Just days in to his new position as Minister for the City under Gordon Brown's government, former Gartmore chief executive Paul Myners faced a financial maelstrom. After seven years out of executive employment, he was forced back into the spotlight, playing a significant role in drawing up the UK Treasury's plan to bail out the beleaguered banking sector.

Myners, a graduate of University College London, was appointed Minister for the City of the Government and Financial Services Secretary in the HM Treasury on October 5. He will also serve on the Prime Minister's National Economic Council.