20/12/19

UK: Andrew Bailey Named new BoE Governor.

As published on uk.reuters.com, Friday December 20, 2019.

LONDON (Reuters) - Former Bank of England deputy governor Andrew Bailey will be the British central bank’s next governor, finance minister Sajid Javid said on Friday.

Bailey, 60, is chief executive of the Financial Conduct Authority, a regulator charged with fighting misconduct in the finance industry. He previously spent 30 years at the BoE.