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Rachel Lomax is an economist and former deputy governor of the Bank of England and has held a range of responsibilities within Her Majesty’s Government including Permanent secretary of the Department of Work & Pensions, the Department for Transport and other senior positions within the World Bank, the UK Cabinet Office and the UK Treasury.

Rachel is currently deputy chair of the British Council and holds non-executive positions on the boards of Serco Group plc (the FTSE 250 outsourcer) and Heathrow Airport Holdings. Her considerable board experience includes directorships at HSBC Holdings plc, Reinsurance Group of America, Scottish American Investment and the Arcus European Infrastructure Fund.