Sarah is the Executive Director for UK Deposit Takers Supervision, responsible for the supervision of the UK’s banks, building societies and credit unions. She has oversight of the Bank of England’s (Bank) work enhancing the financial system’s resilience to climate change.
Sarah was previously the Executive Director for International Banks Supervision, where having joined the directorate in 2015, she was responsible for supervision of the UK operations of international banks.
Before moving into supervision, Sarah was a Director in the PRA’s Financial Stability Strategy and Risk Directorate, where she focused on developing the UK’s macroprudential policy making framework and supporting the Financial Policy Committee. Previously she was head of the division in the Financial Stability Directorate that assessed risks to financial stability from financial markets, the non-bank financial sector, and the real economy.
Sarah led the Bank’s work to support the transition of prudential regulation of banks and insurers from the Financial Services Authority to the Bank.
Prior to that she was head of the Bank’s Risk Management Division and head of Special Projects in the Markets Directorate, leading the design and risk management of financial market operations undertaken by the Bank including those launched during the financial crisis.
Stephen is the Frederick D. Petrie Professor of Ecology and Evolutionary Biology at Princeton University. He directs the Carbon Mitigation Initiative, an effort to develop solutions to the greenhouse-warming problem. Steve is also on the Board of the Environmental Defense Fund, and is a founder and Chairman of the Board of Climate Central, a nonprofit media organization focusing on climate change. He chaired the National Academy of Sciences Committee on Carbon Dioxide Removal and Sequestration, which released its report in 2018.
Professor Pacala has researched a wide variety of ecological and mathematical topics. At Princeton, his work focuses on problems of global change with an emphasis on interactions among the biosphere, greenhouse gases and climate. He also researches solutions to the climate problem, the dynamics of forests, and the relationship between biodiversity and ecosystem function.
Professor Pacala completed an undergraduate degree at Dartmouth College and a Ph.D. in Biology at Stanford University. His honors include the David Starr Jordan Prize, the George Mercer and Robert MacArthur Awards of the Ecological Society of America, and the Presidential Award of the American Society of Naturalists. He is a lifetime Fellow of the Ecological Society of America and Fellow of the American Association for the Advancement of Science. He holds an honorary membership to the British Ecological Society, and membership to the American Academy of Arts and Sciences and the U.S. National Academy of Sciences.