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UK Debt Management Office gov.uk

Chief Executive Officer of the DMO to retire next year

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Sir Robert Stheeman, CEO of the Debt Management Office, is retiring after over 20 years of public service.

  • The Debt Management Office (DMO) is an executive agency of HM Treasury. It is responsible for debt and cash management for the UK Government.
  • Sir Robert Stheeman, CEO of the DMO, is retiring after over 20 years of public service.
  • The recruitment process for his replacement will start shortly, and his successor will be in post in early 2024.

    • The Chancellor of the Exchequer has congratulated Sir Robert Stheeman for over 20 years of exceptional public service as he announces he is retiring as CEO of the UK’s Debt Management Office.

    Sir Robert will retire at the end of June 2024, after a period of handover with his successor. The recruitment process for his replacement will start shortly, with an appointment made in early 2024.

    The Chancellor of the Exchequer Jeremy Hunt said:

    “I would like to thank Sir Robert for over 20 years of public service. During his time at the DMO, he has overseen the continued smooth delivery of the government’s borrowing programme. His contribution has been enormous, and he leaves the DMO in a strong position.”

    “It has been the greatest privilege of my working life to have spent more than 20 years at the DMO, during a period of immense change in the UK and fixed income markets globally. In order to help ensure a smooth handover, I am announcing my decision now to retire next summer, and I look forward to supporting my colleagues in the DMO and the Treasury in the intervening period.”

    Permanent Secretary to the Treasury James Bowler said:

    This is an extract. The publication continues at the source.

    Contains public sector information licensed under the Open Government Licence v3.0. Licence

    Read the original at the source: https://www.gov.uk/government/news/chief-executive-officer-of-the-dmo-to-retire-next-year

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    September 20, 2026 19:53
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