Rachel Lomax is a renowned economist who served as Deputy Governor of the Bank of England from 2003 until 2008.
Before joining the Bank of England, Rachel was a senior civil servant and Permanent Secretary of three UK Government departments, the Department of Work and Pensions, the Welsh Office and the Department for Transport.
Earlier in her career, she was Vice President and Chief of Staff to the President of the World Bank from 1995 until 1996 and previously Head of the Economic and Domestic Secretariat at the Cabinet Office for the UK Government. Before that, she was Principal Private Secretary to the Chancellor of the Exchequer (Minister of Finance), Nigel Lawson.
Rachel is a non-executive director of several organisations including HSBC and BAA as well as President of the Institute of Fiscal Studies.
Rachel Lomax was on the board of HSBC from 2008-17 and was involved with City UK and IRSG between 2013-16. She is currently non-executive director of Heathrow Airport, Serco and SETL, as well as a trustee of Bruegel, a Brussels-based European think tank of which she was formerly director.
Rachel Lomax’s extensive experience of international financial policymaking at the highest levels makes her a heavyweight commentator on economic matters today. She draws on her extensive experience to speak on macroeconomics, the financial markets, monetary policy, public-private sector issues and global institutional reform.
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