Jim O'Neill, Baron O'Neill of Gatley

The Lord O'Neill of Gatley
O'Neill in 2020
Commercial Secretary to the Treasury
In office
14 May 2015 β€“ 23 September 2016
Prime MinisterDavid Cameron
Theresa May
ChancellorGeorge Osborne
Philip Hammond
Preceded byThe Lord Deighton
Succeeded byThe Baroness Neville-Rolfe
Member of the House of Lords
Life peerage
28 May 2015
Personal details
BornTerence James O'Neill
(1957-03-17) 17 March 1957
Manchester, England
PartyNone (Crossbencher) (since 2017)
Other political
affiliations
Non-affiliated (2016–2017)
Conservative (2015–2016)
SpouseMarried
Children2
Alma materUniversity of Sheffield
University of Surrey
Known forBRIC economics term
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Terence James O'Neill, Baron O'Neill of Gatley (born 17 March 1957) is an English economist best known for coining BRIC, the acronym that stands for Brazil, Russia, India, and Chinaβ€”the four once-rapidly developing countries that he predicted would 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.

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.