Skip to main content

FCA head Andrew Bailey named as Bank of England governor

Andrew Bailey

He will take over the position from Mark Carney on 16 March 2020.

Andrew Bailey has been announced as the new governor of the Bank of England by Chancellor Sajid Javid.

Bailey has been appointed for an eight-year term and will receive a yearly salary of £495,000.

He will succeed current governor Mark Carney on 16 March 2020.

Bailey has served as chief executive officer of the Financial Conduct Authority (FCA) since July 2016.

A statement from HM Treasury stated that an interim CEO will be appointed “well ahead” of Bailey’s departure from the regulator.

Co

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Interview: Superscript CEO Chris Barclay

Newly appointed Superscript CEO Chris Barclay tells Jonathan Swift about its plans to enter motor, reduce the number of insurers it works with and treble in size to over £100m GWP after shaking off its insurtech tag to become a truly digital insurance broker.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: