Andrew Bailey has been appointed governor of the Bank of England, Sajid Javid announced today.
He will succeed Mark Carney in February, becoming the 121st person to hold the position.
Mr Bailey joins from the Financial Conduct Authority (FCA), where he has been chief executive since 2016. Before that, he was at the BofE, where he held a range of positions including deputy governor for prudential regulation, chief cashier and private secretary to previous governor Eddie George.
He is considered by some to be a "safe pair on hands", and was described by Nicholas Macpherson, the former permanent ...
