Advisory Group Chair, Department for Digital, Culture, Media & Sport
Elizabeth is non-executive Vice-Chair of Allianz Global Investors, a global asset manager 100% owned by Allianz where she was global Chief Executive Officer from 2012 to February 2016. She joined the company in April 2005 as European CEO. Prior to joining Allianz, Elizabeth spent 11 years working at Merrill Lynch Investment Managers (formerly Mercury Asset Management) during which time she became Managing Director and Head of the EMEA Asia Pacific Mutual Fund Business. Before this, Elizabeth was consultant and then partner with Coopers & Lybrand, and prior to that worked for a number of years in the Life & Pensions industry.
In 2016, Elizabeth was re-appointed to the European Securities and Markets Authority’s stakeholder group. She is an Advisory Council member of TheCityUK, has been a trustee of the British Museum since October 2016 and has served on the British Museum Investment Sub- Committee since 2012. Elizabeth is an independent non-executive director of Pearson plc, the British multinational education company, BAE Systems plc, the UK defence, aerospace and security company and with effect from 1 January 2018, Morgan Stanley, the global financial services firm.
In June 2014, Elizabeth was asked by HM Treasury, the Bank of England and the FCA to chair a panel of market practitioners to contribute to the Fair and Effective Markets Review. Subsequently, she set up and chaired the FICC Markets Standards Board. She stood down from the chair in July 2016 but remains on the Board. Elizabeth is an Advisory Council member for the AQR Institute of Asset Management at London Business School. Since September 2016, Elizabeth chaired a group advising the UK government on how to make socially themed investments more available to individuals. The group published its report - Growing a Culture of Social Impact Investing in the UK - in late 2017. Elizabeth is a fellow of the CFA Society of the UK.
Elizabeth was named Most Influential Woman in Asset Management in 2009, CEO of the Year in 2011 and Most Influential Person in Asset Management in 2012 by Financial News and in 2015 she received the 100 Women in Hedge Funds European Industry Leadership Award. She is a member of the Committee of 200, a membership organization of the world’s most successful women business leaders. In May 2011, the State of Bavaria awarded her the annual “Europamedaille” for special merits for Bavaria in Europe. As well as being a fellow of the Royal Society of Arts, Elizabeth is a writer and has had five crime thrillers published. She holds a Post Graduate Diploma in Management Studies. Elizabeth was awarded a CBE in 2015. In 2016, she was awarded an honorary doctorate from the London Institute of Banking and Finance (formerly the ifs University College).