Former investment banker to be new SLC chair

The new chair of the Student Loans Company will be Chris Brodie, chair of council at the University of Sussex and a former investment banker

February 3, 2014

David Willetts, the universities and science minister, announced the appointment today.

The government is pursuing plans to sell the SLC’s pre-2012 loans, with banks and pension funds among potential buyers.

Mr Brodie retired in July 2013 from the role of vice-chairman of UBS Investment Bank.

Besides his Sussex role, he is chairman of the Chelsea and Westminster Health Charity, an NHS charity supporting the Chelsea and Westminster Hospital.

Mr Willetts said Mr Brodie “brings with him a wealth of experience at the highest levels from across the public, private and higher education sectors. His appointment will provide support and leadership to the SLC as it embarks on a major programme of transformation, replacing its ageing core ICT systems and fully embracing digital technologies to improve radically the way it delivers services to customers.”

Mr Willetts said he also wanted to extend his “deepest appreciation” to Dame Glynis Breakwell, the University of Bath vice-chancellor, “for her work and commitment over the past three months as the interim chair of the SLC”.

Ed Smith, the University of Birmingham pro-chancellor, had stepped down as chair of the SLC in the autumn.

The announcement comes amid a heated political row over claims Downing Street has “politicised” quango appointments by pushing out non-Conservatives. It follows comments by Baroness Sally Morgan, whose term as Ofsted chair is not being renewed by the government.

The Department for Business Innovation and Skills said in a press release on Mr Brodie’s appointment that in accordance with the Nolan principles on standards in public life “there is a requirement for appointees’ political activity (if any declared) to be made public”. It said Mr Brodie “has not been involved in any political activity in the last five years”.

You've reached your article limit

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 6 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments

Featured Jobs

Most Commented

United Nations peace keeper

Understanding the unwritten rules of graduate study is vital if you want to get the most from your PhD supervision, say Kevin O'Gorman and Robert MacIntosh

David Parkins Christmas illustration (22 December 2016)

A Dickensian tale, set in today’s university

Eleanor Shakespeare illustration (5 January 2017)

Fixing problems in the academic job market by reducing the number of PhDs would homogenise the sector, argues Tom Cutterham

poi, circus

Kate Riegle van West had to battle to bring her circus life and her academic life together

Houses of Parliament, Westminster, government

There really is no need for the Higher Education and Research Bill, says Anne Sheppard