Richard Meddings
Richard Meddings | |
|---|---|
| Born | 1958 United Kingdom |
| Occupation | Banker |
| Known for | Chairman of NHS England, former chairman of TSB Bank, former finance director of Standard Chartered |
Richard Henry Meddings (born 1958) is a banker from the United Kingdom.
Early life
Meddings attended Wolverhampton Grammar School and later obtained a degree in modern history from Exeter College, Oxford.
Career
He began his professional journey training as a chartered accountant at Price Waterhouse before moving on to roles at Hill Samuel and BZW. In 1999, he was appointed finance director (FD) of Woolwich plc.
Meddings spent eleven years on the board of Standard Chartered, including seven years as FD. His leadership during the financial crisis earned him the Blue Chip FD of the Year award at the 2009 Accountancy Age Awards. In January 2014, following a challenging period involving substantial losses, a rights issue, and a cancelled dividend, he stepped down from Standard Chartered, emphasizing that the decision was entirely his own.
In February 2018, Meddings replaced Will Samuel as chairman of TSB Bank. After CEO Paul Pester resigned in September 2018 due to an IT system failure, Meddings assumed the role of executive chairman until a successor was appointed.
He served as a non-executive member on the board of HM Treasury for more than seven years, concluding his tenure in December 2021. Subsequently, in January 2022, he was named chair of NHS England for a four-year term.
In 2020, Meddings joined several board committees at Credit Suisse.
For his contributions to the financial sector, he was honored with the title Commander of the Order of the British Empire (CBE) in the 2022 New Year Honours.
Personal life
Meddings is married with three children. His interests include golf, cricket, football, and he is a supporter of Wolverhampton Wanderers.