TATE


TATE

Sir Howard Davies

Biography

I am the Director of the London School of Economics, and have been since September 2003. Before then, for 6 years, I was Chairman of the Financial Services Authority, the UK's financial regulator. Earlier in my career I was Deputy Governor of the Bank of England, Director General of the Confederation of British Industry and Controller of the Audit Commission for local authorities and the National Health Service.

I am a member of the Governing Body of the Royal Academy of Music, an Honorary Fellow of Merton College Oxford, and the Patron of Working Families, a charity which promotes family friendly working policies to government and to employers. I am also an Independent Director of Morgan Stanley Inc. in New York, and a non-executive Director of Paternoster Plc in London. I have a diary column in Management Today, and review books frequently for The Times, The Times Higher Education Supplement and elsewhere. I also write for the Financial Times.

Outside work, my leisure interests are, apart from visiting art galleries, theatre, football and playing cricket.

My own artistic tastes are eclectic. I have a particular enthusiasm for Wyndham Lewis and other 20th century British artists like Paul Nash and William Roberts. But I also enjoy abstract and minimalist art, for reasons I would find hard to describe.

Why I wanted to become a Tate Trustee

I have been a Tate Trustee since 2002, and chair both the Finance and General Purposes and Audit Committees. I also sit on the Remuneration and Audit Committees, and on the Tate Britain Council. I enjoy my role at the Tate, because it brings together my personal interests in British and modern art, and my background in corporate governance and finance. I think it important that arts organisations should demonstrate that they are efficient and well managed. Without those characteristics they will find it difficult to continue to attract both public and private support. The Tate is a large and complex business, which needs high quality financial controls and good governance.

Appointment Information

Appointed by: Prime Minister

Appointment: 20 May 2002

Re-Appointment: 31 May 2006

Term expires: 30 May 2010

Other Membership:

Declaration of Members' Interests between 1 April 2007 and 31 March 2008

Employment1

London School of Economics Director

Directorships of companies2

Morgan Stanley Inc. Director

Paternoster Plc

Membership of non-profit making organisations3

Royal Academy of Music Governor

Shareholding4

nil

Connections between Trustees and others connected with Tate5

Grant Thornton are now (since 7/07) the LSE's external auditors.

Any other interests6

I serve on Moody's European advisory council and GLG Partners Advisory Board

Signed and Dated by Howard J Davies on 31 March 2008.

Notes:

  1. Employment, remunerated trade, profession, public office or consultancy
  2. Directorships of companies, both public and private, both remunerated and unremunerated
  3. Membership of non-profit making organisations, clubs or associations and professional bodies which have significant dealings with Tate or whose activities could relate to Tate's work
  4. Names of companies and organisations in which the member or his/her family or associates has a controlling interest or shares or securities and which could be involved in the supply of goods or have business dealings with Tate
  5. This includes commercial interests with other Trustees, Tate's lawyers (Withers; Linklaters; Brachers) and Tate's auditors (National Audit Office; Baker Tilly; Grant Thornton; AHL Ltd. RSM Bentley and Grant Thornton will act as Tate's internal Auditors from 1 April 2008).
  6. Trustees are advised to declare anything which a member of the public, knowing the facts, might reasonably think is significant and relevant.