Sarah Breeden has been appointed deputy governor of the Bank of England and will take up the role on 1 November 2023 for a five-year term.
Breeden currently works at the Bank as executive director for financial stability strategy and risk and is a member of the Financial Policy Committee.
She will succeed Sir Jon Cunliffe as the next deputy governor for financial stability (DGFS) at the Bank who has served since 2013.
Breeden will sit on the Financial Policy Committee, the Monetary Policy Committee and the Prudential Regulation Committee.
Breeden will also be a member of the Court of the Bank of England, Chair the Financial Market Infrastructure Board, and represent the Bank of England on a number of national and international bodies.
“I am pleased to appoint Sarah Breeden as the next deputy governor of the Bank of England who brings extensive experience to the role including from her work as a member of the FPC and across monetary, economic and financial matters,” said Jeremy Hunt, chancellor of the exchequer.
“I want to thank Sir Jon Cunliffe for his decade of service as deputy governor of the Bank of England. Over the last 10 years, he has led the Bank’s work on delivering financial stability and has played a key role in ensuring Britain’s financial services are well placed to thrive in the future.”
Latest News
-
What’s in store for financial technology in 2025?
-
The most-read FStech stories of 2024
-
US consumer protection agency sues trio of banks over $870m fraud losses
-
Jumia boosts digital payments with new PalmPay partnership
-
ING appoints new CISO
-
Chorley Building Society to revamp core banking as part of digital transformation
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.
Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.
Legacy isn’t the enemy: what FSIs can do to keep their systems up and running
In this webinar we will examine some of the steps FSIs have already taken to rigorously monitor and test systems – both manually and with AI-powered automation – while satisfying the concerns of regulators and customers.
Optimising digital banking: Unifying communications for seamless CX
In the digital age, financial institutions risk falling behind their rivals if they fail to unite fragmented communications ecosystems to deliver seamless, personalised customer experiences.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
This FStech webinar sponsored by Precisely explores vital strategies to optimise cross-channel messaging through omnichannel orchestration and real-time customer data access.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories