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Paul Sharma is a Managing Director with Alvarez & Marsal and co-head of the firm's Financial Industry Advisory Services practice in London. He was formerly Deputy Head of the U.K.'s Prudential Regulation Authority (PRA) and an Executive Director of the Bank of England. Mr. Sharma was responsible for major regulatory reforms including the liquidity, capital adequacy, (Vickers) ring-fencing, risk management, governance and senior persons standards for banks, and the solvency, technical provisions, risk management, governance and senior persons standards for insurers. He was also a member of the Bank Resolution Committee of the Bank of England.