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Sir Jon Cunliffe new deputy governor at Bank of England

Staff writer |
London, United Kingdom - July 26, 2013, London, United Kingdom - The Bank of England announced that it has appointed Sir Jon Cunliffe as the new deputy governor for financial stability, effective November 1, 2013.

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Sir Jon has been appointed for a five year term, renewable once. He will sit on the Financial Policy Committee and chair it in the Governor's absence, the Monetary Policy Committee, the Board of the Prudential Regulation Authority and the Court of the Bank of England. He will also represent the Bank of England on national and international bodies.

Sir Jon has been the United Kingdom's Permanent Representative to the European Union since January 2012, covering policy issues including negotiations on the banking union and a number of financial services dossiers. Between 2007 and 2011, he was the Prime Minister's Adviser on Europe and Global Economic Issues. As part of this role he was the G20 and G8 "Sherpa".

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