Financial Services Group
Fireside chat with Head of PRA, Sam Woods
Tuesday 21 November, 18:30 for 19:00 – 21:30
This event is sponsored by Travers Smith
The UK Financial Services industry continues to face many challenges and opportunities both internationally and domestically, be it ripples from US bank runs, liability-driven investment woes or changes forced by Brexit and generative AI. Overlaying that is an ever-developing mosaic of local and global regulations to try and ensure a better and safer industry for all stakeholders and ensure the industry can be a force for good. With that in mind, we are delighted that Sam Woods has agreed to update alumni on his and the PRA’s work in the UK and more widely to help maintain and build the UK’s status as a leading financial centre.
Sam Woods (MBA 98D) assumed the role of Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority (PRA) on 1 July 2016. As Deputy Governor for Prudential Regulation and CEO of the PRA, Sam Woods is also a member of the Bank of England’s Court of Directors, the Prudential Regulation Committee, the Financial Policy Committee, and the Board of the Financial Conduct Authority.
Sam’s previous role was Executive Director of Insurance at the PRA. In this role, Sam was responsible for overseeing the monitoring and regulation of over 600 life and general insurance firms. Sam joined the Financial Services Authority (FSA) in 2011 and transferred to the Bank of England in 2013 with the integration of the PRA. He served as Director for Financial Stability Strategy and Risk, and prior to that was Director for Domestic UK Banks Supervision. Before joining the FSA/Bank, Sam spent ten years at HM Treasury in a variety of senior roles.
Sam will be speaking to Kara Cauter from EY and the audience on the latest developments at this pivotal time.
Kara Cauter, EY EMEIA Capital Markets Consulting Partner is a leader in the EY EMEIA Capital Markets services focused on helping large, complex financial institutions understand, respond to and manage their risks and regulatory obligations. Kara is at the forefront of efforts to educate the market about the impact of emerging technologies on the financial sector and the opportunity for these same technologies to transform how financial firms understand and manage their risks to provide better
outcomes for all stakeholders.
Please note that we are unable to admit members of the press and this event will be held under the Chatham House Rule.