Ellam studied economics at Cambridge University and the London School of Economics. A career Civil Servant, he joined HM Treasury in 1993. He held a succession of posts including Private Secretary to Chancellor Kenneth Clarke, Head of Debt and Reserves Management and Director of Policy. He was appointed Director of Communications at 10 Downing Street under Gordon Brown from 2007 to 2009. In 2009, he returned to HM Treasury as Director General International Finance continuing into the premiership of David Cameron. . He was appointed Chairman of the EU Financial Services Committee in 2011. He joined HSBC in 2013 and is currently Co-Head of Public Sector Banking in the Global Banking and Markets Division. He was awarded a CB by Her Majesty the Queen in 2014 for services to international finance policy.
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