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Sir Donald joined the Board in July 2012 and became Chairman on 1 September 2012. He is also Chair of the Nomination Committee. Sir Donald is currently Chairman of the Legacy Council of the Medical Research Council, has recently chaired the London Stock Exchange and was a past Chairman of the Royal Mail plc, Smiths Group plc, the London Metal Exchange, Amersham plc, Taylor Nelson Sofres plc, the ifs School of Finance and EveryChild. He has also served as Senior Independent Non-executive Director of Allied Domecq plc and Scottish Power plc.

Donald had a 20-year career with Barclays Group, during which time he was Chairman and Chief Executive of BZW Investment Management and acting Chief Executive of BZW followed by fifteen years with the AXA Group including holding the posts of Chairman and Chief Executive of AXA Investment Managers and Chairman of AXA Framlington.