It has been announced that Lord Myners of Truro will retire as chancellor of the University of Exeter at the end of 2021 after five years in the role.
Paul Myners CBE is only the university’s sixth chancellor after its establishment in 1955. He succeeded Floella Benjamin in 2016.
A Corishman, Lord Myners was raised in Truro by his adoptive parents and went to Truro School. He turns 73 in April.
He was financial services secretary under Prime Minister Gordon Brown from 2008-2010 and became a member of the House of Lords in 2008.
Lord Myners was chair of the Guardian Media Group for eight years, and has led other large businesses, including Marks & Spencer and Land Securities. He has also undertaken numerous third sector roles.
The University of Exeter awarded him an honorary doctorate of laws in 2003.
Regarding his retirement, Lord Myners said: “It has been a pleasure and an honour to have served as Chancellor and to have presided over many graduation ceremonies during this time.
“As a proud Cornishman, it has been a privilege to have been a part of the University’s successes over the past five years and to have been able to meet and congratulate so many new graduates as they set out to change the world.”
Vice-Chancellor Professor Lisa Roberts said: “On behalf of everyone in the University community, I would like to thank Paul for his service as Chancellor and for being such a great friend of the University for many years. The search now begins for his replacement. We will be looking for an exceptional individual to support our new long-term strategy.”
Chair of Council Sarah Turvill said: “The Council of the University would like to extend its deepest gratitude to Paul for all the support he has provided to the University, to our students and alumni over the past five years. He will be a difficult act to follow.”