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An accomplished American executive living in London. Currently, Gay is a non-executive director of The London Stock Exchange Group plc, Clariden Leu (Europe) Ltd and the Financial Reporting Council. A trustee of Wellbeing of Women (UK) (charity) and The Wigmore Hall Trust (charity). Former vice chairman of the board and non-executive chairman, Europe of the International Swaps and Derivatives Association, Inc (ISDA) (financial trade association). Formerly vice chairman, Investment Banking & Investment Management at Barclays Capital from April 2008 to October 2010. Prior to that Gay was head of governance, Citi Alternative Investments (EMEA) and director of the markets division at the Financial Services Authority. She has also held various senior management positions with Bankers Trust Company in New York and London.

Gay is a member of the management board and of the panel of finance experts of the Panel of Recognised International Market Experts in Finance (PRIME Finance). PRIME Finance is a dispute settlement body for the global financial markets. She is a member of the Council on Foreign Relations, an independent, non-partisan, membership organisation, think tank and publisher and a member of Forum UK, a network for women with outstanding achievements. Appointed to the board of Aviva plc in October 2011.

Gay brings to the advisory board an in-depth knowledge of, and insight into regulatory design and process and possesses extensive experience in the financial services industry.