Select Committee on Treasury Eleventh Report


3  Dr Andrew Sentance

Background on Dr Andrew Sentance

12. Before his appointment, Dr Sentance was Chief Economist and Head of Environmental Affairs at British Airways Plc. Before that, he was Director of the Centre for Economic Forecasting at the London Business School. He is a visiting Professor at Royal Holloway and the University of Cranfield. Dr Sentance is also a fellow of the Society of Business Economists, where he was also Chairman from 1995 to 2000. Between 1992 and 1993, Dr Sentance was a member of the Treasury Panel of Independent Forecasters, sometimes referred to as the 'seven wise men'. Dr Sentance has also published numerous articles, especially concentrating in recent times on aviation economics. Dr Sentance holds both a PhD and MSc in economics from the London School of Economics.

Role as member of the MPC

13. In view of the economic and political importance of the MPC, there is a considerable degree of informed interest in both the general stance of its members and their individual positions at meetings. MPC members play a key role in representing that body to a wide range of audiences around the country and in gathering views.

14. Taking into account his previous experience, we questioned Dr Sentance on business investment, aspects of the labour market and how businesses have dealt with the recent movements in the oil price. We welcome the appointment of an additional economist with business experience to the MPC.

Assessment of personal independence and professional competence

15. We are satisfied that Dr Sentance fulfils our criteria for appointment and wish him every success in his new role as a member of the MPC.


 
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