Sir David Lees

Former Chairman, Bank of England


Sir David Lees was educated at Charterhouse, Godalming, Surrey. He trained as a Chartered Accountant and became a Fellow of the Institute of Chartered Accountants in 1962.
Prior to joining Binder Hamlyn he was a 2nd Lieutenant in the Royal Artillery from 1955-57.
From 1964-68 Sir David was Chief Accountant at Handley Page Limited.
Sir David joined the GKN Group in 1970 as Chief Accountant at GKN Sankey Limited, becoming Director, Secretary, Controller from 1973-76.
He moved to GKN pic as Group Finance Executive in 1976, becoming Finance Director in 1982. He became Chairman and Chief Executive in May 1988. He retired as Chief Executive at the end of 1996 but continued as Chairman until May 2004.
Sir David became Chairman of Tate & Lyle PLC in October 1998 and retired in July 2009. In August 2005 he was appointed a Non-Executive Director of QinetiQ Group pic and was appointed Deputy Chairman in September 2005 retiring in January 2012. In June 2009 Sir David was appointed Chairman of the Court of the Bank of England. From March 1991 to May 1999 he was a Non-Executive Director ofthe Bank of England.
Sir David was Chairman of Courtaulds pic from July 1996 to September 1998, having been a Non-Executive Director since 1991.
In March 1998 he was appointed to the Board of the Royal Opera House retiring in August 2008. In June 2001 he was appointed to The Panel on Takeovers and Mergers.
He became a Governor of Shrewsbury School in 1986 and Chairman of the Governing Body in 2004 retiring at the end of 2007.
Sir David was appointed a Knight Bachelor in The Queen’s Birthday Honours List in July 1991.
In July 1996, Sir David received the Officer’s Cross of the Order of Merit of the Federal Republic of Germany and in 1999 received The ICAEW Award for Outstanding Achievement. In November 2007 he was commissioned to be a Deputy Lieutenant of Shropshire.
He became The Honorary Patron of Shrewsbury Town FC in January 2010.