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Home > About the Bank > Members of the Financial Policy Committee (FPC)
 

Members of the Financial Policy Committee (FPC)

FPC image
The Financial Policy Committee sets policy to meet the Bank’s statutory objective for financial stability.

The Committee has eleven members, of which five are Bank staff including The Governor, three Deputy Governors and the executive director for financial stability.

Four members of the Committee are independent experts chosen from outside the Bank, and selected for their experience and expertise in financial services.  The Chief Executive of the Financial Conduct Authority is also a member.

Mark Carney

Mark Carney - Governor
Term of appointment: 1 July 2013 - 30 June 2021

Mr Carney has indicated that he would serve to 30 June 2018.

Charles Bean Ben Broadbent - Deputy Governor, Monetary Policy
First term of appointment: 1 July 2014 - 30 June 2019
Sir Jon Cunliffe Sir Jon Cunliffe - Deputy Governor, Financial Stability
Term of appointment: 1 November 2013 - 31 October 2018
Andrew Bailey Andrew Bailey - Deputy Governor, Prudential Regulation & Chief Executive of the Prudential Regulation Authority
Term of appointment: 1 April 2013 - 31 March 2018

Andrew Bailey was appointed CEO of the Financial Conduct Authority on 26 January 2016, effective from 1 July 2016.
Alex Brazier - Executive Director, Financial Stability Strategy and Risk (FSSR)
Term of appointment: 1 April 2015 - 31 March 2018
Donald Kohn Donald Kohn - External member
Term of appointment: 1 April 2013 - 31 March 2018
​Tracey McDermott - Acting Chief Executive, Financial Conduct Authority
Dame Clara Furse Dame Clara Furse - External member
Term of appointment: 1 April 2013 - 31 March 2016
HM Treasury have announced that Dame Clara Furse will be reappointed for a second term, running until 31 March 2019
Richard Sharp Richard Sharp - External member
Term of appointment: 1 April 2013 - 31 March 2016
HM Treasury have announced that Richard Sharp will be reappointed for a second term, running until 31 March 2019
Martin Taylor Martin Taylor - External member
Term of appointment: 1 April 2013 - 31 March 2018
  
  
The Committee also includes a non-voting member from HM Treasury.

Key Resources

Communications Guidance for FPC Members

Financial Policy Committee
A postcard from the Bank of England

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