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Governor of the Bank of England

Senior position in the Bank of England


Senior position in the Bank of England

FieldValue
postGovernor
bodythe
Bank of England
flagsize105px
insignia[[File:Bank of England logo.svg125px]]
insigniacaptionSeal of the Bank of England
departmentMonetary Policy Committee
Governor and Company of the Bank of England
imageFile:Andrew Bailey and Jane Hartley (Andrew Bailey 3x4 cropped).jpg
incumbentAndrew Bailey
incumbentsince16 March 2020
residenceLondon, United Kingdom
appointerChancellor of the Exchequer with the approval of the Prime Minister and the Monarch
termlength8 years
inauguralSir John Houblon
formation1694
salary£495 000
websiteGovernor of the Bank of England

Bank of England Governor and Company of the Bank of England

Renewable once The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent choosing and mentoring a successor. The governor of the Bank of England is also chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom.

According to the original charter of 27 July 1694 the bank's affairs would be supervised by a governor, a deputy governor, and 24 directors. In its current incarnation, the bank's Court of Directors has 12 (or up to 14) members, of whom five are various designated executives of the bank.

The 121st and current governor is Andrew Bailey, who began his term in March 2020.

List of Governors of the Bank of England (1694–present)

No.NameIn officeTenure (years)
1John Houblon1694–16973
2William Scawen1697–16992
3Nathaniel Tench1699–17012
4John Ward1701–17032
5Abraham Houblon1703–17052
6James Bateman1705–17072
7Francis Eyles1707–17092
8Gilbert Heathcote1709–17112
9Nathaniel Gould1711–17132
10John Rudge1713–17152
11Peter Delmé1715–17172
12Gerard Conyers1717–17192
13John Hanger1719–17212
14Thomas Scawen1721–17232
15Gilbert Heathcote1723–17252
16William Thompson1725–17272
17Humphry Morice1727–17292
18Samuel Holden1729–17312
19Edward Bellamy1731–17332
20Horatio Townshend1733–17352
21Bryan Benson1735–17372
22Thomas Cooke1737–17403
23Delillers Carbonnel1740–17411
24Stamp Brooksbank1741–17432
25William Fawkener1743–17452
26Charles Savage1745–17472
27Benjamin Longuet1747–17492
28William Hunt1749–17523
29Alexander Sheafe1752–17542
30Charles Palmer1754–17562
31Matthews Beachcroft1756–17582
32Merrik Burrell1758–17602
33Bartholomew Burton1760–17622
34Robert Marsh1762–17642
35John Weyland1764–17662
36Matthew Clarmont1766–17693
37William Cooper1769–17712
38Edward Payne1771–17732
39James Sperling1773–17752
40Samuel Beachcroft1775–17772
41Peter Gaussen1777–17792
42Daniel Booth1779–17812
43William Ewer1781–17832
44Richard Neave1783–17852
45George Peters1785–17872
46Edward Darell1787–17892
47Mark Weyland1789–17912
48Samuel Bosanquet1791–17932
49Godfrey Thornton1793–17952
50Daniel Giles1795–17972
51Thomas Raikes1797–17992
52Samuel Thornton1799–18012
53Job Mathew Raikes1801–18021
54Joseph Nutt1802–18042
55Benjamin Winthrop1804–18062
56Beeston Long1806–18082
57John Whitmore1808–18102
58John Pearse1810–18122
59William Manning1812–18142
60William Mellish1814–18162
61Jeremiah Harman1816–18182
62George Dorrien1818–18202
63Charles Pole1820–18222
64John Bowden1822–18242
65Cornelius Buller1824–18262
66John Baker Richards1826–18282
67Samuel Drewe1828–18302
68John Horsley Palmer1830–18333
69Richard Mee Raikes1833–18341
70James Pattison1834–18373
71Timothy Abraham Curtis1837–18392
72John Reid1839–18412
73John Pelly1841–18421
74William Cotton1842–18453
75John Benjamin Heath1845–18472
76William RobinsonApril–August 18470.3
77James Morris1847–18492
78Henry James Prescott1849–18512
79Thomson Hankey1851–18532
80John Hubbard1853–18552
81Thomas Matthias Weguelin1855–18572
82Sheffield Neave1857–18592
83Bonamy Dobrée1859–18612
84Alfred Latham1861–18632
85Kirkman Hodgson1863–18652
86Henry Lancelot Holland1865–18672
87Thomas Newman Hunt1867–18692
88Robert Wigram Crawford1869–18712
89George Lyall1871–18732
90Benjamin Buck Greene1873–18752
91Hucks Gibbs1875–18772
92Edward Howley Palmer1877–18792
93John William Birch1879–18812
94Henry Grenfell1881–18832
95John Saunders Gilliat1883–18852
96James Pattison Currie1885–18872
97Mark Collet1887–18892
98William Lidderdale1889–18923
99David Powell1892–18953
100Albert George Sandeman1895–18972
101Hugh Colin Smith1897–18992
102Samuel Steuart Gladstone1899–19012
103Augustus Prevost1901–19032
104Samuel Morley1903–19052
105Alexander Falconer Wallace1905–19072
106William Middleton Campbell1907–19092
107Reginald Eden Johnston1909–19112
108Alfred Clayton Cole1911–19132
109Walter Cunliffe1913–19185
110Brien Cokayne1918–19202
111Montagu Norman1920–194424
112Thomas Catto1944–19495
113Cameron Cobbold1949–196112
114Rowland Baring1961–19665
115Leslie O'Brien1966–19737
116Gordon Richardson1973–198310
117Robin Leigh-Pemberton1983–199310
118Edward George1993–200310
119Mervyn King2003–201310
120Mark Carney2013–20207
121Andrew Bailey2020–present5

References

References

  1. Chu, Ben. (27 November 2012). "George Osborne gets his man: Mark Carney named as new Bank of England Governor".
  2. Partington, Richard. (20 December 2019). "Andrew Bailey appointed head of Bank of England".
  3. Mackenzie, Nell. (24 December 2019). "Why didn't the Bank of England appoint a woman?".
  4. (20 December 2019). "Andrew Bailey announced as new Governor of the Bank of England".
  5. (20 December 2019). "Bank of England: What does the governor do?".
  6. Richards, Richard. "The Early History of Banking in England (Rle Banking and Finance)".
  7. "Court of Directors".
  8. "Andrew Bailey".
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