Francis Maude has three decades of high-level international experience in business and government.
Between his two periods of political and public service, Francis Maude was Global Head of Privatisation at Morgan Stanley. In his early ministerial career, he served as Margaret Thatcher’s Minister for Europe and Hong Kong/China, Minister for Corporate Affairs, and Financial Secretary to the Treasury until he left Parliament in 1992. After re-election in 1997, he served as Shadow Chancellor of the Exchequer, Shadow Foreign Secretary and Chairman of the Conservative Party.
Success in the 2010 election saw Francis appointed Minister for the Cabinet Office and Paymaster General. Under his leadership, the British Government became world leader for digital government, creating the Government Digital Service (GDS) now replicated by governments across the globe. He drove the government’s cost-cutting programme, structural and cultural reforms to the Civil Service and reformed the commercial function of government, renegotiating contracts and cutting costs. This programme delivered over £50 billion of savings.
Francis also led the Government’s programmes on open data and transparency, cyber security, and social investment. He guided the UK to be the top-ranked country for open government, chaired the newly-formed Open Government Partnership (OGP), now joined by over seventy governments, and created a “modern privatisation” programme, spinning out over 100 public services into staff-led private and social enterprises. He was also responsible for the creation of the world’s first social investment bank, Big Society Capital.
Most recently, as Minister for Trade and Investment, he led international trade negotiations and initiated substantial reform of Britain’s export promotion agency. Francis was responsible for the UK’s inward investment programme, which was the most successful in the EU.