Annual Review 2017/18 V Chatham House, the Royal Institute of International Affairs, is a world-leading policy institute based in London. Our mission is to help governments and societies build a sustainably secure, prosperous and just world. V Chatham House Annual Review 2017/18 Contents About us Financial information 02 Chair’s statement 38 Honorary Treasurer’s report 04 Director’s statement 40 Financial headlines 06 Looking ahead to the Chatham House centenary 08 Mission and governance 10 Key events Governance 12 Outreach 14 The Queen Elizabeth II Academy for 42 Patron, Presidents and Council Leadership in International Affairs 43 Panel of Senior Advisers Delivering our mission Funders and members 16 Making the world more secure in uncertain times 44 Individual supporters 24 New thinking on how societies 46 Partners can flourish and be prosperous 46 Key project and Academy supporters 32 Contributing to a more just society 46 Research and event supporters 47 Institutional members 50 Annual Fund donors Staff and fellows 50 Staff, consultants and associate fellows Chatham house annual Review 2017/18 Chair’s statement Chatham House continues to strengthen its reputation and position as one of the world’s leading policy institutes. In this, my final chair’s statement to our members communications and in our human resources. and supporters, after six years as chair of Alongside the steady growth in our research Council, I am pleased to report that Chatham capacities and output, these investments are House continues to strengthen its reputation now paying dividends as we move towards and position as one of the world’s leading policy our centenary in 2020. institutes. Crucially, the institute has taken As noted in more detail in the Honorary advantage of the significant investments that Treasurer’s report (see page 38), operational we have made in recent years to secure its future. revenues for 2017/18 were £16,417,000, some These include the new premises and facilities 9 per cent higher than in 2016/17. And total in Ames House, as well as investment in digital net assets as at 31 March 2018, excluding 2 Chair’s statement the value of Chatham House itself, were that reside with them could not be in better £16,583,000, compared with £15,912,000 hands. I will miss their drive and enthusiasm and on 31 March 2017 – an increase of 4 per cent, will take comfort in knowing that my successor, largely reflecting the fixed asset investment Lord O’Neill, will be well served when he takes as a result of the refurbishment of the ground up the chair’s role in July. Sadly, Jim will not floor of Ames House. have the benefit of the wise counsel of Sir Jeremy While the institute continues to focus on Greenstock, Peter Montagnon and Sir Richard producing high-quality outputs and world-class Lambert, who step down this year and who do analysis, finding innovative ways to deliver so with my good wishes and gratitude. our research findings is becoming increasingly It has been an honour to serve as your chair important. The Hoffmann Centre for Sustainable for six years and, prior to this, as a member Resource Economy and our Moving Energy of Council for 13 years. I have had the good Initiative are just two examples of our new fortune to chair the Council through a period approaches (see pages 24 and 35). Indeed, of sustained growth and adaptation by the I was delighted that the work of our Energy, institute to ensure its relevance to the next Environment and Resources Department, generation. I would like to acknowledge under which these initiatives are housed, was two major initiatives in this regard – the acknowledged again in the annual Prospect establishment of the Queen Elizabeth II magazine Think Tank Awards, where Chatham Academy for Leadership in International Affairs House was named best think-tank in the energy in 2014, and the opening of the Stavros Niarchos and environment category. Foundation Floor in 2017. This year, as ever, Chatham House While all the members of staff at Chatham members and supporters remain indispensable House are to be credited for the institute’s to our success. Without your engagement, recent success, these two initiatives lead enthusiasm and input, the institute could not me to single out two individuals for specific fulfil its mission. We also hugely appreciate thanks. First, Paul Curtin, finance director and the input of the many policymakers, business COO, and secretary to the Council since 2005, people, academics, journalists and other without whose unwavering tenacity, hard diverse, international voices who contribute work and efficiency these initiatives would ‘ Finding to our events and work. This past year, we not have come to fruition, and without whom innovative have hosted meetings with these groups not Council would be far less effective. Secondly, ways to deliver only in London, but also in Abuja, Beijing, Berlin, Robin Niblett, director of Chatham House since the institute’s Brussels, Harare, Muscat, New York, Riyadh, 2007, whose vision, energy, efficacy and ability research Seoul and Singapore. to mobilize his colleagues with intelligence and As in previous years, I am indebted to good humour have provided the institute with findings is my colleagues on Council for their support, such a strong platform for its future success. becoming engagement and expertise. I can say with full increasingly confidence that the governance responsibilities Stuart Popham QC important.’ 3 Chatham house annual Review 2017/18 Director’s statement The world has entered one of the most politically turbulent periods in the modern era. I wrote a year ago that the world has entered us to create more multimedia content, which one of the most politically turbulent periods in has, in turn, enabled us to reach expanded and the modern era. This rings even more true now, more diverse audiences for our work. The new as relations have seriously deteriorated between SNF Floor has also provided staff with an open, the US administration and its European allies, multifunctional meeting area and has alleviated while instability persists across the Middle some of the space pressures which had been East, and China and Russia increase their created by our growing staff numbers. strategic influence. As you will read in the following pages, Over the past year, Chatham House has our research is currently centred around three assessed these changes and proposed ways to themes: making the world more secure in manage the associated risks, while seeking out uncertain times; offering new ideas on how opportunities to expand prosperity and security societies can flourish and be prosperous; and across the world. Adam Ward, our deputy contributing to a more just society. A growing director, led the publication of the first Chatham number of cross-cutting projects enable House Expert Perspectives report on risks and us to address topics within each of these opportunities in international affairs, to coincide themes, including cyberthreats, transatlantic with our fifth annual London Conference on relations, the future of the EU–China economic 21–22 June 2018. The conference was attended relationship, regulating data, vulnerabilities in by over 450 participants from 71 countries. global food trade and implementing universal Furthermore, using our new simulation centre health coverage. on the Stavros Niarchos Foundation (SNF) Floor, Our ability to do so has been enhanced by the our research teams are ‘stress-testing’ their ideas appointment of several new senior research staff: in exercises involving both practitioners and Hans Kundnani as senior fellow in the Europe experts. For example, in June 2017 the Centre on Programme; Champa Patel as head of the Asia- Global Health Security and the Africa Programme Pacific Programme; and Leslie Vinjamuri as head hosted our first scenario exercise, which explored of the US and the Americas Programme and dean how to respond to a humanitarian emergency of the Queen Elizabeth II Academy for Leadership that required landmine clearance. Since then, in International Affairs. In addition, Bernice Lee we have hosted other simulation and scenario- will take over as the new research director of planning exercises, including on cyberattacks, our Global Economy and Finance Department, ‘ The new Brexit ‘futures’ and the rise of the populist parties alongside her continuing role as executive media studio in Europe. director of the Hoffmann Centre for Sustainable has enabled We have also used the new facilities to Resource Economy. host events supported by modern audiovisual During the coming months, we will lay the us to reach systems; to stress-test our own communications foundations to mark the institute’s centenary in expanded and strategy; and even to conduct a round of the summer of 2020. In doing so, we will draw more diverse scenario-based interactive job interviews. The on our archives to acknowledge the institute’s audiences new media studio and editing facilities have led unique achievements over the past 100 years, for our work.’ 4 DireCtor’s statement recognize those many individuals who have the institute as a whole, during this period. His supported us along the way, and set out our measured advice to management and collegiate objectives for the future. In preparation, we have leadership of Council have been invaluable already launched a series of members’ events during a period in which the institute has with a historical focus, examining how the more than doubled in size, and in which it has lessons from the past can inform international thrived despite the increasingly competitive affairs and policy thinking today. environment for policy convening, analysis In closing, I would like to pay tribute and and ideas. We look forward to welcoming offer my sincere thanks to Stuart Popham, who Stuart back to Chatham House as a highly steps down this year after six years as chair of engaged individual member, and wish him the institute and 13 years between 2005 and all the best for the future.