In April 2004, Sir David resumed his previous role as Chairman of Morgan Stanley International Limited with executive responsibility for the Firm’s activities in Europe the Middle East and Africa. At the end of 2005, Sir David retired as Chairman and became Senior Adviser to the Firm.

Sir David was a Managing Director of Morgan Stanley & Co. Incorporated, Chairman of Morgan Stanley International Inc. and Executive Chairman of the firm’s European operations between 1994 and December, 2000. Sir David Walker was a board member of the Morgan Stanley Group until the merger with Dean Witter in 1997, a member of the Management Committee of Morgan Stanley Dean Witter and served as a non-executive board member of Reuters between 1994 and 2000. He is Chairman, Review of Disclosure and Transparency in Private Equity, Co-Chairman, University of Cambridge 800th Anniversary Campaign, Chairman of Reuters Venture Capital, Vice-Chairman of the Legal and General group, a member of the Group of Thirty and was Chairman of the London Investment Bankers’ Association for 3 years until June 2004. He was also British Co-Chairman of the British-Moroccan Business Council until April 2007.

Prior to joining Morgan Stanley, Sir David spent two years at Lloyds Bank as Deputy Chairman. From 1988 to 1992, he was Chairman of the Securities and Investments Board, the British authority at that time regulating the securities markets and, ex officio, a nominated member of the Council of Lloyd’s over the same period. He was Chairman of the International Organisation of Securities Commissions (IOSCO) in 1991-92. Earlier in his career, Sir David held several key posts over a fifteen-year period at the Bank of England where, in 1981, he became one of four Executive Directors of the Bank. He was a non-executive board member of the former CEGB and subsequently of National Power plc between 1984 and 1994. Sir David began his career in 1961 with the British Treasury, where, except for a period on secondment to the International Monetary Fund in Washington (1969-1973), he served until 1977.

Sir David was appointed on 1st March 2007 to chair an independent industry working group tasked with drawing up a voluntary code addressing the levels of disclosure in the industry and how it should communicate with a wide range of stakeholders.

Sir David Walker graduated at Queens’ College, Cambridge with a Double First in Economics and became an Honorary Fellow of Queens’ in 1989; he was awarded an Honorary LL.D by Exeter University in 2002. He is a trustee of the Cambridge University Development Foundation, of the St. Paul’s Cathedral Development Appeal and of the Cicely Saunders Foundation and is Ambassador for the East End charity Community Links.