Sam Woods (civil servant) explained

Sam Woods (born 7 May 1973)[1] is a New Zealand-born British civil servant. In July 2016, he became the deputy governor of the Bank of England, and head of the Prudential Regulation Authority (PRA), which oversees the UK banking and insurance sectors.[2] [3] [4] As head of the PRA, he succeeded Andrew Bailey, who became the head of the Financial Conduct Authority (FCA). Prior to his role at the Bank, Woods held positions at HM Treasury, UK Financial Investments, the Independent Commission on Banking, and earlier at Diageo and McKinsey.[5]

Woods was educated at Winchester College,[6] graduated in history and English from the University of Oxford in 1995 and has an MBA from INSEAD.[7] He is married to Mary Starks, an executive at the Office of Gas and Electricity Markets. They reside in Stockwell, London, and have three children.[1]

Notes and References

  1. Web site: Treanor . Jill . 19 April 2020 . Sam Woods interview: I had to threaten the banks over dividends . The Sunday Times . 23 August 2024.
  2. Web site: Sam Woods appointed as new PRA chief. BBC News. 23 April 2016.
  3. Web site: Sam Woods - Executive Director, Insurance Supervision. 23 April 2016.
  4. Web site: George Osborne picks Bank of England insider Sam Woods to be new City enforcer. Tim Wallace. 8 April 2016. The Telegraph. 23 April 2016.
  5. Web site: Sam Woods appointed Bank of England deputy governor. Treanor. Jill. 8 April 2016. The Guardian. 30 May 2016.
  6. News: Burton . Lucy . 12 January 2020 . Bank of England deputy governor Sam Woods: 'I will defend ringfencing of banks to my last drop' . The Daily Telegraph.
  7. Web site: Aldrick . Philip . 2 April 2020 . A natural seen as one of Bank of England's next leaders . The Times . 23 August 2024.