loader image
Biography

About

Gerard is one of the UK’s most celebrated economists, possessing expertise across a wealth of areas. He is at the forefront of the major global economic and financial issues of the day, while also on top of the latest public policy debates in both the UK and across Asia.

With excellent connections and over thirty years of experience, he is able to analyse and explain the latest global trends and complex issues in an easy to understand way.

Take a look at his career timeline below.

Current roles & some examples of his expertise

Currently Gerard holds a portfolio of roles, including:

  • Chief Economic Strategist and shareholder at Netwealth, the award winning challenger wealth manager
  • Board Member – Bank of China (UK)
  • Board Member – BGC Brokers, the world’s largest inter-deal brokers
  • Senior Fellow – Policy Exchange, the influential centre-right UK think-tank
  • Advisory Board – Grantham Institute on Climate Change and the Environment at the London School Economics and Imperial College London
  • Advisory Board – Warick Business School
  • Advisory Council – Official Monetary and Financial Institutions Forum
  • Member – The UK’s Economy Honours Committee

Prior to this Gerard held other senior roles in the City, including being Chief Economist, Global Head of Research and Advisor to the Board at Standard Chartered Bank between 1999-2012. While there he ran a global team of 184 people and was also a member of the Bank’s senior management team, sitting on its Wholesale Markets Management team, Risk Management committee and Executive Forum. In 2010 and 2011, Bloomberg ranked his team as the most accurate economic forecasters globally.  But before this, in 2008 a month before Lehman Brothers collapsed, Gerard was one of just two UK economists predicting a deep imminent recession.

Before this, Gerard was Chief Economist and Executive Director at Dai-Ichi Kangyo Bank International, then the world’s biggest bank, from 1989-1999. While there, Gerard predicted Japan’s lost economic decades and had a regular column in the Nikkei.

Gerard has made many high-profile non-consensus accurate predictions about the economy. In addition to predicting Japan’s lost decades, a deep imminent recession in 2008,  he also predicted that the Lawson Boom would end in a bust, argued for the economic benefits of leaving the European Rate Mechanism and back in 1999 he predicted the difficulties the Euro would encounter.

Alongside an excellent forecasting record, Gerard’s analysis of the UK and global economy – particularly emerging markets –  has regularly been sought by policymakers, including politicians and central bankers , both at home and abroad. He has testified to committees of the US Congress and Senate, to committees in both the UK’s House of Commons and Lords and his paper ‘Banking the Unbanked’ was presented at the Commonwealth Finance Ministers Conference in 2005. In 2008, he was the Lead Advisor on the Business Council for Britain set up by Prime Minister Gordon Brown. Between 2008-2016 he was a member of the International Council of The Bretton Woods Committee. Meanwhile, between 2009-2014 he sat on several Councils and was on the Expert Committee of the World Economic Forum. In 2011, he was an inaugural member of the EU Commission’s Network of China Experts.  From 2012-2016, he was Boris Johnson’s Chief Economic Advisor when he was Mayor of London. In the latter role, he championed London globally and was a key driver of the London Living Wage. And in 2019, he was also a contender to be Governor of the Bank of England.

Gerard is also widely recognised as an impressive public speaker. He has spoken on panels at the International Monetary Fund, Institute of International Finance, World Economic Forum, Asian Development Bank among other international fora. In 2005, he spoke in Beijing’s Great Hall of People at the EU-China Summit. He was asked by the Institute of International Finance to represent the financial sector in ‘The World Debate’ at the 2010 World Economic Forum meeting in Davos, which was televised live globally by the BBC. While, in 2018 he gave a keynote speech at the inaugural Shanghai Import-Export. These are just some of Gerard’s many high-profile speaking engagements.

His contribution to economics has been recognised by his peers. In 2010 he was elected by the economic members to serve a five-year term on the Council of the Royal Economic Society, and he also joined the strategy group. Additionally, in 2011 he was made a Fellow of the Society of Professional Economists.

Career timeline

^
BGC Europe
Non-Executive Director
Since March 2021
^
Policy Exchange
Senior Fellow
Since March 2020
^
Netwealth
Chief Economic Strategist and Shareholder
Since May 2016

“Not many wealth management firms can boast a chief economic strategist with the CV and public profile of Gerard Lyons” – CityAM (2016)

“Gerard Lyons among City titans behind new ‘robot’ advisor to the rich” – The Telegraph (2016)

^
Bank of China
Independent Non-Executive Director
Since 2016
^
University of Warwick Business School
Advisory Board
Since 2014
^
Official Monetary and Financial Institutions Forum
Advisory Council
Since 2012
^
The Society of Professional Economists
Fellow
Since 2011
^
Grantham Research Institute on Climate Change and the Environment
Advisory Board
Since 2008
^
Centre for Social  Justice
Economic Advisor
2018-2019
^
Clean Brexit, Biteback Publishing
Co-Author

2018

One of The Economists ‘Best books on Brexit’

“A truly global vision” – The Economist

“The best, well-argued case for Brexit…A persuasive read” – The Times

^
Policy Exchange
Chief Economic Adviser
2016-2017
^
Vivid Economics
Advisory Board
2015-2019

Acquired by McKinsey.

^
Parker Fitzgerald
Advisor
2015-2019

Acquired by Accenture.

^
Queen Mary, University of London, School of Economics  
Member of the Advisory Board
2015-2019
^
TheCityUK
Board Member
2015-2016
^
London Stansted Cambridge Commission
Commissioner
2015-2016
^
The Royal Society for Asian Affairs
Member of the Council
2014-2016
^
ANA International Airways
International Advisory Board Member
2014-2015
^
The Consolations of Economics, Faber & Faber
Author
2014

One of The Telegraph’s Books of the Year.

Translated into Chinese, Portuguese, Korean and German.

Serialised in The Sunday Times and The Sunday Telegraph.

^
Chief Economic Adviser to the Mayor of London, Boris Johnson
2013-2016

“StanChart star signing is a bargain for Boris…in 2010 and 2011 Bloomberg rated him Numero Uno of the 360 economists marked worldwide” – Evening Standard (2012)

“A City banker who predicted the financial crash was today appointed as Boris Johnson’s chief economic advisor” – Evening Standard (2012)

“He’s plainly an extremely able and well-connected man. His precise duties in his new role will, hopefully, become more defined in time. His usefulness to the final-term Boris Johnson in making City Hall a platform for his larger ambitions already looks pretty clear” – The Guardian (2012)

“Boris Johnson has appointed leading City economist Gerard Lyons as his chief economic adviser” – The Guardian (2012)

“(Johnson) has appointed Gerard Lyons, former chief economist at Standard Chartered Bank, as his chief economic adviser. Mr Lyons, a well-known and respected City figure who predicted problems of the eurozone as far back as 1999” – The Independent (2013)

“Boris Johnson has attracted some very good advisors, such as Standard Chartered chief economist Gerard Lyons” – Evening Standard (2013)

“Boris relies on the widely respected economic forecaster – who predicted an imminent deep UK recession before the collapse of Lehman Brothers” (2013)

“Boris Johnson hires top City economist Gerard Lyons” – The Telegraph (2012)

^
DealGlobe
Advisor
2012-2017
^
Chatham House Task Force on Gold and the International Monetary System
Member
2012
^
Europe Union Commission’s Network of China Experts
Inaugural member
2011-2012
^
Open Europe
Advisory Board
2010-2017
^
Royal Economic Society
Council Member and Member of the Strategy Group
2010-2015
^
World Economic Forum
Member of Councils
2009-2014

Global Agenda Councils on Financing & Capital (2013-14)

Banking and Capital Markets (2011-12)

Global Investment Flows (2009-10)

Sat on the Expert Committee of the WEF’s annual Financial Development Report for several years.

^
The Bretton Woods Committee
Member of the International Council
2008-2016
^
Prime Minister Gordon Brown’s Business Council for Britain
Lead Advisor
2007-2008
^
University of Warwick
Member of the Council
2006-2012
^
Standard Chartered
Chief Economist & Global Head of Research & Adviser to the Board
1999-2012

“Where next for the economist who called the global downturn?” – The Times (2012)

“Forget Reservoir Dogs – Standard Chartered economists are top dogs” – Evening Standard (2012)

“Gerard Lyons, one of the best-known and oftquoted economists in the City, today resigned from his job at Japanese bank DKB International to join Standard Chartered” – The Daily Mail (1999)

^
Royal Society of Arts
Fellow
1994 – 2012
^
Nikkei Asia
Columnist
1992-1999
^
Dai-ichi Kangyo Bank
Chief Economist & Executive Director
1989-1999

Financial Times and The Observer’s ‘Economists’ hall of fame’ (1991)

^
Swiss Bank Corporation
Chief UK Economist
1986-1989
^
Chase Manhattan Bank
Economist
1985-1986

Useful links

Privacy Policy
Terms & Conditions

Icons made by Freepik from www.flaticon.com