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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