The current Lord Mayor serving for two years 2019-2021 is the Rt Hon Alderman William Russell who is the 692nd Lord mayor of the City.
The Rt Hon the Lord Mayor of the City of London is an international ambassador for the UK’s financial and professional services sector. The UK is the leading exporter of financial services across the world, to the value of £64bn. London houses more foreign banks, and accounts for more international bank lending, than any other centre. The UK also offers exceptional maritime services, Islamic finance, legal services, insurance, education, and infrastructure financing and delivery.
Together, financial and professional services employ 2.3m people across the UK, with two thirds of these jobs outside of London. There are plenty of good stories to tell and it is the Lord Mayor’s job to tell them, at home and abroad.
The Lord Mayor also heads the City of London Corporation, the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK. Together with other leading members of the City Corporation he makes sure that the City’s interests are reflected in local and national policy. One of the City’s many traditions is that, within its boundaries, only the Sovereign takes precedence of the Lord Mayor. During his year in office the Lord Mayor hosts diverse visiting heads of state, heads of government and other foreign dignitaries on behalf of Her Majesty and HM Government.
The Lord Mayor works closely with the Mayor of London, Sadiq Khan, although they have distinct and separate responsibilities.