Paul studied Mathematics at the University of Utrecht and Econometrics at the Free University in Amsterdam, where he also obtained his Ph.D. in International Economics. Paul has published extensively on monetary, fiscal and financial sector issues.
Paul has been Director Financial Stability at the Netherlands Bank (DNB) since May 2015. He is a member of the Basel Committee, and (co-)chairs the Task Forces on Impact & Accountability of Banking Supervision and Sovereign Exposures. He is also a member of the Financial Stability Board's Standing Committee on Assessing Vulnerabilities and alternate member of the BIS Committee on the Global Financial System. In addition, he is a member of the Council of the Netspar Foundation.