Sir John Gieve has been hired to help provide economic guidance to GLGâs UK Equity business.
The finance professional, who spent three years as deputy governor at the BoE, will be advising the $2.37 billion fund on how to respond to changes in the governmentâs economic policy and regulatory infrastructure.
John White, managing director of GLG, said that Sir Johnâs âimmense experienceâ in the financial services sector was the main reason for his appointment.
âHis insights will be of great value to our investors and clients at a time when the UK is at a political, regulatory and economic cross-road,â he explained.
Sir John added: âI have been impressed by the quality of the people, the commitment to clients and the strong investment performance of the UK Equity Team.â
He held the post at has BoE from January 2006 until February 2009 and previously worked as permanent secretary at the Home Office and HM Treasury.
By Jim Ottewill