The first Chief Cashier, John Kendrick, was appointed in 1694, the year the Bank was founded. The role has always been paramount in the issuance of our banknotes and since 1870 the Chief Cashier has been the sole signatory on Bank of England banknotes.
Victoria Cleland, the current Chief Cashier explains a bit more about the role...
"My role covers far more than signing the banknotes. As Chief Cashier and Director of Notes, I am responsible for meeting public demand for banknotes and maintaining confidence in the physical currency. This includes seeking to ensure that we have the right number and denominational mix of good quality banknotes in circulation, and through introducing secure 'state of the art' banknotes, the public have confidence the banknotes they receive are genuine.
This involves working closely with a range of key players in the cash industry including, the members of the Note Circulation Scheme, financial institutions, retailers, Cash in Transit (CiT) companies and with banknote suppliers."
Secure 'state of the art' banknotes
Note Circulation Scheme
The full list of Chief Cashiers can be seen in the table below.
|Daniel Race and Elias Simes (jointly)
|James Collier and Daniel Race (jointly)