The hunt is on for a replacement for Bank of England Governor Mark Carney. swahapattanaik comments that Britain is on the hunt for a top-notch economist, with the skills of a diplomat and the hide of a rhino. Read:
Britain's finance minister Philip Hammond on April 24 began the search for a new governor of the Bank of England to replace Mark Carney, who has twice extended his term.
“We are looking, obviously, for a candidate of the highest calibre. As we leave the European Union it’s very important that the UK continues to play an important role in global fora,” Hammond told a parliamentary committee. Hammond said he hoped to make an appointment in October, with the new governor starting in February 2020. He said his preference was to hire someone for an eight-year term, although he would consider deviating from this for an exceptional candidate.
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