Dame Sue Owen reappointed as Non-Executive Chair of the UK Debt Management Office Advisory Board

Friday, 7 February 2025 14:27

HM Treasury announces that Dame Sue Owen will serve a second three-year term as Non-Executive Chair (NEC) of the UK Debt Management Office (DMO) 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...Request free trial

HM Treasury announces that Dame Sue Owen will serve a second three-year term as Non-Executive Chair (NEC) of the UK Debt Management Office (DMO) 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.