Mark Carney takes over at the Bank of England next week

28 June 2013

Former governor of the Bank of Canada Mark Carney will take the reigns at the Bank of England on Monday (1 July).

He will replace Sir Mervyn King, who is stepping down after more than a decade at the central bank.

Mr Carney will be the first foreigner to take charge of the bank in its 300 year history and he has already started to bring in a new team to work with.

Charlotte Hogg has been appointed as chief operating officer from the UK arm of Santander and she is now the most senior woman in the organisation.

Meanwhile, Jeremy Harrison will be arriving at the end of July on a two-year secondment from Bank of Canada where he has worked as Mr Carney's personal spokesman.

A new deputy governor will also be required as Paul Tucker will be stepping down in the autumn to continue his studies in the US.

By Tony Aynsley

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