FED Council Member: Sir Mick Davis is currently Chairman of MacSteel, a global trading and shipping company, and was Chief Executive of the Conservative Party of the United Kingdom, but has since stepped down from this position.
He stepped down as Chief Executive Officer of Xstrata plc in 2013, one of the world’s largest global diversified mining and metals companies which he grew in a 10-year period from a market value of US$500 million to US$60 billion, employing more than 90,000 people and operating in over 22 countries.
Previously, Mick was an Executive Director and Chief Financial Officer of Billiton plc and Chairman of Billiton Coal. Prior to joining Billiton, Mick was an Executive Director of South African state-owned Eskom, one of the world’s largest electricity utilities.
Mick has extensive capital markets and corporate transactions experience. During his career, he has raised almost US$40 billion from global capital markets and successfully completed over US$120 billion of corporate transactions. Some of his successes are the creation of the Ingwe Coal Corporation in South Africa; the listing of Billiton on the London Stock Exchange; the merger of BHP and Billiton into the largest diversified mining company in the world; the initial public offering of Xstrata plc on the London Stock Exchange in 2002 and Xstrata’s subsequent acquisitions of MIM Holdings and Falconbridge Ltd., amongst others and most recently the successful merger of Xstrata and Glencore.
Mick is a past President of the Council of Members and Chairman of the Board of Trustees of the Jewish Leadership Council of the United Kingdom, the umbrella body of the largest Jewish charities and institutions in the United Kingdom responsible for the strategic imperatives of UK Jewry, and is Chairman of the Prime Minister’s Holocaust Commission of the United Kingdom. Mick is a member of the Brookings International Advisory Council and a trustee of the Institute of National Security Studies, Israel. He is also a trustee of the Portland Trust.
Mick was born in 1958 and brought up in Port Elizabeth, South Africa.
Mick is a Chartered Accountant by profession and an alumnus of Theodor Herzl School in Port Elizabeth. He holds an honours degree in Commerce from Rhodes University, South Africa. He holds an Honorary Doctorate from Bar Ilan University. In the 2015 Queen’s Birthday Honour’s List, Mick was made a Knight’s Bachelor.
Mick is married to Barbara, a solicitor and notary and a qualified geography teacher. They have three children – Sarah, Ronit and Eitan.