Andrew Bailey will become the new Bank of England governor, replacing Mark Carney.
He joins from the Financial Conduct Authority, which acts as the UK's financial watchdog.
Chancellor Sajid Javid, who made the appointment, says he was "the stand-out candidate in a competitive field"
Stuart Smith is in London.
He joins from the Financial Conduct Authority, which acts as the UK's financial watchdog.
Chancellor Sajid Javid, who made the appointment, says he was "the stand-out candidate in a competitive field"
Stuart Smith is in London.
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