Our history

TheCityUK was set up by industry leaders in 2010, following the recommendations of two separate reports. One was by HM Treasury, co-chaired by the then Chancellor Alistair Darling and former Citigroup Chairman Sir Winfried Bischoff; the other was commissioned by Boris Johnson when he was London Mayor and chaired by former Merrill Lynch EMEA Chairman Bob Wigley.

The reports, published in 2008 and 2009, proposed the formation of an independent body to represent the broad spectrum of sectors across the financial and related professional services industry to sustain London’s reputation as a global capital of finance. Its remit would cover the promotion of the UK as a world-leading international financial centre at home and overseas, the anticipation of strategically important trends, and the promotion of the industry’s value and contribution to the UK.

These remain fundamental ambitions of TheCityUK today.


Board Chairman

Stuart 400x400

Stuart Popham

Senior Partner, Clifford Chance

2010 - 2012

Advisory Council Chairman

Win 400x400

Sir Winfried Bischoff

Chairman of Lloyds Banking Group

2010 - 2014

Board Chairman

Gerry 400x400

Sir Gerry Grimstone

Chairman of Standard Life

2012 - 2015

Advisory Council Chairman

Lord Green 400x400

Lord Green of Hurstpierpoint

Ex Group Chairman of HSBC and ex Minister of State for Trade and Investment

2014 - 2015
(Stepped down and succeeded by Sir Gerry Grimstone in February 2015)

Board Chairman

John 400x400

John McFarlane

Chairman of Barclays

2015 - 2019

Advisory Council Chairman

Paul 400x400

Paul Manduca

Chairman of Prudential

2015 - 2019

Board Chairman

Mark 400x400

Mark E Tucker

Group Chairman of HSBC

2019 to date 

Leadership Council Chairman

Sir Adrian Montague 400x400 v4

Sir Adrian Montague

Chairman of Aviva

2019 to date
(Advisory Council renamed Leadership Council in 2020)