as its Chairman in 2023.
He also served as a non-Executive Director at Prudential plc from 2015. Elected an Honorary Fellow of the Royal Society in 2016, he continues to share his insights through visiting professorships at institutions such as the London School of Economics and Cass Business School.