🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Former Barclays boss named as Bank of England policymaker

Published 21/12/2020, 13:33
© Reuters. FILE PHOTO: Barclays PLC grouo CEO Jenkins speaks during the Clinton Global Initiative in New York
BARC
-
PRU
-

LONDON (Reuters) -Antony Jenkins, a former chief executive of Barclays (LON:BARC), will serve on the Bank of England's Prudential (LON:PRU) Regulation Committee which scrutinises banks, insurers and investment firms, Britain's finance ministry said on Monday.

Jenkins, who left Barclays in 2015, will take up his role as an external member of the PRC in April.

The Treasury also announced the appointments of John Taylor, a former executive with Standard Life (LON:SLA) and Lloyds Banking Group (LON:LLOY), and Tanya Castell, who has held senior positions including at Lloyds and UBS.

Taylor and Castell will start in January and September respectively.

All three will serve three-year terms, and BoE Governor Andrew Bailey said they "bring with them a wealth of experience in banking and insurance."

© Reuters. FILE PHOTO: Barclays PLC grouo CEO Jenkins speaks during the Clinton Global Initiative in New York

The appointments follow the departures from the PRC of Sandra Boss and Mark Yallop, and the approaching end of the appointment of David Belsham in April 2021.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.