Governor of the Bank of England

Senior position in the Bank of England

Governor of the
Bank of England

Seal of the Bank of England

Incumbent
Andrew Bailey
since 16 March 2020

Monetary Policy Committee
Governor and Company of the Bank of England
Residence| London, United Kingdom
Appointer| Chancellor of the Exchequer[1][2] with the approval of the Prime Minister[3] and the Monarch[4]
Term length| 8 years
Renewable once
Inaugural holder| Sir John Houblon
Formation| 1694
Salary| £495 000 [5]
Website| Governor of the Bank of England

The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent grooming their successor. The governor of the Bank of England is also chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom.

According to the original charter of 27 July 1694 the bank's affairs would be supervised by a governor, a deputy governor, and 24 directors.[6] In its current incarnation, the bank's Court of Directors has 12 (or up to 14) members, of whom five are various designated executives of the bank.[7]

The 121st and current governor is Andrew Bailey, who began his term in March 2020.[8]

## Governors of the Bank of England (1694–present)[edit]

No.  | Name | In office

|
|

1  | Sir John Houblon | 1694–1697
2  | Sir William Scawen | 1697–1699
3  | Nathaniel Tench | 1699–1701
4  | John Ward | 1701–1703
5  | Abraham Houblon | 1703–1705
6  | Sir James Bateman | 1705–1707
7  | Francis Eyles | 1707–1709
8  | Sir Gilbert Heathcote | 1709–1711
9  | Nathaniel Gould | 1711–1713
10  | John Rudge | 1713–1715
11  | Sir Peter Delmé | 1715–1717
12  | Sir Gerard Conyers | 1717–1719
13  | John Hanger | 1719–1721
14  | Sir Thomas Scawen | 1721–1723
15  | Sir Gilbert Heathcote | 1723–1725
16  | William Thompson | 1725–1727
17  | Humphry Morice | 1727–1729
18  | Samuel Holden | 1729–1731
19  | Sir Edward Bellamy | 1731–1733
20  | Horatio Townshend | 1733–1735
21  | Bryan Benson | 1735–1737
22  | Thomas Cooke | 1737–1740
23  | Delillers Carbonnel | 1740–1741
24  | Stamp Brooksbank | 1741–1743
25  | William Fawkener | 1743–1745
26  | Charles Savage | 1745–1747
27  | Benjamin Longuet | 1747–1749
28  | William Hunt | 1749–1752
29  | Alexander Sheafe | 1752–1754
30  | Charles Palmer | 1754–1756
31  | Matthews Beachcroft | 1756–1758
32  | Merrick Burrell | 1758–1760
33  | Bartholomew Burton | 1760–1762
34  | Robert Marsh | 1762–1764
35  | John Weyland | 1764–1766
36  | Matthew Clarmont | 1766–1769
37  | William Cooper | 1769–1771
38  | Edward Payne | 1771–1773
39  | James Sperling | 1773–1775
40  | Samuel Beachcroft | 1775–1777
41  | Peter Gaussen | 1777–1779
42  | Daniel Booth | 1779–1781
43  | William Ewer | 1781–1783
44  | Richard Neave | 1783–1785
45  | George Peters | 1785–1787
46  | Edward Darell | 1787–1789
47  | Mark Weyland | 1789–1791
48  | Samuel Bosanquet | 1791–1793
49  | Godfrey Thornton | 1793–1795
50  | Daniel Giles | 1795–1797
51  | Thomas Raikes | 1797–1799
52  | Samuel Thornton | 1799–1801
53  | Job Mathew Raikes | 1801–1802
54  | Joseph Nutt | 1802–1804
55  | Benjamin Winthrop | 1804–1806
56  | Beeston Long | 1806–1808
57  | John Whitmore | 1808–1810
58  | John Pearse | 1810–1812
59  | William Manning | 1812–1814
60  | William Mellish | 1814–1816
61  | Jeremiah Harman | 1816–1818
62  | George Dorrien | 1818–1820
63  | Admiral of the Fleet Sir Charles Pole | 1820–1822
64  | John Bowden | 1822–1824
65  | Cornelius Buller | 1824–1826
66  | John Baker Richards | 1826–1828
67  | Samuel Drewe | 1828–1830
68  | John Horsley Palmer | 1830–1833
69  | Richard Mee Raikes | 1833–1834
70  | James Pattison | 1834–1837
71  | Timothy Abraham Curtis | 1837–1839
72  | Sir John Reid | 1839–1841
73  | Sir John Pelly | 1841–1842
74  | William Cotton | 1842–1845
75  | John Benjamin Heath | 1845–1847
76  | William Robinson | April–August 1847
77  | James Morris | 1847–1849
78  | Henry James Prescot | 1849–1851
79  | Thomson Hankey | 1851–1853
80  | John Hubbard | 1853–1855
81  | Thomas Matthias Weguelin | 1855–1857
82  | Sheffield Neave | 1857–1859
83  | Bonamy Dobrée | 1859–1861
84  | Alfred Latham | 1861–1863
85  | Kirkman Hodgson | 1863–1865
86  | Henry Lancelot Holland | 1865–1867
87  | Thomas Newman Hunt | 1867–1869
88  | Robert Wigram Crawford | 1869–1871
89  | George Lyall | 1871–1873
90  | Benjamin Buck Greene | 1873–1875
91  | Hucks Gibbs | 1875–1877
92  | Edward Howley Palmer | 1877–1879
93  | John William Birch | 1879–1881
94  | Henry Grenfell | 1881–1883
95  | John Saunders Gilliat | 1883–1885
96  | James Pattison Currie | 1885–1887
97  | Mark Collet | 1887–1889
98  | William Lidderdale | 1889–1892
99  | David Powell | 1892–1895
100  | Albert George Sandeman | 1895–1897
101  | Hugh Colin Smith | 1897–1899
102  | Samuel Steuart Gladstone | 1899–1901
103  | Sir Augustus Prevost | 1901–1903
104  | Samuel Morley | 1903–1905
105  | Alexander Falconer Wallace | 1905–1907
106  | William Middleton Campbell | 1907–1909
107  | Reginald Eden Johnston | 1909–1911
108  | Alfred Clayton Cole | 1911–1913
109  | Walter Cunliffe | 1913–1918
110  | Brien Cokayne | 1918–1920
111  | Montagu Norman | 1920–1944
112  | Lord Catto | 1944–1949
113  | Lord Cobbold | 1949–1961
114  | Lord Cromer | 1961–1966
115  | Sir Leslie O'Brien | 1966–1973
116  | Gordon Richardson | 1973–1983
117  | Robin Leigh-Pemberton | 1983–1993
118  | Sir Edward George | 1993–2003
119  | Sir Mervyn King | 2003–2013
120  | Mark Carney | 2013–2020
121  | Andrew Bailey | 2020–present

## See also[edit]

* Banks portal

* Chief Cashier of the Bank of England
* Deputy Governor of the Bank of England

## References[edit]

1. ^ Chu, Ben (27 November 2012). "George Osborne gets his man: Mark Carney named as new Bank of England Governor". The Independent. Retrieved 2 April 2020. "The panel put forward Mr Carney's name to the Chancellor, who then consulted the Prime Minister and the Deputy Prime Minister before announcing his decision."
2. ^ Partington, Richard (20 December 2019). "Andrew Bailey appointed head of Bank of England". The Guardian. Retrieved 2 April 2020. "Javid is understood to have decided on Bailey."
3. ^ Mackenzie, Nell (24 December 2019). "Why didn't the Bank of England appoint a woman?". BBC News. Retrieved 4 April 2020. "Andrew Bailey was appointed by the government, not the Bank: chosen by Chancellor Sajid Javid and approved by the prime minister."
4. ^ "Andrew Bailey announced as new Governor of the Bank of England". Bank of England. 20 December 2019. Retrieved 2 April 2020. "The Chancellor has announced that Andrew Bailey will become the new Governor of the Bank of England from 16 March 2020. Her Majesty the Queen has approved the appointment."
5. ^ "Bank of England: What does the governor do?". BBC.com. 20 December 2019. Retrieved 21 December 2020.
6. ^ Richards, Richard. The Early History of Banking in England (Rle Banking and Finance). p. 152.
7. ^ "Court of Directors". Retrieved 2018-07-24.
8. ^ "Andrew Bailey". www.bankofengland.co.uk. Retrieved 2020-03-16.

## External links[edit]

Wikimedia Commons has media related to Governors of the Bank of England.

* List of Governors of the Bank of England Archived 2012-02-12 at the Wayback Machine

* v
* t
* e

Governors of the Bank of England (1694–present)

England
(1694–1707)|

* J. Houblon (1694–1697)
* W. Scawen (1697–1699)
* Tench (1699–1701)
* Ward (1701–1703)
* A. Houblon (1703–1705)
* Bateman (1705–1707)

Great Britain
(1707–1801)|

* Eyles (1707–1709)
* Heathcote (1709–1711)
* Gould (1711–1713)
* Rudge (1713–1715)
* Delmé (1715–1717)
* Conyers (1717–1719)
* Hanger (1719–1721)
* T. Scawen (1721–1723)
* Heathcote (1723–1725)
* Thompson (1725–1727)
* Morice (1727–1729)
* Holden (1729–1731)
* Bellamy (1731–1733)
* Townshend (1733–1735)
* Benson (1735–1737)
* Cooke (1737–1740)
* Carbonnel (1740–1741)
* Brooksbank (1741–1743)
* Fawkener (1743–1745)
* Savage (1745–1747)
* Longuet (1747–1749)
* W. Hunt (1749–1752)
* Sheafe (1752–1754)
* C. Palmer (1754–1756)
* M. Beachcroft (1756–1758)
* Burrell (1758–1760)
* Burton (1760–1762)
* Marsh (1762–1764)
* J. Weyland (1764–1766)
* Clarmont (1766–1769)
* Cooper (1769–1771)
* Payne (1771–1773)
* Sperling (1773–1775)
* S. Beachcroft (1775–1777)
* Gaussen (1777–1779)
* Booth (1779–1781)
* Ewer (1781–1783)
* R. Neave (1783–1785)
* Peters (1785–1787)
* Darell (1787–1789)
* M. Weyland (1789–1791)
* Bosanquet (1791–1793)
* G. Thornton (1793–1795)
* Giles (1795–1797)
* T. Raikes (1797–1799)
* S. Thornton (1799–1801)

Great Britain and Ireland
(1801–1922)|

* J. M. Raikes (1801–1802)
* Nutt (1802–1804)
* Winthrop (1804–1806)
* Long (1806–1808)
* Whitmore (1808–1810)
* Pearse (1810–1812)
* Manning (1812–1814)
* Mellish (1814–1816)
* Harman (1816–1818)
* Dorrien (1818–1820)
* Pole (1820–1822)
* Bowden (1822–1824)
* Buller (1824–1826)
* Richards (1826–1828)
* Drewe (1828–1830)
* J. H. Palmer (1830–1833)
* R. M. Raikes (1833–1834)
* Pattison (1834–1837)
* Curtis (1837–1839)
* Reid (1839–1841)
* Pelly (1841–1842)
* Cotton (1842–1845)
* Heath (1845–1847)
* Robinson (1847)
* Morris (1847–1849)
* Prescot (1849–1851)
* Hankey (1851–1853)
* 1st Baron Addington (1853–1855)
* Weguelin (1855–1857)
* S. Neave (1857–1859)
* Dobrée (1859–1861)
* Latham (1861–1863)
* Hodgson (1863–1865)
* Holland (1865–1867)
* T. N. Hunt (1867–1869)
* Crawford (1869–1871)
* George Lyall (1871–1873)
* Greene (1873–1875)
* 1st Baron Aldenham (1875–1877)
* E. H. Palmer (1877–1879)
* Birch (1879–1881)
* Grenfell (1881–1883)
* Gilliat (1883–1885)
* Currie (1885–1887)
* Collet (1887–1889)
* Lidderdale (1889–1892)
* David Powell (1892–1895)
* Sandeman (1895–1897)
* Smith (1897–1899)
* Gladstone (1899–1901)
* Prevost (1901–1903)
* 1st Baron Hollenden (1903–1905)
* Wallace (1905–1907)
* Campbell (1907–1909)
* Johnston (1909–1911)
* Cole (1911–1913)
* 1st Baron Cunliffe (1913–1918)
* 1st Baron Cullen of Ashbourne (1918–1920)
* 1st Baron Norman (1920–1922)

Great Britain and Northern Ireland
(1922–present)|

* 1st Baron Norman (1922–1944)
* 1st Baron Catto (1944–1949)
* 1st Baron Cobbold (1949–1961)
* 3rd Earl of Cromer (1961–1966)
* O'Brien (1966–1973)
* Richardson (1973–1983)
* Leigh-Pemberton (1983–1993)
* George (1993–2003)
* King (2003–2013)
* Carney (2013–2020)
* Bailey (2020–present)

* v
* t
* e

Economy of the United Kingdom

Companies|

* Co-operatives
* Employee-owned companies
* FTSE 100 Index
* FTSE 250 Index
* FTSE Fledgling Index
* FTSE SmallCap Index
* Government-owned companies

Currency,
governance,
regulation|

* Bank of England
* Governor of the Bank of England
* Monetary Policy Committee
* Budget
* Company law
* Competition and Markets Authority
* Department for Business and Trade
* Financial Conduct Authority
* Gilts
* HM Revenue & Customs
* HM Treasury
* Chancellor of the Exchequer
* Debt Management Office
* Office for Budget Responsibility
* Pound sterling
* Banknotes
* Coinage
* Taxation
* UK Statistics Authority
* UK Trade & Investment

History|

| Chronological|

* 1659–1849 Navigation Acts
* Agricultural Revolution
* Industrial Revolution
* Financial Revolution
* Panic of 1796–97
* 1815–46 Corn Laws
* New Imperialism 1830s–1945
* Second Industrial Revolution 1860s–1914
* 1873–79 Long Depression
* 1926 general strike
* 1929–39 Great Depression
* 1948–52 Marshall Plan
* 1974 Three-Day Week
* 1979 Winter of Discontent
* 1986 Big Bang
* 1992 Black Wednesday
* Late-2000s recession
* 2008 bank rescue package
* 2009 bank rescue package
* 2020 Withdrawal from the European Union (Growth deal)
* COVID-19 pandemic
* Impact

|

Recurrent|

* Economic geography
* Free trade
* Gold standard
* Recessions and recoveries
* National champions policy
* Economic liberalism
* Privatisation
* Nationalisation

Nations,
regions,
cities|

| England|

* Atlantic Gateway
* Birmingham
* Big City Plan
* Bristol
* Cornwall
* Croydon
* Devon
* Dorset
* Expansion plans for Milton Keynes
* Fishing
* Leeds
* List of counties by GVA
* Liverpool
* London
* East London Tech City
* London Plan
* M4 corridor
* M11 Corridor
* Manchester
* Reading
* Sheffield
* Silicon Fen
* Somerset
* Thames Gateway
* Tourism
* Transport
* Wiltshire

|

Northern
Ireland|

* Belfast
* Transport

Scotland|

* Aberdeen
* Agriculture
* Edinburgh
* Industrialisation
* Fishing
* History
* Oil and gas
* Renewable energy
* Silicon Glen
* Tourism
* Transport
* Whisky

Wales|

* Agriculture
* Cardiff (Cardiff Bay)
* Fishing
* History
* Industrialisation
* Renewable energy
* Swansea
* Tourism
* Transport

People
and labour|

* Billionaires
* Businesspeople
* Demography
* Income
* Poverty
* Labour law
* Equal opportunities
* Minimum wage
* Working Time Directive
* Pensions
* Trades unions
* Trades Union Congress
* Unemployment

Sectors|

| Resource and
production|

* Energy/Renewable energy
* Biodiesel
* Coal
* Geothermal
* Fracking
* Hydroelectricity
* Marine
* North Sea oil
* Solar
* Wind
* Food
* Agriculture
* Cider
* Wine
* Beer
* Fishing
* English
* Scottish
* Welsh
* Materials
* Forestry
* Mining

|

Financial
services|

* Baltic Exchange
* Banking
* List of banks
* List of UK building societies
* Canary Wharf
* The City
* Euronext.liffe
* Glasgow International Financial Services District
* Insurance
* Lloyd's of London
* LCH
* London Interbank Offered Rate
* London Metal Exchange
* London Platinum and Palladium Market
* London Stock Exchange
* Alternative Investment Market

Other|

* Education
* International students
* Entertainment & Media
* Cinema
* Gambling
* Newspapers
* Radio
* Television
* Theatre
* Healthcare
* Legal services
* Manufacturing
* Aerospace
* Automotive
* Pharmaceuticals
* Exports
* Property
* Architecture
* Construction
* Housing
* Real estate
* Science and technology
* Internet
* Telecommunications
* Supermarkets
* Tourism
* Transport
* Aviation
* Rail
* Inter-city
* High-speed

Trade and
business
organisations|

* Business organisations
* British Bankers' Association
* British Chambers of Commerce
* Confederation of British Industry
* Co-operatives UK
* Federation of Small Businesses
* Industry trade groups
* Institute of Directors
* Make UK
* UK Payments Administration

* Category
* Commons

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template