Paul Fisher was a policy-maker at the Bank of England for 26 years, serving on its Monetary Policy Committee, interim Financial Policy Committee and the board of the Prudential Regulation Authority, as well as on several international committees. He was executive director for markets from 2009–14, executive director for insurance supervision 2014–15 and deputy head of the PRA 2014–16.
During his time in the PRA, Fisher was responsible for co-ordinating the UK central bank’s work on climate change and, subsequently, he was a member of the European Union’s High-level Expert Group on Sustainable Finance 2017 and the UK Green Finance Taskforce 2017/18.
Fisher now has a diversified career of non-executive, consultancy and academic roles, including: serving as chair of the London Bullion Market Association; non-executive director at the UK Debt Management Office; consultancy work and technical assistance for central banks; and teaching on a comparative central banking course for Warwick University Business School.
Swollen balance sheets carry significant risks for combating inflation, ensuring financial stability and preserving central bank credibility, independence and effectiveness. How can central banks reduce them?
The BoE’s Paul Fisher says there is a growing need for all-round central banking education