Tera Allas

Tera is a senior advisor to McKinsey & Company, having led their UK economic research for 10 years. She chairs The Productivity Institute’s Advisory Committee and co-chairs The Health Foundation’s NHS Productivity Commission. She is a trustee of Be the Business and a governor of the National Institute of Economic and Social Research and contributes to several expert advisory bodies, including for the Office for Budget Responsibility. She holds an Honorary Professorship at the Alliance Manchester Business School and is a Fellow of the Royal Economic Society (FREcon), the Academy of Social Sciences (FAcSS) and the RSA (FRSA).

Previously, Tera served on the boards of Innovate UK and the Royal Economic Society, and on the States of Jersey Fiscal Policy Panel, and advised organisations on innovation policy and strategy. Over a period of 10 years, she held chief economist roles at the UK’s energy, transport, and business departments. At the Department for Business, Innovation and Skills, she was Director General for Strategy, Analysis, and Better Regulation and Deputy Head of the UK Government Economic Service. Earlier in her career, she spent over a decade as a management consultant at McKinsey.

Tera holds an MSc in Technology (Industrial Economics) with distinction from Helsinki University of Technology and an MBA with distinction from INSEAD.