Shoib Khan was appointed as Director of Insurance Supervision on 31 October 2022. His focus is on ensuring the resilience of the insurance sector given the crucial role it plays in serving households and businesses, coupled with its contribution to the UK having a diverse and resilient financial services sector.
Prior taking up the role of Director of Insurance Supervision, Shoib was the Head of Division with responsibility for supervising the Major Life Insurance Groups. Before moving to insurance, Shoib spent most of his career in banking supervision where he was Head of Division. Shoib also served for three years as the Financial Policy Assistant to the Governor of the Bank of England, advising Mark Carney in his role as chair of the Financial Policy Committee and Prudential Regulation Committee. Shoib is a qualified Chartered Accountant. He is also a Trustee of the Bank of England Pension Scheme, and a governor of a local secondary school.