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{{Use dmy dates|date=March 2012}}
'''Ralph Douglas Townsend''' (born 13 December 1951, in [[Nedlands, Western Australia]])<ref> {{cite news | title = Births | date = 18 December 1951 | url = http://nla.gov.au/nla.news-article49006041 | work = [[The West Australian]] | page = 16 | accessdate = 2012-08-18}}</ref> is Headmaster of [[Winchester College]].<ref name="WW">'[http://www.ukwhoswho.com/view/article/oupww/whoswho/U37941 Townsend, Dr Ralph Douglas]', ''[[Who's Who 2011]]'', [[A & C Black]], 2011; online edn, [[Oxford University Press]], December 2010 (accessed 23 September 2011).</ref><ref>{{cite news |title=The long view |url=http://www.guardian.co.uk/education/2005/nov/29/schools.publicschools1 |work=[[The Guardian]] |date=29 November 2005 |accessdate=1 September 2011 }}</ref> He was previously Headmaster of [[Oundle School]]<ref>{{cite web|url=http://news.bbc.co.uk/1/hi/education/2760851.stm|title=Public school backs academy plan|date=14 February 2003|publisher=BBC News|accessdate=18 September 2011}}</ref> and before that Headmaster of [[Sydney Grammar School]].
{{Use British English|date=March 2012}}
{{Infobox person
| name = David Clementi
| image =
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| birth_date = 25 February 1949
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| education = [[Winchester College]]<br/>[[Lincoln College, Oxford]]<br/>[[Harvard Business School]]
| employer =
| occupation = Businessman
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| parents =[[Cresswell Clementi]]
| relatives = [[Cecil Clementi]] <small>(paternal grandfather)</small><br/>[[Muzio Clementi]] <small>(paternal great-great grandfather)</small>
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'''Sir David Cecil Clementi''' (born 25 February 1949) is a former [[Deputy Governor of the Bank of England|Deputy Governor]] of the [[Bank of England]]. Clementi also holds positions on the boards of several large corporations, including Chairman of [[Prudential plc]], one of Britain's largest insurance companies, and is a non-executive director on the board of governors of the [[Rio Tinto Group]]. In March 2008, he was announced as Warden of [[Winchester College]] to replace Sir [[Andrew Large]] on his retirement in September 2008.


==Biography==
==Early life==
David Cecil Clementi was born on 25 February 1949. His father, [[Cresswell Clementi]], was an [[Air Vice-Marshal]] in the [[Royal Air Force]]. His grandfather [[Cecil Clementi]] was Governor of Hong Kong. His great-great grandfather was [[Italy|Italian]]-born English musician [[Muzio Clementi]].
===Early life===
He was educated at Scotch College, in Perth, in Australia. He went on to read English at the [[University of Western Australia]], having won a Commonwealth Scholarship. He then began his graduate studies at the [[University of Kent]] at Canterbury.


He was educated at [[Winchester College]], where he was captain of athletics and a distinguished footballer. He then went to [[Lincoln College, Oxford]], where he obtained a degree in [[Philosophy, Politics, and Economics]] and a [[blue (university sport)|blue]] for athletics. After graduating, he qualified as a [[chartered accountant]].<ref>Winchester College Register 1992</ref> He graduated MBA from [[Harvard Business School]] in 1975.
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===Career===
After brief teaching appointments at [[Dover College]] and [[Abingdon School]], he proceeded to further study at Oxford University. An ordained Anglican priest, he was curate at the University Church of St. Mary. He also taught in the Theology Faculty at Oxford. In addition he was first Senior Scholar at [[Keble College]], then a Junior Research Fellow, Tutor and Dean of Degrees at [[Lincoln College, Oxford|Lincoln College]], where he was the Anglican chaplain. He resigned from this post in 1985 when he decided to join the [[Roman Catholic Church]].<ref>The Tablet, 29 June 1985; Catholic Herald, 21 June 1985 and 2 February 2007)</ref>


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==Career==
He took up a teaching post at [[Eton College]] in 1985. He left as Head of English in 1989 to become Headmaster of [[Sydney Grammar School]]. Whilst in Sydney, Townsend was Patron of the [[Australian Musicians' Academy]] and President of the [[New South Wales Classical Association]]. After ten years in that post, he returned to England to become Headmaster of Oundle School.<ref>{{cite web|url=http://www.independent.co.uk/news/education/education-news/boarding-school-is-first-to-take-up-city-academy-plan-597540.html|title=Boarding school is first to take up City Academy plan|last=Garner|first=Richard|date=14 February 2003|publisher=The Independent|accessdate=18 September 2011}}</ref> In 2005 he was appointed Headmaster of Winchester, the first Roman Catholic to hold that post since the [[Reformation]].<ref>{{cite news |title=Catholic first |work=[[The Tablet]] |date=17 July 2004 |accessdate=1 September 2011 }}</ref> In 2011 he was invested a Knight of the [[Order of the Holy Sepulchre]] of Jerusalem.<ref>http://www.winchestercollege.org/headmaster</ref>
After graduating from Harvard Business School, Clementi commenced a career in the finance industry, which culminated in his appointment as [[Deputy Governor of the Bank of England|Deputy Governor]] of the [[Bank of England]].
He has written books, articles and reviews in the areas of church history, religious literature and education.<ref>Publications
Ed M.M. Clare, Encountering the Depths DLT 1980;Faith, Prayer and Devotion Blackwell 1983;‘Nicolas Zernov' in Fairacres Chronicle November 1980;‘Mother Mary Clare and the Anglican Tradition' in Christian 1981;‘J.H. Newman' and `The Caroline Divines' in A Dictionary of Christian Spirituality SCM 1983; ‘The Catholic Revival in the Church of England' in The Study of Spirituality SCM 1986; Articles on E.B. Pusey, Nathaniel Spinckes, Peter Sterry, Darwell Stone and Thomas Traherne in Dictionnaire de Spiritualite Brussels 1987-91; ‘The Place of Sport in Education' in Proceedings of the Teachers' Guild of New South Wales 1990; ‘The Education Industry' in The Sydney Papers Vol.2 No.2 1990
‘Education and Business Ethics' in Foundations No.6 November 1991; ‘Even a Good Education Gives Rise to Problems' in Proceedings of the Teachers' Guild of New South Wales 1991-2; also in The Educational Forum Vol.58 No.1 1993; ‘The Sins of Success: the Authority to Change' in The Ethics of Teaching and Learning IPA Education Policy Unit 1993; `What's Going to Happen to the Tots?' in Independence (AHISA) Vol.19 No.1 1994;
Gen Ed Australian Studies in History & Letters 4 Vols SGS Press 1996-2000; ‘From Here to Downunder and Back Again’ in The Isis Magazine 27 2000; ‘What We Do Well’ Conference &Common Room 2004; Sanderson of Oundle (Ed) Culverwell 2006; ‘The Cambridge Companion to J.H.Newman’ in The Way April 2010</ref>


In June 2002, he told the Treasury select committee that a house price crash was a virtual certainty. He said, "I said in April that the level of house price inflation, then running in the mid-teens was unsustainable. Since then we've seen something of an acceleration ... and the longer it goes on, the sharper is likely to be the eventual adjustment.".<ref>{{cite news| url=http://www.telegraph.co.uk/news/uknews/1397231/House-prices-heading-for-sudden-fall-warns-Bank.html | location=London | work=The Daily Telegraph | first=Helen | last=Dunne | title=House prices heading for sudden fall, warns Bank | date=14 June 2002}}</ref>
<nowiki> </nowiki>He has been a Governor of [[Terra Nova School]] ([[Cheshire]]) 1999-2003, Old Buckenham Hall School ([[Suffolk]]) 1999-2006, [[Ardvreck School]] ([[Crieff]], [[Scotland]]) 2000-2005, [[Ampleforth College]] ([[North Yorkshire]]) 2003-2006, Bramcote Lorne School ([[Nottinghamshire]]) 2003-2005, Mowden Hall School ([[Northumberland]]) 2000-2007, and [[Worth School]] ([[West Sussex]]) 2004-2010. From 2005-2011 he was a Trustee of the United Church Schools Trust and an adviser to the United Learning Trust. From 2005-2013 he was a Governor of St Swithun's School (Winchester). From 2007-2013 he was Adviser to the Raffles Institution in Singapore. From 2005-2014 he was a Governor of The Pilgrims' School (Winchester). He is currently a Governor of [[Midhurst Rother College]]<ref>{{cite web|url=http://www.mrc-academy.org/upload/files/governors_20102011.pdf|title=Governors 2010 -2011|publisher=Midhurst Rother College|accessdate=18 September 2011}}</ref><ref>{{cite web|url=http://www.independent.co.uk/news/education/schools/a-bridge-across-the-great-divide-winchester-college-joins-the-academy-programme-1903924.html|title=A bridge across the great divide: Winchester College joins the academy programme|last=Mansell|first=Warwick|date=18 February 2010|publisher=The Independent|accessdate=18 September 2011}}</ref> ([[United Learning Trust]] Academy), [[St John's Beaumont Preparatory School|St John's School Beaumont (Windsor)]] and the Dillijan International School (Armenia). He is a Trustee of Cothill Educational Trust, which operates [[Cothill House]], [[Chandlings School]], and the [[Château de Sauveterre]], and the Academy group The Education Fellowship. He is a member of the Global Advisory Council of the African Leadership Academy and is a Patron of the [[National College of Music]] (London).


In July 2003, he was given the task, by the [[Secretary of State for Constitutional Affairs]], [[Charles Falconer, Baron Falconer of Thoroton|Baron Falconer of Thoroton]], of undertaking a wide-ranging independent review of the regulation of legal services in England and Wales, now known generally as the [http://www.legal-services-review.org.uk/content/report/index.htm Clementi report].
In 2010 he became Dean of a group of ten schools known as the Winchester International Symposium, each of which has agreed to meet annually in each of the schools in rotation, when senior pupils and staff will study an aspect of global development; the member schools are African Leadership Academy (South Africa), Colegio Claustro Moderno (Colombia), Garodia International Centre for Learning (India), Johannes Kepler Grammar School (Czech Republic), Karachi Grammar School (Pakistan), [[Montgomery bell academy|Montgomery Bell Academy]] (USA), Nada High School (Japan), Raffles Institution (Singapore), Shiyan Co-operation High School (China) and Winchester College (UK).


In October 2011 he became Chairman of [[Virgin Money UK|Virgin Money]]<ref>{{cite web |url=http://uk.virginmoney.com/virgin/news-centre/press-releases/2011/virgin-money-appoint-sir-david-clementi-as-chairman.jsp |title=Virgin Money appoints Sir David Clementi as Chairman |publisher=Virgin Money |date=07-10-2011 |accessdate=2011-12-31}}</ref> and he is currently the Chairman of London based foreign exchange company, [[World First]]<ref>{{cite web |url=http://www.worldfirst.com/about-us/management-team/ |title=World First Management Team |publisher=worldfirst.com |year=2006}}</ref>
He is English Editor of the World Leading Schools Association ''Record'', a bilingual journal of educational dialogue between China and the West. In July 2012 he was a key speaker at the Eighth Symposium in Shanghai on "Manpower Structure and Education Development in the International Metroplolis". In October 2012 he gave a lecture to the inaugural meeting of the London Chapter of the Friends of the African Leadership Academy at University College London.


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==References==
He is an Honorary Liveryman of the [[Worshipful Company of Grocers|Grocers' Company]].
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== References ==
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{{Reflist}}
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==External links==
*[http://www.winchestercollege.org/headmaster Winchester College Website: The Headmaster]


{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. -->
{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]]. -->
| NAME = Townsend, Ralph
| NAME = Clementi, David
| ALTERNATIVE NAMES =
| ALTERNATIVE NAMES =
| SHORT DESCRIPTION = head master of Winchester College
| SHORT DESCRIPTION = British banker
| DATE OF BIRTH = 13 December 1901
| DATE OF BIRTH = 25 February 1949
| PLACE OF BIRTH = Tresillian Hospital, Nedlands, Western Australia
| PLACE OF BIRTH =
| DATE OF DEATH = 5 May 1976
| DATE OF DEATH =
| PLACE OF DEATH =
| PLACE OF DEATH =
}}
}}
{{DEFAULTSORT:Townsend, Ralph}}
{{DEFAULTSORT:Clementi, David}}
[[Category:University of Western Australia alumni]]
[[Category:1949 births]]
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[[Category:Alumni of the University of Kent]]
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[[Category:People educated at Scotch College, Perth]]
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[[Category:Sydney Grammar School headmasters]]
[[Category:Headmasters of Winchester College]]
[[Category:Fellows of Lincoln College, Oxford]]
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[[Category:Winchester College]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:1951 births]]
[[Category:Alumni of Lincoln College, Oxford]]
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[[Category:Prudential plc]]
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[[Category:People educated at Winchester College]]
[[Category:Monetary Policy Committee members]]
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[[Category:Deputy Governors of the Bank of England]]
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[[Category:Harvard Business School alumni]]
[[Category:British people of Italian descent]]

{{UK-business-bio-1940s-stub}}

Revision as of 00:02, 1 March 2015

David Clementi
Born25 February 1949
EducationWinchester College
Lincoln College, Oxford
Harvard Business School
OccupationBusinessman
ParentCresswell Clementi
RelativesCecil Clementi (paternal grandfather)
Muzio Clementi (paternal great-great grandfather)

Sir David Cecil Clementi (born 25 February 1949) is a former Deputy Governor of the Bank of England. Clementi also holds positions on the boards of several large corporations, including Chairman of Prudential plc, one of Britain's largest insurance companies, and is a non-executive director on the board of governors of the Rio Tinto Group. In March 2008, he was announced as Warden of Winchester College to replace Sir Andrew Large on his retirement in September 2008.

Early life

David Cecil Clementi was born on 25 February 1949. His father, Cresswell Clementi, was an Air Vice-Marshal in the Royal Air Force. His grandfather Cecil Clementi was Governor of Hong Kong. His great-great grandfather was Italian-born English musician Muzio Clementi.

He was educated at Winchester College, where he was captain of athletics and a distinguished footballer. He then went to Lincoln College, Oxford, where he obtained a degree in Philosophy, Politics, and Economics and a blue for athletics. After graduating, he qualified as a chartered accountant.[1] He graduated MBA from Harvard Business School in 1975.

Career

After graduating from Harvard Business School, Clementi commenced a career in the finance industry, which culminated in his appointment as Deputy Governor of the Bank of England.

In June 2002, he told the Treasury select committee that a house price crash was a virtual certainty. He said, "I said in April that the level of house price inflation, then running in the mid-teens was unsustainable. Since then we've seen something of an acceleration ... and the longer it goes on, the sharper is likely to be the eventual adjustment.".[2]

In July 2003, he was given the task, by the Secretary of State for Constitutional Affairs, Baron Falconer of Thoroton, of undertaking a wide-ranging independent review of the regulation of legal services in England and Wales, now known generally as the Clementi report.

In October 2011 he became Chairman of Virgin Money[3] and he is currently the Chairman of London based foreign exchange company, World First[4]

References

  1. ^ Winchester College Register 1992
  2. ^ Dunne, Helen (14 June 2002). "House prices heading for sudden fall, warns Bank". The Daily Telegraph. London.
  3. ^ "Virgin Money appoints Sir David Clementi as Chairman". Virgin Money. 07-10-2011. Retrieved 2011-12-31. {{cite web}}: Check date values in: |date= (help)
  4. ^ "World First Management Team". worldfirst.com. 2006.

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