Jeremy Peat
Encyclopedia
Jeremy Peat is a member of the Competition Commission
and the Director of the David Hume Institute. He is also chairman of the BBC
Pension Trust. He is a former member of the BBC Trust
, the governing body of the British Broadcasting Corporation, where he was the Scottish Trustee.
. He worked as an economist for various UK Government departments - including a brief spell at HM Treasury
and eight years at the Scottish Office
- and also carried his economic toolkit to assignments overseas, to Bangkok
in 1972-74 and Botswana
in 1980-84.
He was Group Chief Economist at the Royal Bank of Scotland
. On 1 July 2005 Peat was appointed the Director of the David Hume Institute.
He is a Fellow of both the Royal Society of Edinburgh
and the Chartered Institute of Bankers in Scotland
and is a member of the Competition Commission
.
(now Lord Smith of Kelvin). During his time on the board he was the chairman of the Audit Committee, a position Sir Robert also held.
Upon the formation of the BBC Trust
, Peat was one of four Governors (including Richard Tait
, Dermot Gleeson
and then Chairman Michael Grade
) who transitioned to the new governing body of the BBC
. On 1 November 2008 his term as a Trustee was extended until 31 December 2010.
Peat retired from the board of the BBC on 31 December 2010 after serving two terms. He retains his role Chairman of the BBC Pension Trust Board.
, and is a member of the Project Committee for the conservation of Rosslyn Chapel
. He is married, with two daughters.
Competition Commission
The Competition Commission is a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom...
and the Director of the David Hume Institute. He is also chairman of the BBC
BBC
The British Broadcasting Corporation is a British public service broadcaster. Its headquarters is at Broadcasting House in the City of Westminster, London. It is the largest broadcaster in the world, with about 23,000 staff...
Pension Trust. He is a former member of the BBC Trust
BBC Trust
The BBC Trust is the governing body of the British Broadcasting Corporation. It is operationally independent of BBC management and external bodies, and aims to act in the best interests of licence fee payers....
, the governing body of the British Broadcasting Corporation, where he was the Scottish Trustee.
Career
Peat trained as an economist at Bristol University and University College LondonUniversity College London
University College London is a public research university located in London, United Kingdom and the oldest and largest constituent college of the federal University of London...
. He worked as an economist for various UK Government departments - including a brief spell at HM Treasury
HM Treasury
HM Treasury, in full Her Majesty's Treasury, informally The Treasury, is the United Kingdom government department responsible for developing and executing the British government's public finance policy and economic policy...
and eight years at the Scottish Office
Scottish Office
The Scottish Office was a department of the United Kingdom Government from 1885 until 1999, exercising a wide range of government functions in relation to Scotland under the control of the Secretary of State for Scotland...
- and also carried his economic toolkit to assignments overseas, to Bangkok
Bangkok
Bangkok is the capital and largest urban area city in Thailand. It is known in Thai as Krung Thep Maha Nakhon or simply Krung Thep , meaning "city of angels." The full name of Bangkok is Krung Thep Mahanakhon Amon Rattanakosin Mahintharayutthaya Mahadilok Phop Noppharat Ratchathani Burirom...
in 1972-74 and Botswana
Botswana
Botswana, officially the Republic of Botswana , is a landlocked country located in Southern Africa. The citizens are referred to as "Batswana" . Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966...
in 1980-84.
He was Group Chief Economist at the Royal Bank of Scotland
Royal Bank of Scotland
The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
. On 1 July 2005 Peat was appointed the Director of the David Hume Institute.
He is a Fellow of both the Royal Society of Edinburgh
Royal Society of Edinburgh
The Royal Society of Edinburgh is Scotland's national academy of science and letters. It is a registered charity, operating on a wholly independent and non-party-political basis and providing public benefit throughout Scotland...
and the Chartered Institute of Bankers in Scotland
Chartered Institute of Bankers in Scotland
The Chartered Institute of Bankers in Scotland , which is now known as the Chartered Banker Institute, was established in 1875 and is the oldest banking institute in the world and the only remaining banking institute in the UK. It aims to help rebuild public confidence in banks and banking by...
and is a member of the Competition Commission
Competition Commission
The Competition Commission is a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom...
.
BBC
Peat joined the BBC on 1 January 2005 as the National Governor for Scotland on the former BBC Board of Governors, he replaced Sir Robert SmithRobert Smith (BBC)
Robert Haldane Smith, Baron Smith of Kelvin is a Scottish businessman, most notably known as a former Governor of the British Broadcasting Corporation before the advent of the BBC Trust. He is the present Chancellor of the University of the West of Scotland.-Early life & past career:Smith was...
(now Lord Smith of Kelvin). During his time on the board he was the chairman of the Audit Committee, a position Sir Robert also held.
Upon the formation of the BBC Trust
BBC Trust
The BBC Trust is the governing body of the British Broadcasting Corporation. It is operationally independent of BBC management and external bodies, and aims to act in the best interests of licence fee payers....
, Peat was one of four Governors (including Richard Tait
Richard Tait
Professor Richard Tait CBE, is Director of the Centre for Journalism Studies at Cardiff University and a member of the BBC Trust, the governing body of the British Broadcasting Corporation....
, Dermot Gleeson
Dermot Gleeson (BBC)
Dermot Gleeson is non-executive chairman of MJ Gleeson Group plc. He is a former member of the Board of Governors of the BBC, where he served two terms, and subsequently one of the original members of the BBC Trust, the current governing body of the British Broadcasting Corporation...
and then Chairman Michael Grade
Michael Grade
Michael Ian Grade, Baron Grade of Yarmouth CBE is a British broadcast executive and businessman. He was BBC chairman from 2004 to 2006 and executive chairman of ITV plc from 2007 to 2009.-Early life:...
) who transitioned to the new governing body of the BBC
BBC
The British Broadcasting Corporation is a British public service broadcaster. Its headquarters is at Broadcasting House in the City of Westminster, London. It is the largest broadcaster in the world, with about 23,000 staff...
. On 1 November 2008 his term as a Trustee was extended until 31 December 2010.
Peat retired from the board of the BBC on 31 December 2010 after serving two terms. He retains his role Chairman of the BBC Pension Trust Board.
Personal life
Peat lives in Roslin Glen, MidlothianMidlothian
Midlothian is one of the 32 council areas of Scotland, and a lieutenancy area. It borders the Scottish Borders, East Lothian and the City of Edinburgh council areas....
, and is a member of the Project Committee for the conservation of Rosslyn Chapel
Rosslyn Chapel
Rosslyn Chapel, properly named the Collegiate Chapel of St Matthew, was founded on a small hill above Roslin Glen as a Roman Catholic collegiate church in the mid-15th century...
. He is married, with two daughters.