David Rule

David Rule is a PRA Senior Advisor. Previously, he held roles as Executive Director for Supervision at the Financial Reporting Council; Executive Director of Insurance Supervision at the Bank of England; Executive Director of Prudential Policy at the Bank of England; and Director, International UK Banks, at the FSA and then Bank of England. Previously he worked at the Bank of England in various roles in banking supervision, financial markets, market infrastructure and financial stability analysis.

David joined the FSA in August 2009 as Head of the Macro Prudential Department. Before that, he was Chief Executive of the International Securities Lending Association, a trade body representing participants in the European securities financing market. From 1990 to 2006 David worked at the Bank in a number of roles, including market infrastructure, financial stability analysis and banking supervision. From 2002 to 2006 he was Head of Sterling Markets Division at the Bank.
 
David has a degree in Modern History from Balliol College Oxford and further degrees in Political Science from the University of Toronto and Economics from Queens’ College Cambridge. 

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