Bailey set to be named new Bank of England boss - source

BY

Reuters

-

Sun, 22 Dec 2019 - 07:16 GMT

BY

Reuters

Sun, 22 Dec 2019 - 07:16 GMT

FILE PHOTO: Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London, Britain, February 25, 2019. Kirsty O'Connor/Pool via REUTERS/File Photo

FILE PHOTO: Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London, Britain, February 25, 2019. Kirsty O'Connor/Pool via REUTERS/File Photo

LONDON - 22 December 2019: Former Bank of England deputy governor Andrew Bailey is set to be named as the new governor of the British central bank, a person familiar with the process said on Thursday.

Bailey, 60, is chief executive of the Financial Conduct Authority, a regulator charged with fighting misconduct in the finance industry, and previously spent 30 years at the BoE.

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