Meet the Team

Douglas McWilliams

Deputy Chairman

Douglas is one of the world’s leading economists and was chosen in 2012 from over 300 applicants to become the Gresham Professor of Commerce.

His Gresham lecture series ‘The world’s greatest ever economic event’ looking at the impact of globalisation on the Western economies attracted widespread attention and large audiences.  He has recently published an updated paperback version of his book, The Flat White Economy. He covers all aspects of economics but is best known for his work in forecasting, the economics of the IT and telecoms sectors and transport economics and for his knowledge of the Far East economies. He works with clients who are particularly looking for an economist with a public presence to help make their case.

After setting up Cebr, he was our Chief Executive for 20 years, and Executive Chairman. Previously he was Chief Economic Adviser to the Confederation of British Industry and Chief Economist for IBM UK. Douglas is famed for his communications skills and is one of the most widely quoted economists.

"I see economics not as an end in itself but as an amazing tool that helps people make better decisions. It still gives me a thrill to see our clients make great use of economics!"

Bruce Warman


Bruce’s career has been primarily in the motor industry where he was the Finance Director and Managing Director of two motor components companies, an organisational development consultant working for General Motors in Detroit and Director of Personnel for Vauxhall Motors. He chaired the CBI Eastern Region and a number of CBI Policy Committees and sat on the ACAS Council. He currently part owns and is a Director of AutoXP, a motor industry service company, sits on the Employment Appeal Tribunal and is a member of the Senior Salaries Review Body, proposing pay levels at the top level in the public sector. He has a BSc in Biochemistry, an MBA from London Business School, is qualified accountant and also a qualified business coach. He has particular skill in creating maximum value at minimum cost in organisations.

Bruce has been a Board Member since November 2013 and became Chairman on 5 March 2015.

"Cebr is special - its analysis work is thorough and insightful but most importantly it takes a view and provides clear strategic guidance to its clients. It doesn't sit on the fence."

Martin Piers

Legal Counsellor

A former partner of global law firm Jones Day and its European Head of Employment, Martin acted for CEBR as one of his then clients.

He later joined legal recruitment firm Hudson in-house and said: “I was highly impressed by Cebr’s professionalism and integrity so I was delighted to become a non-executive director and bring my experience and legal perspective to the board.

"I have watched Cebr continue to develop impressively both domestically and internationally.”

Dr. Sin C. Chai

Board Member

Sin Chai is a qualified medical doctor who has been responsible for his family’s businesses in farming, real estate, and hotels.

On account of his training as a physician and having been involved in diverse businesses, Sin is particularly suited to analyzing and solving complex problems, especially ones that transcend cultural and social divides.

Being Malaysian and living in Scotland, Sin brings to Cebr perspectives from those two regions which are current and insightful.

Sin is currently Chairman of Inverlochy Castle Management International (ICMI), a hospitality management company.

"Cebr has the breadth and depth of talent to analyse today's rapidly changing world."
+44 20 7324 2850

Deborah Loudon

Board Member

Deborah is a senior recruitment professional with Saxton Bampfylde, the executive search firm.

She was on the Board of Saxton Bampfylde when the company changed from owner-managed into an Employee Benefit Trust on the John Lewis model.  In her earlier civil service career she worked on internal prison disciplinary reform, was a Ministerial Private Secretary, negotiated pay with the Police Federation, helped to establish the Black Police Association, worked on the development of Professional Skills for Government, and helped establish successful HR shared services in the MoD. Deborah was the first Home Office employee to be promoted to the Senior Civil Service while working part time (in 1992) and has a long record of supporting diversity.

‘I have been hugely impressed by CEBR’s ability to combine speedy responses to important economic and political changes with the highest standards of analysis and am delighted to be becoming part of it’s future.’

Vicky Pryce

Board Member

Vicky was previously Senior Managing Director at FTI Consulting,(2010-2013), Director General for Economics at the Department for Business, Innovation and Skills (BIS)(2002-2010) and Joint Head of the UK Government Economic Service . Before that she was Partner at London Economics and Partner and Chief Economist at KPMG after holding senior economic positions in banking and the oil sector.

At various stages in her career she has held a number of academic posts, including Visiting Professorships at Queen Mary, University of London, Imperial College Business School and Cass Business School. She has also served on the Council of the Royal Economic Society, as Visiting Fellow at Nuffield College, Oxford , on the Council of the University of Kent and on the Court of the London School of Economics. She was also a trustee of the RSA. She is currently a Fellow of the Society of Business Economists, an Academician of the Academy of Social Sciences, on the Council of the Institute for Fiscal Studies, on BIS’ Panel for Monitoring the Economy, on the City AM’s shadow monetary policy committee and on the Advisory Board of the central banking think-tank OMFIF. She also co-founded GoodCorporation, a company set up to promote corporate social responsibility and in 2010-11 became the first female Master for the Worshipful Company of Management Consultants in the City of London.

Having been Cebr’s  Chief Economic Advisor,  Vicky has now become a Board member

"Delighted to be working with such an enthusiastic and brilliant set of people, whose research findings seem to be quoted more widely than any other consultancy I have ever known."
0207 324 2850

Gareth Denley

Board Member

Gareth is an experienced Chairman, CEO, and General Manager; a former director of IBM UK and successful private equity entrepreneur, he has held executive positions in UK publicly quoted, large global multinational, and private equity owned technology and technology services companies.

He has worked with government, having been seconded by IBM to the then Department of the Environment, where he worked with senior civil servants and briefed Ministers and the Secretary of State during a comprehensive review of the Department’s plans and spending submission.

Gareth brings a great breadth of commercial experience to the board and an enthusiasm for economics.

‘I’m delighted to be associated with one of the top economics teams in the country and I’m looking forward to developing further my understanding of the intersection between economics and the world of business’

Graham Brough

Chief Executive

Graham joined Cebr in 2010 as Managing Director and became Chief Executive in 2013.

He studied Philosophy, Politics and Economics at Oxford University and taught at Florence University before opting for an investigative and journalism career with the Yorkshire Post, Sunday Times, Mail on Sunday and Daily Mirror.

He became an international and war correspondent and specialised in human rights campaigns with Doreen Lawrence of the Stephen Lawrence Trust and Joanna Lumley on Gurkha immigration. He is a skilled communicator of complex ideas and a multi-linguist and has advised various Government departments since 1998. He helps distil and explain Cebr economics, maximising effect and resonance.

"Sometimes we're brainstorming solutions for a big name client and there's a genuine surge of innovative intellectual delight when we realise we've cracked it. Priceless."

Ianthe McWilliams

Executive Director

Ianthe joined Cebr after a career as a civil servant specialising in policy development and some project management.

She developed her skills first in the Employment Department, on policies to help unemployed people, including a spell overseeing the UK’s receipts from the European Social Fund.

After that, in the Department for Education, she was closely involved in policies to train and develop teachers and support staff.

Now a director of Cebr, Ianthe contributes to Cebr’s leadership team and is responsible for human resource policy, and also advises on some public sector clients and projects.

"I am very impressed with the hard work and professionalism of the Cebr team, and not surprised that we inspire a constant stream of intelligent and keen job applicants. "

Oliver Hogan

Director and Chief Economist

Having led Cebr’s microeconomics team for a number of years, Oliver recently moved to the position of Chief Economist. Since joining the company in 2009, he has worked to enhance the modelling and analytical frameworks underlying Cebr’s economic impact assessments. In his new role, Oliver continues to develop Cebr’s capabilities and works to uphold the overall quality and robustness of Cebr’s work.

He has directed and delivered many assessments of the nature outlined herein. For instance, he was heavily involved in Cebr’s work on minimum unit pricing for alcohol and on the point-of-sale display ban on tobacco in shops. Oliver led our public policy work on plain packaging for tobacco and also led the more recent studies on the cost of disconnected communities for the Eden Project. Oliver continues to advise the FairFuelUK in terms of highlighting the detrimental impacts on the economy of ending the freeze in fuel duty.

Oliver is trusted adviser to many high-profile clients like Royal Mail, Engineering UK, the National Housing Federation, Arts Council England, ABTA and the Institute of Physics.

Oliver holds a BA (Mod) and M.Litt in economics from Trinity College Dublin and a Postgrad Diploma in EC Competition Law from King’s College, London.


"The main difference between my role at Cebr and previous roles is the variety of the issues we grapple with. This is what makes Cebr great."

Nina Skero

Head of Macroeconomics

Nina serves as the head of the macroeconomics team and leads Cebr’s UK forecasting. She also oversees the publication of the monthly global, housing and consumer forecasting reports.

Her recent bespoke projects span a variety of sectors including a report for Funding Circle on the lending landscape and research regarding the “bank of mum and dad” for Legal & General.

She regularly provides commentary for the national and international media.

Nina graduated summa cum laude from Babson College with a double concentration in Economics and Global Business Management. She also holds an MSc in Political Economy of Europe from the London School of Economics. She is a fluent Serbian speaker and is currently studying French.

“It is intellectually stimulating to work on so many economic issues with an incredibly bright and supportive group of people.”

Mike McWilliams

Head of Energy and Board Member

Mike is a Chartered Engineer with 40 years of experience in the energy sector, specialising in renewable energy, hybrid power systems, energy planning, private power and risk management.  He has lived and worked extensively overseas, managing projects and regional offices in Africa and South East Asia, and has worked on developments in more than 60 countries.  Mike’s experience includes engineering design, financial and economic modelling, least-cost system planning, procurement and administration of construction contracts and project finance. He is the author of the PeBal power and energy balance model and the FELT (Finance, Engineer, Lease and Transfer) concession model for infrastructure.  He is Senior Advisor on Hydropower to Mott MacDonald and also to the World Bank Group.

Ian Birch

Head of Transport Economics

Ian has recently joined Cebr as Head of Transport Economics. Before that he spent seven years in Transport for London’s Strategy and Planning team where he led economic analysis and case making for major projects including The Northern and Bakerloo Line Extensions and Crossrail 2. He also played a leading role in writing major strategy documents for the Mayor of London, including the 2050 London Infrastructure Strategy and two major reports on the future of London’s airports. He has written a number of articles and book chapters on transport and the economy.  Ian read Economics at the University of Cambridge and took a Masters in Transport Economics from the Institute of Transport Studies at the University of Leeds. Ian is also a qualified barrister.

“The depth and breadth of economics expertise at Cebr means it can provide really innovative solutions to real world transport problems.”

Shanker Singham

Head of Trade

Shanker Singham is one of the world’s leading trade and competition lawyers, a recognized author and adviser to governments and companies. He is Head of Trade at Cebr and is one of the most experienced, and best known international trade and competition lawyers in the world. He has lectured, written and spoken extensively, having authored over one hundred articles and book chapters, as well as the leading textbook in the field of competition and regulatory systems. He led the market access practices of two prominent law firms, most recently at Squire Patton Boggs, and has represented multinational companies and governments. He is a cleared adviser to the United States Trade Representative and Department of Commerce, and is a Non-Government Adviser to the International Competition Network.

"I focus on international trade issues, especially the interface between trade, competition and regulatory issue for clients"

Cristian Niculescu-Marcu

Head of Microeconomics

Cristian is a member of the micro team at CEBR. He has a background in commodity price forecasting and supply chain economics, prior to which he worked in fixed income research and strategy consulting. Cristian’s functional experience covers applications such as time-series econometric modelling, supply-demand modelling in addition to NPV/DCF modelling and financial analysis. Prior to CEBR Cristian spent two years at IHS-Markit.

Cristian started his career at Roland Berger, where he focused on the commodity and energy sectors. He also has two and half years of fixed income research experience where he covered the European financial system, capital market funding and central bank operations. Cristian is a CFA charterholder and holds a Master of Science (MSc) degree in Economics & Financial Economics from the University of Nottingham. Cristian also holds Bachelor of Commerce (Hons) and Bachelor of Business Science (Hons) degrees in Economics and Finance from the University of Cape Town.

"Cebr is quite unique in bringing deep economic expertise into real and actionable consulting work. The ability of Cebr’s economists to leverage expertise as a solution to real-world problems is probably our greatest attribute."

Kay Daniel Neufeld

Managing Economist

As a part of Cebr’s macroeconomics team, Kay regularly contributes to Cebr’s members service, The Prospects Service, where he provides commentary on current economic events. Kay is also a key author and analyst for bespoke research on a variety of topics. His recent projects include an analysis of the economic contribution of the social housing sector to London’s economy for Peabody and several other reports covering the role of affordable housing.

After graduating among the top 10% of his class from Humboldt Universität zu Berlin, Kay worked in the Structured and Corporate Finance Department at the Inter-American Development Bank in Washington, DC. Before coming to Cebr Kay completed a MSc in Economic Policy from UCL where he specialised in the application of empirical methods and health economics. He demonstrated his skills in an empirical analysis of health differentials between parents and children in a developing country context. Kay speaks English, German, Spanish and Portuguese.

“As an economist at Cebr you are challenged to find new, innovative approaches with every project - this is what makes Cebr an exciting and rewarding place to work.”

Beatriz Cruz

Senior Economist

As an economist on the microeconomics team, Beatriz contributes her quantitative and qualitative research experience in the analysis of several impact assessment projects. She is particularly interested in competition policy and in strategic simulation modelling under alternative market structure arrangements.

Beatriz holds a BSc in Economics from the Nova School of Business and Economics in Lisbon, Portugal and an MSc in Economics from the London School of Economics, where she specialised in industrial organisation and produced research which focused on merger simulation techniques. Beatriz speaks English and Portuguese.


"At Cebr I feel part of a brilliant team of experts in which every member provides constant mutual support."

Hassan Adan

Senior Economist

Hassan recently joined Cebr from Cambridge and is a Senior Economist in the Microeconomics team. He contributes his academic research experience in the analysis of Cebr`s impact assessment projects.  This includes Cebr`s most recent study for Arts Council England.


Prior to joining Cebr, he held an associate lectureship in Economics and a postdoctoral research fellowship at the University of Cambridge. During his tenure at Cambridge, he taught undergraduate Economics and worked on several multidisciplinary research projects including a large European Commission project and a consulting project for the government department for Business, Energy and Industrial Strategy (BEIS).


Hassan holds MPhil and PhD degrees in Economics from the University of Cambridge. For his PhD work, he received the Claydon Prize for the most outstanding PhD in Economics. Prior to that Hassan read Economics at the University of Essex graduating among the top 5% of his class.



"Cebr's applied approach to Economic Research provides thoughtful and practical answers to complex real-world problems"

Sean Slack

Senior Economist

Sean is a Senior Economist in the Microeconomics team: he applies his quantitative and qualitative research skills to contribute to Cebr’s economic impact assessment across a range of sectors. Sean has expertise and interest in public policy and, more specifically, the design of tax/transfer programmes.

Sean has a Ph.D in Economics from the University of St. Andrews, M.Sc in Economics from the London School of Economics and B.Sc in Economics from the University of St. Andrews. He held an AXA Doctoral Research Fellowship at the University of St. Andrews and his Doctoral Thesis focused on the optimal design of tax-benefit systems with imperfect monitoring technology.

"At Cebr you are given the opportunity to work on a vast array of interesting projects with your team, and so constantly develop new skills in applying economics"

Christian Jaccarini

Senior Economist

As an economist on the macroeconomics team, Christian reports on key economic developments, contributing regularly to Cebr’s members service, The Prospects Service. Christian also authors bespoke research on a variety of topics. His recent work includes an evaluation of the impact the over 50s have on UK consumer spending and a report analysing the construction industry.

Christian holds a BA in Economics from the University of Exeter and an MSc in Economics from UCL, where he specialised in industrial organisation and produced research that quantified the effect of the ‘sharing economy’ on incumbent industry. Prior to joining Cebr, he gained experience at KPMG, where he authored a report on the Maltese banking sector, and at FundTheGap, where he worked as an investment analyst.

“I enjoy working alongside the great team of economists we have at Cebr, to produce policy-shaping research on a broad range of interesting issues.”

Alastair Neame

Senior Economist

As a Senior Economist on the Macroeconomics team, Alastair oversees the publication of Cebr’s monthly housing forecasts. He has also authored a range of high profile bespoke reports including an international study on sustainability.


Before joining Cebr Alastair worked for the UK Civil Service, most recently at the Ministry of Housing, Communities and Local Government where he provided economic analysis and advice on housing markets and the house building industry. Previous roles also include time at the Department for Transport where he worked on the National Transport Model and in local government on secondment at Swindon Borough Council.


Alastair holds a BA in Economics from the University of Manchester and an MSc in Economics from Birkbeck College.

Josie Dent


As a member of Cebr’s macroeconomics team, Josie creates bespoke reports as well as frequently contributing to Cebr’s The Prospects Service. Her recent work includes research into the economic effects of the latest wave of technological improvements in manufacturing, and forecasting their impact on employment.

Josie has previously spent time working at the Bank of England, in Monetary Analysis and the Prudential Regulation Authority. She studied economics at Homerton College, Cambridge where she produced research about the effects of global value chains on the exchange rate elasticity of exports.

"Cebr offers great opportunities to work with an intelligent group of economists on a wide range of projects."

Pablo Shah


As an economist on the macroeconomics team, Pablo conducts research spanning a variety of topics. His recent work includes an evaluation of the economic impact of fuel duty on UK motorists and the haulage industry. Pablo also contributes to Cebr’s members’ service, providing updates on key economic developments.


Pablo holds an MPhil in Economics from the University of Cambridge, where he carried out research on the effect of relative income on reported life satisfaction. He also has an MEng in Civil Engineering from the University of Bristol and has experience as an engineer in the water industry, working on a range of key infrastructure projects.

"The team of economists at Cebr have expertise and experience in a diverse range of fields – this facilitates innovative and holistic solutions to real world economic problems whilst also providing an ideal environment to develop as an economist"

Robert Beauchamp


An economist working in both the microeconomics and transport economics teams, Robert carries out research and analysis across a variety of topics. He has worked on economic scenario analyses and a major, wide-ranging regional development project.


Robert studied for a BA in Economics at King’s College, Cambridge, where he focused on applied microeconomics; labour, public, and industrial. Prior to joining Cebr he worked in due diligence at Willis Towers Watson as part of a large multinational team. He has also worked as an economics tutor for prospective Oxbridge applicants.




“The range of projects and expertise at Cebr means there’s always an interesting problem to crack and someone who can crack it.”

Ben Tolliday

Client Relations Associate

Ben Tolliday handles press for Cebr and is a first point of contact for clients, helping locate the type of economics needed.

Ben studied Industrial Economics at the University of Nottingham, focusing on the sub-prime mortgage crisis which deepened the financial crash.

Since university he has co-founded a successful high-end fresh juice business supplying large retailers – which still flourishes.

Returning to economics at Cebr, Ben opted for a consultancy career in business development and public relations.

“I enjoy the combination of economic expertise and communicational skills that the role requires”

Sarah Conkay

Finance and Office Manager

Sarah has helped run the business side of Cebr since 2008 looking after the company’s finances and all administration tasks, including supporting the directors and economists to ensure a smooth-running office.

She previously held finance or PA roles with Avanti Screenmedia Group Plc, Industry Architecture and Design Ltd and Allsopp & Co. Accountants.

She was educated in commerce, accounting and office management in Leicestershire.

"There's never a dull moment with all these bright sparks around!"