Randal Quarles is chairman and founder of The Cynosure Group, an alternative asset and wealth advisory firm. From 2017 through October 2021, Randal was vice chairman of the Federal Reserve System, serving as the system's first vice chairman for supervision. From 2018 until 2021, he also served as the chairman of the Financial Stability Board. Earlier in his career, Randal was a long-time partner at The Carlyle Group, a leading global private equity firm, and before that a partner at the international law firm of Davis Polk & Wardwell, where he was co-head of their financial services practice. Randal has been a close advisor to every republican treasury secretary for the last 35 years, including as undersecretary of the treasury in the Bush '43 administration. Randal is a member of the advisory committee to the Finance Forum of the Salzburg Global Seminar.