Treasury to name Anthony Habgood chairman of Bank of England's
Send a link to a friend
[March 18, 2014]
(Reuters) — Britain's Treasury plans to name Anthony Habgood
chairman of the Bank of England's board, its governing body, on
Tuesday, Sky News reported on its website.
The broadcaster, without citing sources, said the Treasury would
appoint Habgood to the position on Tuesday morning and replace David
Lees, who has chaired the bank's board since 2009. (http://link.reuters.com/fet67v)
Habgood, the outgoing chairman of Costa Coffee owner Whitbread Plc <WTB.L>
and a former chief executive of business supplies distributor Bunzl
<BNZL.L>, is not a career banker. However, he was on the board of
National Westminster Bank prior to its takeover by Royal Bank of
Scotland <RBS.L> in 2000.
The Bank of England and the Treasury could not be reached for
comment outside of regular business hours.
A source had told Reuters on Monday that Britain's finance ministry
would name a new BoE deputy governor for monetary policy to replace
Charlie Bean on Tuesday.
[to top of second column]
The bank's Governor Mark Carney is also set announce wide-ranging
changes to its organization on Tuesday evening, including details of
a separate new post of deputy governor responsible for markets and
(Reporting by Richa Naidu in Bangalore;
editing by Cynthia Osterman)
[© 2014 Thomson Reuters. All rights
Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.