Board of Directors

William H. Donaldson
William Donaldson is the Chairman and CEO of Donaldson Enterprises.  He served as Chairman of the U.S. Securities and Exchange Commission during 2003-2005.  He previously served as Chairman and CEO of the investment banking firm Donaldson, Lufkin & Jenrette and Alliance Capital, both of which he co-founded; Chairman and CEO of the New York Stock Exchange;  and Chairman, President and CEO of Aetna.  Mr. Donaldson co-founded the Yale University School of Management and served as its first dean and tenured professor.  His government service spans five Presidential administrations, and includes service as U.S. Under Secretary of State
Julian C. Schroeder
Julian Schroeder is a private investor.  He was Co-Founder and Principal at Credit Renaissance Partners, LLC.  Prior to assuming his current position, he was the Managing Director for International Fixed Income Research at Schroeder’s, a global asset management company.
J. Andrew Spindler
President and CEO
Andrew Spindler has led FSVC and overseen its work since 1993.  He was previously a Senior Vice President at the Federal Reserve Bank of New York, where he helped develop the first international risk-based capital standards and served on the Basel Supervisors Committee.  He spent earlier periods of his career in international banking and at the Brookings Institution.  He has served since 2004 as a member of the Board of the Dubai Financial Services Authority, the supervisory authority for the Dubai International Financial Center.
Stephen H. Axilrod
As a global economic consultant, Stephen Axilrod focuses mainly on monetary policy.  Mr. Axilrod previously served as Staff Director for Monetary and Financial Policy and Staff Director and Secretary of the Federal Open Market Committee at the Board of Governors of the U.S. Federal Reserve System.  He currently serves as the Chairman of FSVC’s Audit Committee.
William J. Burns
William J. Burns is President of the Carnegie Endowment for International Peace.  He previously served as U.S. Deputy Secretary of State.  Prior to his tenure as Deputy Secretary, Ambassador Burns served from 2008 to 2011 as Under Secretary for Political Affairs.  He was Ambassador to Russia from 2005 to 2008, Assistant Secretary of State for Near Eastern Affairs from 2001 to 2005, and Ambassador to Jordan from 1998 to 2001. 
Robert L. Clarke
Robert Clarke is a Senior Partner in the international law firm of Bracewell & Giuliani LLP.  He was appointed U.S. Comptroller of the Currency in 1985 and served in that capacity until 1992.  He has served from 2004 through 2015 as a member of the Board of the Dubai Financial Services Authority, the supervisory authority for the Dubai International Financial Center.
Jill M. Considine
Jill Considine serves as a Trustee of the A.I.G. Government Trust.  She previously served as Chairman and CEO of the Depository Trust & Clearing Corporation (DTCC) and continues as a Senior Advisor to that firm.  She was previously President of the New York Clearing House Association, Superintendent of Banks for New York State, and a Director of the Federal Reserve Bank of New York.
John L. Douglas
John Douglas is a Partner at Davis Polk & Wardwell LLP, where his practice concentrates on the regulation of financial institutions, bank mergers and acquisitions, and other transactions involving banks.  He previously chaired the Financial Services and Products Group at Alston & Bird LLP.  He served as General Counsel of the U.S. Federal Deposit Insurance Corporation during 1987-89.  He currently serves as the Chairman of FSVC’s Executive Committee.
Randall D. Guynn
Randall Guynn is head of the Financial Institutions Group of Davis Polk & Wardwell LLP.  His practice focuses on providing strategic bank regulatory and enforcement advice and advising on M&A and capital markets transactions when the target or issuer is a banking organization or other financial institution.  He also advises on bank failures and recapitalizations, corporate governance and internal controls, cross-border collateral transactions, credit risk management, securities settlement systems and payment systems.  His clients include all three of the largest U.S. and many of the world’s leading European and Asian banking organizations.  Mr. Guynn was recognized as one of the most prominent U.S. legal advisers during the financial crisis.  See “In the Red Zone,” The American Lawyer (January 2009).
Carla A. Hills
Carla Hills is Chairman and Chief Executive Officer of Hills & Company, International Consultants, and serves as Co-Chair of the Council on Foreign Relations.  She has previously served as U.S. Trade Representative and U.S. Secretary of Housing and Urban Development.
Allan J. Hirst
Allan Hirst is an international financial consultant and former President of Citigroup Russia.  He also oversaw Citigroup’s businesses in Kazakhstan, Ukraine and other CIS countries.  Previously, he managed Citibank’s wholesale banking business in the Middle East.
Reuben Jeffery III
Reuben Jeffery is CEO of Rockefeller & Co.  He previously served as U.S. Under Secretary of State for Economic, Energy and Agricultural Affairs, and Chairman of the Commodity Futures Trading Commission.  Mr. Jeffery spent eighteen years at Goldman, Sachs & Co., where he was managing partner for the firm in Paris (1997-2001) and head of its European Financial Institutions Group (1992-1997).
Henry A. Kissinger
Henry Kissinger is Chairman of Kissinger Associates, Inc.  He served as U.S. Secretary of State from 1973 to 1977.  He held the position of Assistant to the President for National Security Affairs from 1969 to 1975.  From 1954 until 1971, he was a member of the faculty of Harvard University.  Dr. Kissinger received the Nobel Peace Prize in 1973.
Randal K. Quarles
Randal Quarles is Founder and Managing Director of The Cynosure Group, a U.S. private investment firm, and former Under Secretary of the Treasury for Domestic Finance from 2005-2006.  From 2002-2005, Mr. Quarles served as Assistant Secretary of the Treasury for International Affairs.  He represented the United States in the Group of Seven (G7), Group of Twenty (G20), and Financial Stability Forum, and served as U.S. Executive Director at both the International Monetary Fund and the European Bank for Reconstruction and Development.   Before founding Cynosure, Mr. Quarles was a partner at The Carlyle Group, one of the world’s largest private equity firms.  He has also served as a member of the Board of Directors of the U.S. Overseas Private Investment Corporation.

John L. Thornton
John Thornton is the Chairman of Barrick Gold Corporation.  He is also the Non-Executive Chairman of PineBridge Investments, a global asset management company, and Co-Chairman of the Brookings Institution.  Mr. Thornton is on the board of directors of Ford Motor Company, and the advisory boards of China Investment Corporation (CIC) and the China Securities Regulatory Commission.  Mr. Thornton is also a Professor and Director at the Global Leadership Program of the Tsinghua University School of Economics and Management in Beijing.  Mr. Thornton retired as President and Director of The Goldman Sachs Group, Inc., in 2003.
Paul Tucker
Sir Paul Tucker is a research fellow at Harvard’s Kennedy School of Public Policy, and is the chair of the Systemic Risk Council, a private sector, non-partisan body committed to addressing regulatory and structural issues relating to global systemic risk, with a particular focus on the United States and Europe.  From 2009 to 2013, he was the Deputy Governor of the Bank of England, where he spent more than three decades. 
John L. Walker
John Walker is a leading expert on the policy and regulatory framework for financial systems.  Mr. Walker was a Partner at Simpson Thacher & Bartlett LLP, where his thirty-year practice focused on the convergence of the commercial banking and investment banking businesses and the consolidation of financial institutions.  He is a Director of Hamilton State Bancshares, a bank holding company in the Southeastern United States.

Paul A. Volcker
Honorary Chairman
Paul Volcker served as Chairman of the Board of Governors of the U.S. Federal Reserve System from 1979 to 1987.  He has also served as Chairman of the Board of Trustees of the International Accounting Standards Committee, Chairman of the Independent Inquiry Committee for the United Nations Oil-for-Food Program, and Chairman of President Obama’s Economic Recovery Advisory Council.  He divided the earlier stages of his career among the Federal Reserve Bank of New York, Chase Manhattan Bank and the U.S. Treasury Department.  He served as Co-Chairman of FSVC’s Board from 1998 to 2005.