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Home > About the Bank > Prudential Regulation Authority Board members

Prudential Regulation Authority Board members

PRA Board imageThe Prudential Regulation Authority is the UK’s prudential regulator for banks, insurers and major investment firms.

The PRA’s most important decisions are taken by its Board, chaired by the Governor of the Bank of England.  Four members of the Board are Bank staff, including The Governor and three Deputy Governors. ​​The PRA Board has a majority of independent external members, including the Chief Executive of the Financial Conduct Authority and six others selected for their experience and expertise in financial services.


Mark Carney ​Mark Carney - Governor
Term of appointment: 1 July 2013 - 30 June 2021

Mr Carney has announced that he will serve to 30 June 2019
Sam Woods

Sam Woods - Prudential Regulation & Chief Executive of the Prudential Regulation Authority
Term of first appointment: 1 July 2016 - 30 June 2021

Nemat Shafik Nemat (Minouche) Shafik - Deputy Governor, Markets & Banking
Term of appointment: 1 August 2014 - 31 July 2019

Dr Shafik has announced that she will leave the Bank at the end of February 2017.
Sir Jon Cunliffe Sir Jon Cunliffe - Deputy Governor, Financial Stability
Term of appointment: 1 November 2013 - 31 October 2018
Andrew Bailey's Biography Andrew Bailey  - Chief Executive, Financial Conduct Authority
David Belsham - External member
Term of appointment: 1 May 2015 - 31 April 2018
Norval Bryson - External member
Term of appointment: 1 September 2015 - 31 August 2018
Sandra 'Sandy' Boss - External member
Term of appointment: 1 September 2014 - 31 August 2017
Charles Randell Charles Randell - External member
Term of appointment: 20 February 2014 - 19 February 2017
​First appointed: 20 February 2013
David Thorburn - External member
Term of appointment: 1 September 2015 - 31 August 2018
mark Yallop  Mark Yallop - External member
Term of appointment: 1 December 2014 - 30 November 2017

Policy on conflicts of interest of the "appointed members" of the PRA Board

Prudential Regulation Authority senior management team

Sam Woods
Sam Woods

Chief Executive Officer
David Rule
David Rule
Executive Director
Insurance Supervision
Lyndon Nelson
Lyndon Nelson

Deputy CEO of the PRA and
Executive Director for
Supervisory Risk Specialists & Regulatory Operations
James Proudman
James Proudman

Executive Director
Deposit Takers Supervision
Sarah Breeden
Sarah Breeden
International Banks Supervision
Victoria Saporta
Victoria Saporta
Executive Director
Prudential Policy