Paul Chilcott was appointed Advisor to the Governor in 2015. In this role, Mr. Chilcott focuses on payments system and financial market issues. He coordinates the Bank’s involvement in the modernization of Canada’s national payments systems and leads the Bank’s work on central bank digital currencies. He also represents the Bank at various committees at the Bank for International Settlements, including the Markets Committee and the Committee on the Global Financial System.
Mr. Chilcott has more than 30 years of experience in central banking. In that time, he has held a number of senior positions involving the oversight of payments systems, risk management, monetary policy, and domestic and foreign currency financial market operations.
Between 2006 and 2009, Mr. Chilcott was a Director in the Financial Markets Department, on secondment from the Bank of England. He then joined the Bank in 2010 as a Director in the Financial Stability Department, working on financial market infrastructure policy and oversight. In 2012, he became the Managing Director of the Financial Markets Department.
Mr. Chilcott holds an undergraduate degree from Bristol University, a master’s degree in Economics from Cambridge University, and a PhD in Modern History from Oxford University.