From 1980-89 Paul Tucker worked as a banking supervisor; a corporate financier at a merchant bank; and on projects to reform the Hong Kong securities markets and regulatory system following the 1987 crash, and then the UK's wholesale payments system, leading to the introduction of real-time gross settlement. He was Principal Private Secretary to Bank of England Governor Leigh-Pemberton for 3½ years until 1993, from where he moved to the domestic market operations area. He became Head of Gilt-Edged & Money Markets Division in mid-1994, during a period of reforms in the gilt and sterling money markets. He was Head of Monetary Assessment and Strategy Division 1997-1998, which is responsible for assessing UK monetary conditions and issues concerning the monetary framework. From January 1999-May 2002, he was Deputy Director, Financial Stability, and was closely involved with the Bank's Financial Stability Review over those years. From May 1997 to June 2002, he was also on the Secretariat of the Monetary Policy Committee, preparing the published minutes. From June 2002 to February 2009, he was Executive Director for Markets.
Trinity College, Cambridge, Mathematics (Parts I and II) and Philosophy (Part II); 1976-1980.