U.K. Treasury Hires McKinsey Partner to Head Financial Services

The U.K. Treasury hired McKinsey & Co. partner Charles Roxburgh to head its financial-services division, overseeing all issues relating to banks and the financial system.

Roxburgh replaces Jonathan Taylor, who will become vice- president of the European Investment Bank, the Treasury said in an e-mailed statement today. A graduate of Cambridge University and Harvard, Roxburgh joined McKinsey in 1986 to become head of relations with financial-services companies and head the McKinsey Global Institute, a research arm of the firm.

To contact the reporter on this story: Gonzalo Vina in London at gvina@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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