PRESS RELEASE : Jessica Pulay appointed as Chair of the Wallace Collection
The press release issued by the Department for Digital, Culture, Media and Sport on 2 September 2022.
The Prime Minister has appointed Jessica Pulay to a five-year term as a Trustee, commencing 19 September 2022. As a result of her appointment, the Wallace Collection Trustees have elected Jessica as their new Chair with immediate effect.
Jessica Pulay
Jessica Pulay has 35 years’ finance experience in both the public and private sectors, specialising in government and supranational funding from capital markets. She has been Co-Head of Policy and Markets at the UK Debt Management Office (DMO) since 2015 and is an executive member of its Advisory Board. She has responsibility for the UK government’s debt issuance and cash management, as well as the policy, research and business operations areas.
Prior to joining the DMO, Jessica spent 16 years at the European Bank for Reconstruction and Development (EBRD) in London, where she was Deputy Head of Funding. Earlier in her career she was an executive director at Morgan Stanley and Goldman Sachs and a managing director at Deutsche Bank.
Jessica’s commitment to the arts and education includes serving an eight-year term as a trustee of the Wallace Collection (2013-2021), where she chaired the Audit Committee. She currently serves on the ENO board of trustees and has been a board member of the Arts Foundation.
Jessica has previously served on a number of other charity boards and is a board member of the International Finance Facility for Immunisation (IFFIm), financing Gavi, the Vaccine Alliance. Following her experience in the 2004 Asian tsunami, Jessica helped to establish the Rawatha Orphanage in Sri Lanka.
Remuneration and Governance Code
Trustees of the Wallace Collection are not remunerated. Schedule 4 of the Museums and Galleries Act 1992 sets out that ‘The Board shall consist of at least six members (in this Schedule referred to as“trustees”) who shall be appointed by the Prime Minister; and the trustees shall appoint one of their number to be chairman’. This appointment has been made in accordance with the Cabinet Office’s Governance Code on Public Appointments. The appointments process is regulated by the Commissioner for Public Appointments. Under the Code, any significant political activity undertaken by an appointee in the last five years must be declared. This is defined as including holding office, public speaking, making a recordable donation, or candidature for election. Jessica Pulay has declared no such activity.
