Record

EC - Certificates of election and candidature for Fellowship of the Royal Society
- 2021 - Certificates of Election 2021

RefNo	EC/2021/62
Level	Item
Title	Kingman, John Oliver Frank: certificate of election to the Royal Society
Date	21 April 2021
Description	Certificate endorsing election of John Kingman as an Honorary Fellow of the Royal Society, including personal details of the elected Honorary Fellow and citation giving the reasons for election and names of proposers and statutes relating to the election of Honorary Fellows. Signed by the Executive Director of the Royal Society, Julie Maxton.
Citation	Sir John Kingman has been an important and highly effective force for good for UK science and innovation for many years, through his career in the Treasury, his steering role in the creation of UK Research and Innovation and subsequent chairmanship, and his contributions to the banking sector and business, currently as the Chairman of Legal and General. John brings a very rare breadth of financial experience and expertise from his work in the Treasury on the allocation and control of public expenditure, his active participation in the management of the banking sector following the financial crash of 2008, and his chairmanship of a major global diversified financial institution, Legal and General. Throughout his career he has been a stalwart supporter of science, behind the scenes at the Treasury and in the foreground as founding Chairman of UK Research and Innovation. At the Treasury, he argued strongly for science in the face of strongly competing voices through the development of the 2004 Treasury 10-year framework for investment in science and innovation and five spending reviews that prioritised these. The results are manifest in the current budget for UKRI through the Research Councils and Innovate UK of around £8.5 billion. He also consistently championed the introduction and expansion (now to £3bn annual spend) of R&D tax credits. He was responsible for commissioning the Sir David Cooksey review of medical research. He has consistently advocated the importance of response-mode funding to support excellent discovery research. Government funding for the Francis Crick Institute owes much to his persuasive voice. UK Research and Innovation, the creation of which was accompanied by the largest uplift to the public funding for science and innovation in well over 20 years, would not have happened without his enormous efforts. His Chairmanship of UKRI over the first four years of its establishment has been exemplary. The power of the business world to either resist or effect change based on science and evidence is gigantic and critical at this time of huge societal and environmental change. At Legal and General, working closely with the CEO Nigel Wilson, John has influenced and supported their work to respond to global climate change, for example through their 2019 Task Force on Climate-related Financial Disclosures. The support of the RS by Lord David Neuberger HonFRS, working closely with Julie Maxton and the Fellowship has brought together the worlds of science and the law to great effect. In the same way, the election of John Kingman as Honorary Fellow would create a powerful opportunity for the RS to bring together the worlds of science, finance and business. As an Honorary Fellow, John would be much more than an ornament to the Society. He is a highly energetic figure at the peak of his career, actively engaged with some of our most important financial and cultural institutions. At a time of turmoil in global health, economies and the environment, the Royal Society has an important responsibility to provide a calm voice of rationality, reason and rigour. As an Honorary Fellow, John Kingman would bring enormous added value to the Society.
Extent	5p
Format	Computer printout
PhysicalDescription	A4 papers
AccessStatus	Closed
AccessConditions	Election certificates are subject to 50 year closure period from date of election. Details of proposers and date certificate was first submitted for candidacy are kept confidential until the 50 year closure period has elapsed.

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