Paul Tucker is a senior fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School and at Harvard Business School. He was deputy governor at the Bank of England from 2009 to October 2013, having joined the Bank in 1980. He was a member of the Bank of England’s Monetary Policy Committee, Financial Policy Committee (vice chair), Prudential Regulatory Authority Board (vice chair), and Court of Directors. Internationally, he was a member of the steering committee of the G20 Financial Stability Board, and chaired its Committee on the Resolution of Cross-Border Banks in order to solve the too big to fail problem. He was a member of the board of directors of the Bank for International Settlements, and was chair of the Basel Committee for Payment and Settlement Systems from April 2012.
During his 30 years at the Bank of England, he ran the areas responsible for monetary policy strategy, market operations, and financial stability, as well as working as a bank supervisor. He had secondments to an investment bank and to Hong Kong, where he helped reform securities markets and regulation following the 1987 stock market crash.