Press release: Dame Sue Owen reappointed as Non-Executive Chair of the UK Debt Management Office Advisory Board
Dame Sue was previously a civil servant for 30 years, including
serving as the Permanent Secretary at the Department for Culture,
Media & Sport from 2013 to 2019. She also worked on fiscal policy and
debt management policy at HM Treasury.
She was first
appointed to the role, which involves chairing Advisory Board meetings
and providing support and challenge to the Debt Management Office
(DMO) executive team, in 2022.
The Economic Secretary to the
Treasury, Emma Reynolds MP, said:
I am delighted that Dame Sue
Owen will be serving a second term at the Debt Management
Office.
Her expertise and experience has been, and will
continue to be, incredibly valuable to the organisation as it
continues its vital mission of delivering government
financing.
Dame Sue Owen said:
The DMO has an
exceptionally important role and I am very happy to have this further
opportunity to provide continuity and support to the CEO, her team,
and Treasury colleagues.
Jessica Pulay, Chief Executive of the
DMO, said:
Dame Sue Owen’s reappointment as Non-Executive Chair
of the DMO’s Advisory Board is greatly welcomed by myself, the DMO’s
executive team and wider DMO colleagues. We look forward to working
with her over the years ahead, as we continue to deliver the DMO’s
remit to finance the UK government.
Further
information:
The DMO is an Executive Agency of HM Treasury and
is responsible for delivering HM Government’s debt management and cash
management requirements, lending to local authorities, and managing
certain public sector funds.
Dame Sue Owen is the first Non-
Executive Chair (NEC) of the Advisory Board. The appointment of a NEC
was a recommendation included in the Tailored Review of the DMO,
published in June 2021.
This reappointment was made by HM
Treasury ministers, in line with the requirements of the Governance
Code for Public Appointments Dame Sue Owen DCB is an experienced and
respected economist. She spent 10 years as an academic and 30 years in
the civil service, including 14 years at HM Treasury, where she worked
with the DMO as a non-executive member of its Managing Board from
2002-06. She also held senior roles at the Foreign and Commonwealth
Office (FCO), Department for International Development (DfID), and the
Department for Work and Pensions (DWP), before retiring as Permanent
Secretary of the Department for Digital, Culture, Media & Sport in
April 2019. Dame Sue is now a specialist partner at Flint-Global, a
non-executive Director at Pool Re, Pantheon International plc, Methera
Global Communications and Serco plc, a trustee for Opera Holland Park
and she chairs the Royal Ballet Governors.