NEW YORK, December 17, 2015 – The Board of Directors of the Financial Services Volunteer Corps (FSVC) today announced the election of Sir Paul Tucker to the Board of Directors.
“I am really delighted to be involved with FSVC. It does great work for developing countries around the world, helping the evolution of sound and honest financial services to play a critical role in supporting growth and welfare.”
Mr. Tucker is the former Deputy Governor of the Bank of England and member of the Steering Committee of the G20 Financial Stability Board. At the Bank of England, he had a distinguished thirty-year career earning a reputation as one of the world’s foremost central bankers and respected financial policy thinkers. Mr. Tucker is now a fellow at the Kennedy School of Government at Harvard University. Earlier this month, Mr. Tucker was named Chair of the Systemic Risk Council, succeeding Sheila Bair, the Council’s founding Chair, who also served as Chairman of the Federal Deposit Insurance Corporation from 2006 through 2011.
“We are all delighted to have a global leader of Paul’s caliber join this Board. The reforms he has promoted have helped to create a more resilient international banking system. Paul’s experience and vision will help expand FSVC’s influence worldwide and strengthen our impact in emerging market countries,” commented FSVC Chairman William H. Donaldson.
FSVC’s President and CEO Andrew Spindler echoed Mr. Donaldson’s comments, adding, “Paul Tucker is an outstanding public servant and a leading expert on the architecture of the global financial system. His unique experience in the global markets and economy, combined with the important role he played in helping the G20 countries overcome the global financial crisis, will be a great asset to FSVC.”