Press Release Tel: +44 (0) 20 7291 4800 Fax: +44 (0) 20 7323 4780 mailbox@ifs.org.uk www.ifs.org.uk IFS Appoints New Director The Institute for Fiscal Studies has announced that Paul Johnson is to be its new Director. He will take over at the beginning of January following the departure of Robert Chote to chair the Office for Budget Responsibility. Paul has worked in the economics of public policy for more than 20 years. He worked at the IFS from 1988 to 1998, including two years as deputy director, and is currently a Research Fellow. He is also currently a senior associate at Frontier Economics. Paul was director for public spending and deputy head of the Government Economic Service at HM Treasury between 2004 and 2007. Before that he was chief economist at the Department for Education and head of the economics of financial regulation at the FSA. Welcoming Paul’s appointment on behalf of the IFS Council, Rachel Lomax, President of the IFS, said: “Paul is exceptionally well qualified to lead the Institute – he is a highly regarded economist of great integrity, with a broad experience of policy. He has been closely associated with the IFS throughout his career, and it is a particular pleasure to welcome him back as Director.” 7 Ridgmount Street London WC1E 7AE Embargo Embargoed until: 00.01, 3 December 2010 Contacts IFS Press Office, Institute for Fiscal Studies 020 7291 4800 Paul Johnson said: “It is a huge honour and responsibility to take on the directorship of the IFS. It has built a formidable reputation for combining authoritative, independent analysis of public policy issues with academic research of the very highest quality. With the government facing an unprecedented fiscal deficit, having recently announced radical changes to public spending, and with major welfare reforms in the offing this is an important and fascinating moment to be taking over.” ENDS Notes to Editors: 1. Robert Chote became chairman of the OBR in October 2010 2. For further information or to speak with Paul Johnson, Rachel Lomax, IFS President or Frances Cairncross, Chair of Trustees please contact Bonnie Brimstone at IFS: 020 7291 4800, bonnie_b@ifs.org.uk. Acting Director: Carl Emmerson Research Director: Richard Blundell The Institute for Fiscal Studies Limited by Guarantee, Registered in England: 954616 7 Ridgmount Street London WC1E 7AE Registered Charity: 258815 VAT no: GB 394 5830 17