Janis Rachel Lomax is a British economist, banker, and former government official who served as Deputy Governor of the Bank of England, sitting on the Monetary Policy Committee from 1 July 2003 to 30 June 2008.
Education
After attending Rossall Preparatory School and Cheltenham Ladies" College, Lomax graduated from Girton College, Cambridge University, with an Master of Arts in 1966, and obtained an Master of Science in economics from the London School of Economics in 1968.
Career
After graduating from London School of Economics in 1968, she joined Her Majesty Treasury, where she worked on a range of macroeconomic, monetary, and financial issues. She was Principal Private Secretary to the Chancellor of the Exchequer Nigel Lawson in the mid-1980s and as his Deputy Chief Economic Adviser in the early 1990s. In 1994 she was head of the Economic and Domestic Secretariat at the Cabinet Office.
From 1995-1996, she was a vice president and chief of staff to the World Bank president
From 1996 to 1999, she worked at the Welsh Office, where she oversaw the setting up of the National Assembly for Wales. Afterwards, from 1999 to 2002, Lomax was permanent secretary of the Department for Work and Pensions (formerly the Department of Social Security).
Then Lomax served as Permanent Secretary at the Department for Transport, having moved there with her Secretary of State Alistair Darling when prime minister Tony Blair reshuffled his cabinet following the resignation—in highly charged and controversial circumstances—of the Secretary of State for Transport Stephen Byers. From 2003 to 2008 she was a deputy governor at the Bank of England, serving on its Monetary Policy Committee, where she was "one of the more moderate, centrist figures".
She left "just before the collpase of Lehman Brothers in 2008" reportedly to "pursue other interests".
In December 2010 she joined Bachelor of Applied Arts (now Heathrow Airport Holdings) as a non-executive director
Membership
In December 2008, she became an independent non-executive director of Household Bank Holdings, where she is also a member of the audit and risk committees.