Randal Quarles is Chairman and founder of The Cynosure Group, an alternative asset management firm. Mr. Quarles was the first Vice Chairman for Supervision of the Federal Reserve System, serving through October 2021. He also served as the Chairman of the Financial Stability Board, a global body established by the Group of 20 to coordinate international efforts to enhance financial stability. Earlier in his career, Mr. Quarles was a long-time partner at The Carlyle Group, a leading global private equity firm, and before that a partner at the law firm of Davis Polk & Wardwell, where he was co-head of their financial services practice. Mr. Quarles has been a close advisor to every Republican Treasury Secretary for the last 35 years, including as Under Secretary of the Treasury in the Bush ’43 Administration. He has represented the United States in meetings of the Group of Seven, Group of Twenty, and Financial Stability Forum, and was also US Executive Director of the IMF.