Andrew Bailey appointed new Bank of England Governor

Andrew Bailey has been appointed Governor of the Bank of England. Previously Chief Executive of the Financial Conduct Authority, Bailey said of his appointment, “It is a tremendous honour to be chosen as Governor of the Bank of England and to have the opportunity to serve the people of the United Kingdom, particularly at such a critical time for the nation as we leave the European Union.”

Caroline Rainbird, Chief Executive Officer of FSCS, said,
“Warm congratulations to Andrew Bailey on his appointment as Bank of England Governor. We at FSCS look forward to continuing our close collaboration with him. We will continue to work together for consumers and the financial services industry on the challenges of the new decade. We also thank Mark Carney for his years of service and wish him well for the future.”

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