Governor of the Bank of England

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The Governor of the Bank of England is the chief executive of the United Kingdom’s central bank, responsible for setting monetary policy, safeguarding financial stability, and overseeing the country’s banking and financial system.

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Statements (48)

Predicate Object
instanceOf central bank governor role
public office
appointedBy British monarch
surface form: Monarch of the United Kingdom
appointedOnAdviceOf Chancellor of the Exchequer
Prime Ministers of the United Kingdom
surface form: Prime Minister of the United Kingdom
chairs Court of Directors
surface form: Court of Directors of the Bank of England

Financial Policy Committee
Monetary Policy Committee NERFINISHED
country United Kingdom
createdBy Bank of England Act 1694
employer Bank of England NERFINISHED
hasAuthorityOver issuance of banknotes in England and Wales
hasDeputy Deputy Governors of the Bank of England
surface form: Deputy Governor of the Bank of England
hasResidence official residence provided by the Bank of England
hasStyle The Governor
headOf Bank of England NERFINISHED
inception 1694
jurisdiction United Kingdom
legalBasis Bank of England Act 1998 NERFINISHED
subsequent UK financial services legislation
memberOf Monetary Policy Committee
officeType chief executive of the central bank
oversees Financial Policy Committee
Monetary Policy Committee
Prudential Regulation Authority
participatesIn Bank for International Settlements meetings
G20 finance discussions
G7 finance discussions
international central banking forums
partOf Bank of England NERFINISHED
positionHeldInOrganization Bank of England NERFINISHED
precededBy Deputy Governors of the Bank of England
surface form: Deputy Governor of the Bank of England (in line of succession)
reappointmentPolicy not normally eligible for a second term
reportsTo Chancellor of the Exchequer
Parliament of the United Kingdom NERFINISHED
HM Treasury Select Committee
surface form: Treasury Committee of the House of Commons
responsibleFor crisis management in the UK financial system
financial stability in the United Kingdom
implementation of interest rate decisions
lender of last resort operations
macroprudential regulation
management of the UK’s foreign exchange reserves (via the Bank of England)
monetary policy in the United Kingdom
oversight of the UK banking system
oversight of the UK financial system
seat London, England
surface form: London
termLength 8 years
workLocation Bank of England headquarters, Threadneedle Street, London

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Financial Policy Committee compositionIncludes Governor of the Bank of England
Financial Policy Committee hasChairperson Governor of the Bank of England
Andrew Bailey positionHeld Governor of the Bank of England
Deputy Governors of the Bank of England reportsTo Governor of the Bank of England