Cliff Rana

Board Member

Over nearly four decades Cliff Rana held senior leadership roles at Deloitte UK, including Vice Chair (2018 to 2022) and a member of the Global FSI Executive Committee (2015 to 2020). His experience spanned a broad range of financial services, including banking, wealth management, and capital markets, where he served as Senior Audit Partner.

Cliff was an Approved Skilled Person on the Panel of both the Prudential Regulation Authority and the Financial Conduct Authority and held several appointments under s.166 of the Financial Services and Markets Act as an Independent Skilled Person examining identified weaknesses at regulated banks covering areas relating to Corporate Governance; Risk Management; Internal Audit; and conduct and mis-selling related issues.

At Deloitte, Cliff was a member of the Independence Review Committee and the Disciplinary Committee which have responsibility for determining appropriate disciplinary sanctions for individuals in breach of the Firm’s rules on Independence and where matters of conduct and behaviour have resulted in a breach of the firm’s policies.

Cliff is a Fellow of the Institute of Chartered Accountants of England and Wales (FCA).

Interests and gifts and hospitality declaration

TypeDetails
NameCliff Rana
Financial interests*None
Directorships and shareholdings**None
Investment property***None
SponsorshipsNone
Public appointmentsJustice of the Peace
Charities and non-public organisationsGovernor of Caldicott School Trust Company Ltd
Any other relevant interestsNone
Relevant interests of spouse, partner or close family memberNone
Gifts and hospitality receivedNone
Date4 December 2025

I, Cliff Rana, confirm that the information that I have given is, to the best of my knowledge and belief, true and complete. I confirm that I understand the purpose of the form and the reasons for the collection of my personal data and that I agree to my personal data being used as stated.

NoteInformation
*This includes interests held by a board member that are directly relevant to his/her position within IPSA. It is not a list of all financial interests including all investments or loans held by a board member. It indicates where financial interests are held in a blind trust held independently from the owner so that a board member is shielded from involvement in their management.
**Shareholdings are not listed where they are de minimis in nature.
***In line with the Registers of Interest in the Houses of Parliament, property owned and/or occupied by board members for their own use is not included in the list.