Rachel Lomax is a respected economist with a strong background in government, finance, and academia. She specializes in macroeconomics, monetary policy, and financial regulation.
Rachel served as Deputy Governor of the Bank of England from 2003 to 2008, where she was part of the Monetary Policy Committee and played a key role in shaping the UK's economic policy. Prior to this, she was Permanent Secretary in several UK government departments, including Transport and Work and Pensions, where she managed complex policy issues and public sector reforms.
Rachel has also held senior positions at the World Bank and the Cabinet Office, further developing her expertise in international financial policy. Since 2008, she has worked in the private sector, serving as an independent non-executive director on the HSBC global board and holding board roles at Heathrow Airport and Serco. She has been involved with the City UK’s International Regulatory Strategy Group.
Rachel is a trustee and former director of Bruegel, a European think tank, and is the President of the Institute of Fiscal Studies. She is a sought-after speaker on financial markets and global institutional reform, known for her valuable insights. Throughout her career, Rachel has shown exceptional leadership and continues to impact the global economic landscape.
