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Bank of England Appoints Veterans To Top Policy Panel

Law360, London (January 3, 2019, 12:15 PM GMT) -- Two industry veterans have been appointed to serve as external members on one of the Bank of England’s top panels, which monitors financial health, HM Treasury said Thursday.

Colette Bowe and Jayne-Anne Gadhia will join the Financial Policy Committee for three-year terms. Their appointments come amid persistent concerns about the lack of diversity in senior positions at the Bank of England.

Bowe, currently the chairwoman of the Banking Standards Board — an independent body set up in the wake of the City's rate-rigging scandals to improve behavior in the banking sector — will replace Richard Sharp, who steps down at the...

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