The Society’s key decision-making bodies are the Executive Committee and the Council, both of which are chaired by the President.  Our governing documents are the original and supplemental Royal Charter and bye-laws.  The current bye-laws were approved by the Privy Council in December 2011.  

Our annual report and accounts provide a summary of our financial position and key activities.

The Society operates a triumvirate presidential system with three Presidents serving at any one time for a three-year term, as President-elect, President and Immediate Past President.

Executive Committee and Council are supported by a series of committees, to whom certain work is delegated.


Prof Dame Carol Propper


Carol is Professor of Economics and Associate Dean of Faculty & Research at Imperial College Business School, London. In 2010 she was awarded a CBE for her services to social science, in 2014 she was elected as a fellow of the British Academy and in 2018 she was appointed as an International Fellow of the National Academy of Medicine. In recognition of her work she has twice been awarded the Arrow Award and received the American Economic Association 2016 prize.

Prof Sir Tim Besley

President Elect

Professor Sir Tim Besley is School Professor of Economics of Political Science and W. Arthur Lewis Professor of Development Economics in the Department of Economics at LSE. He is also a member of the National Infrastructure Commission, Fellow of the Econometric Society and British Academy. He is also a Foreign Honorary Member of the American Economic Association and the American Academy of Arts and Sciences.

Prof Rachel Griffith

Past President

Rachel is Professor of Economics at the University of Manchester and a Research Director of the Institute for Fiscal Studies (IFS). She was awarded a CBE in the Queen's Birthday Honours 2015 for services to economic policy. She is a Fellow of the Econometric Society, the British Academy, the Academy of Social Sciences and a Research Fellow of CEPR.


Learn more about our London office and staff.


Learn more about our strategy and future plans.

Annual Review

Find out more about our activities during the past year.