Liz Oakes

Liz Oakes is an external member of the Financial Policy Committee at the Bank of England. Liz also serves as an independent non-executive director on the boards of Mangopay S.A. and Advent International Stargate in Luxembourg.

Previously, Liz was Executive Vice President at Mastercard from 2018-2023, where she served in a number of global roles in board governance and risk management, operations, strategy, market and product development. She was a senior payments expert at KPMG (2012-2016) and McKinsey (2016-2018) providing strategic advice and advisory services to central bank and financial institutions, focusing in particular on cross-border payments, real-time payments, the development of open banking and embedded payments. Prior to consulting, she worked at VocaLink (2006-2012) in a variety of roles on the development of national payment systems and faster/realtime payments.