Lord Deighton
Biography
Lord Deighton took up the post of Commercial Secretary to the Treasury in January 2013.
Education
Lord Deighton studied Economics at Trinity College Cambridge.
Career outside politics
Lord Deighton joined the Treasury having successfully completed his role as Chief Executive of the London Organising Committee of the Olympic and Paralympic Games (LOCOG), which was responsible for preparing and staging the London 2012 Games. Over six and a half years as CEO he was in charge of the day-to-day operations of the company, overseeing recruitment of a workforce of around 6,000 paid staff, up to 70,000 volunteers and around 100,000 contractor roles as well as the procurement of £700m-worth of contracts to help deliver the hugely successful Games. He was also responsible for the annual budget and provided leadership in the development of a variety of Olympic and Paralympic programmes, from sponsorship and marketing to ticketing and the Torch Relay.
Prior to joining London 2012, Lord Deighton was the Chief Operating Officer of Goldman Sachs in Europe, and a member of its European Management Committee. At Goldman Sachs he worked in a variety of management and client-facing roles for over 22 years, and was appointed a partner of the firm in 1996.
Before joining Goldman Sachs in 1983, Lord Deighton worked for both Security Pacific National Bank and Bank of America.
Personal life
Lord Deighton is married to Alison and has 2 sons. He is also a Board member of England Rugby 2015, the Organising Committee for Rugby World Cup 2015.