| Code | DS/UK/169 |
| Surname | Thompson-McCausland |
| Forenames | Lucius Perronet |
| Dates | 1904 - 1984 |
| Epithet | Adviser to the Governors (1949 - 1965) |
| Activity | L P Thompson (later Thompson-McCausland) was born on 12 December 1904 and educated at Repton and Kings College, Cambridge (Class I in both parts of the Classical Tripos). He worked briefly for Helbert Wagg and for longer periods with the Financial News and with Moody's Economist Services (as Joint Managing Director) before joining the Bank as a temporary clerk to help with Exchange Control in October 1939. He became an Assistant Adviser in 1941 and an Adviser to the Governors in 1949. He retired in September 1965. During his time in the Bank he was particularly concerned with external finance. He went with John Maynard Keynes to Washington in 1941 to help with the establishment of Lend Lease and again, to the pre Bretton-Woods Conference, in 1943. In the summer of 1947 he was a member of the United Kingdom (UK) Delegation at a conference in Geneva and in December at a conference in Havana, which led to the establishment of the General Agreement on Tariffs and Trade (GATT). He played a leading part in discussions about the reform of the International Monetary system in the early 1960s. After his retirement he was a consultant to the Treasury on international monetary problems, a director of Dun and Bradstreet and, from 1970, Chairman of Trinidad Caribbean Oils. He contributed the first signed article to the Quarterly Bulletin, on the place of Special Drawing Rights (SDR) in the international monetary system, in June 1968. Outside the Bank he was Chairman of the Governing Body of Repton School, 1959-71, Chairman of the Corporation of Working Men's College in North London, 1964-69, and High Sheriff of Hertfordshire, 1965-66. He was appointed CMG in 1966. He died in 1984. |
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