Rain Newton-Smith

Rain Newton-Smith (born 1975) is the director general of the Confederation of British Industry (CBI) after being appointed in April 2023.[1] She was the CBI's chief economist from August 2014 to March 2023.[2]

Rain Newton-Smith
Born1975 (age 47–48)
EducationUniversity of Oxford
London School of Economics
Occupation(s)Director General, Confederation of British Industry
TermApril 2023 – present
PredecessorTony Danker
Children4
ParentWilliam Newton-Smith

Early life

Rain Newton-Smith is the daughter of Canadian-born Oxford philosopher William Newton-Smith (1943–2023) and his first wife Dorris Heffron.[3]

Newton-Smith earned a degree in Philosophy, Politics and Economics (PPE) from the University of Oxford, and an MSc in economics from the London School of Economics (LSE).[4][5]

Career

Newton-Smith spent nine years at the Bank of England where she prepared global forecast reports for the central bank's rate-setting committee.[6] She went on to lead the emerging markets division at the Oxford Economics consultancy specialising in the Chinese economy.[6] Newton-Smith previously held a position advising the UK executive director at the International Monetary Fund.[2]

Newton-Smith was previously chief economist of the CBI, where she served from August 2014 until March 2023.[1][6][2] In that role, The Guardian described her as a "vocal commentator on the struggles faced by businesses after the pandemic".[1]

She left the CBI in March 2023 and took up a post at Barclays as a managing director to lead the bank's environmental, social, and corporate governance policy.[6] After the dismissal of Tony Danker in early April 2023 following complaints of misconduct, Newton-Smith was appointed as the CBI's new Director General.[6][4]

Personal life

Newton-Smith is married with four daughters.[5] She lives in Oxfordshire.[5]

References
  1. Isaac, Anna; Partridge, Joanna (11 April 2023). "CBI dismisses director general Tony Danker after conduct complaints". The Guardian. Retrieved 11 April 2023.
  2. Partridge, Joanna (2023-04-11). "The 'reformed economist': who is the new chief tasked with saving the CBI?". The Guardian. ISSN 0261-3077. Retrieved 2023-04-21.
  3. "W. H. Newton-Smith Obituary". The Globe and Mail. 21 April 2023. Retrieved 27 April 2023.
  4. Partridge, Joanna (11 April 2023). "The 'reformed economist': who is the new chief tasked with saving the CBI?". The Guardian. Retrieved 17 April 2023.
  5. "Rain Newton-Smith named as CBI Director-General". CBI. 11 April 2023. Retrieved 11 April 2023.
  6. Correspondent, Arthi Nachiappan, Economics. "Who is Rain Newton-Smith? New CBI director making a swift return". ISSN 0140-0460. Retrieved 2023-04-21.{{cite news}}: CS1 maint: multiple names: authors list (link)
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