Dame Colette's first term as an external member of the Financial Policy Committee ends on 31 August 2022. Her second 3-year term will end on 31 August 2025.
Currently a trustee of the Nuffield Foundation and the IFRS Foundation, Dame Colette is also a member of the Steering Group of the Qatar Centre for Global Banking and Finance at King's College London. She was previously the Chairman of the Banking Standards Board (2014-2019), Ofcom (2009-14) and a board member of the UK Statistics Authority (2010-2018) and the Department for Transport (2014- 2017).
She has held multiple senior board roles across commercial and public sector institutions, including board memberships at Morgan Stanley Bank International (2005-2011), Axa Investment Managers (2012-2014) and was Chairman of Electra Private Equity (2010-2014) - among other positions. Dame Colette's expertise extends across a wide range of areas including investment management, banking, private equity, and regulation.
She holds a PhD in economics from Queen Mary University of London and served as chairman of Queen Mary's governing body from 2004-2009.
She is also currently a Trustee of the RC Diocese of Westminster and a governor of Highbury Grove School.
About the Financial Policy Committee (FPC)
- The FPC is the UK's macroprudential regulator: its objective is to protect and enhance the stability of the UK's financial system by identifying, monitoring and addressing systemic risks.
- The FPC has thirteen members. Six of them are Bank of England staff: the Governor, four Deputy Governors and the Executive Director for Financial Stability Strategy and Risk.
- There are also five external members who are selected from outside the Bank for their experience and expertise in financial services.
- The Committee also includes the Chief Executive of the Financial Conduct Authority and one non-voting member from HM Treasury.
