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Hogg, Charlotte – Grantham MP’s daughter became a top banker

February 17, 2017 1 Comment

The Hon Charlotte Mary Hogg (B1970)

Born in London, both of Charlotte’s parents hold peerages in their own right: her father Douglas is the 3rd Viscount Hailsham, former Member of Parliament for Grantham and hereditary peer, while her mother is the Baroness Hogg, a life peer.

She was brought up at Honington, near Ancaster, then Kettlethorpe Hall in Kettlethorpe.

Educated at St Mary’s School, an all-girls independent Catholic school in Ascot – her mother’s former alma mater – she studied economics and history at Hertford College, Oxford and graduated from the University of Oxford with a Bachelor of Arts (BA) degree.

From 1991 to 1992, having been selected as a Kennedy Scholar, she undertook further study at Harvard University. I

She  married management consultant Steve Sacks at the parish church of St Peter and St Paul, Kettlethorpe, in 1999 and they have two children. He is also a director of the English National Ballet.


She began her career at the Bank of England as a graduate trainee from 1992 to 1994. From 1994 to 2001, she worked for McKinsey & Company in Washington, D.C., United States.

She then moved to Morgan Stanley where she was Managing Director for Strategy and Planning between 2001 and 2007. From 2007 to 2008, she worked for the Morgan Stanley spin-off, Discover Financial Services.

In 2008, she returned to the UK to join Experian and was appointed a Managing Director with responsibility for the UK and Ireland operations. She moved to Santander UK in September 2011 as head of high street operations. In 2012, she earned £2.5 million.

In 2013, she was selected as the Bank of England’s first Chief Operating Officer (COO).

She is the most senior female employee in the bank’s history, effectively the deputy to the Governor of the Bank of England. She was responsible for the day-to-day management of the bank, including human resources, finance, property, IT, and security.

As COO, she had the same status and the same remuneration as a Deputy Governor.

In February 2017, it was announced that Hogg had been appointed a Deputy Governor of the Bank of England but was forced to resign the following month following a Parliamentary review.

Filed Under: Hall of Fame

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Comments

  1. granthamdoesmatter says

    March 14, 2017 at 5:06 pm

    This entry needs up-dating!!

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