Jim O'Neill, Baron O'Neill of Gatley
Terence James O'Neill, Baron O'Neill of Gatley (born 17 March 1957) is a British economist best known for coining BRIC, the acronym that stands for Brazil, Russia, India, and China—the four once rapidly developing countries that were thought to challenge the global economic power of the developed G7 economies. He is also a former chairman of Goldman Sachs Asset Management and former Conservative government minister.
The Right Honourable The Lord O'Neill of Gatley | |
|---|---|
O'Neill in 2020 | |
| Commercial Secretary to the Treasury | |
| In office 14 May 2015 – 23 September 2016 | |
| Prime Minister | David Cameron Theresa May |
| Chancellor | George Osborne Philip Hammond |
| Preceded by | The Lord Deighton |
| Succeeded by | The Baroness Neville-Rolfe |
| Member of the House of Lords Lord Temporal | |
| Assumed office 28 May 2015 Life Peerage | |
| Personal details | |
| Born | Terence James O'Neill 17 March 1957 Manchester, England |
| Political party | None (Crossbencher) (since 2017) |
| Other political affiliations | Non-affiliated (2016–2017) Conservative (2015–2016) |
| Spouse | Married |
| Children | 2 |
| Alma mater | University of Sheffield University of Surrey |
| Known for | BRIC economic theory |
O'Neill was Commercial Secretary to the Treasury in the Second Cameron Ministry from May 2015 to September 2016. He chaired the UK's Independent Review into Antimicrobial Resistance from 2014 to 2016. He was the chairman of the Council of Chatham House, the Royal Institute of International Affairs from 2018 to 2021.
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