Michael Foot

Email Email       

+44 207 997 3401 direct
London

Previous Experience

  • Executive Director for Banking Supervision, Bank of England
  • Managing Director, Financial Services Authority, United Kingdom
  • Inspector of Banks & Trust Companies, Central Bank of The Bahamas

Thought Leadership

  • “Plotting the Way Forward,” Financial Regulator.
  • “Should We Review Basel II?” Financial Regulator
  • “Financial Stability as an Objective of Monetary Policy,” Reserve Bank of India, Conference Papers

Home > People

Michael Foot

Global Vice Chairman, Promontory Financial Group (UK) Ltd

Michael advises clients on a wide variety of regulatory matters in the United Kingdom and beyond, having served as managing director of the country’s Financial Services Authority and an executive director of the Bank of England. Michael has 15 years of regulatory experience and over 40 years’ experience in banking and the financial markets.

Representative Engagements

  • Reviewed the effectiveness of the board and the risk function of a major non-U.K. bank.
  • Led a multidisciplinary team for a non-U.K. regulator on bank resolution issues in the wake of the global financial crisis.
  • Advised a major firm on its license application to the U.K.’s Financial Services Authority.

Experience

Michael worked for 29 years as an economist, market operator, and bank regulator at the Bank of England. He also served the first two terms as a managing director of the United Kingdom’s Financial Services Authority, and was the inspector of Banks & Trust Companies for the Central Bank of the Bahamas.

Education

  • M.A., Pembroke College, University of Cambridge, England
  • M.A., Yale University


Affiliations, Awards, and Civic Engagements

  • Commander of the Order of the British Empire (CBE)