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News Release
Retirement of Alastair Clark

26 February 2007

Alastair Clark, Adviser to the Governor on financial sector issues, is to retire from the Bank of England at Easter after nearly 36 years' service. Mr Clark has been a member of the Bank's senior executive team for the past ten years and, before taking on his current role, was for seven years Executive Director for Financial Stability.

Mervyn King, Governor of the Bank of England, said "I am very sad that Alastair will be leaving the Bank. We will miss him enormously. He has made an outstanding contribution over many years, but I have particularly appreciated the advice and help he has given me since I became Governor. I wish him all the very best in whatever he may decide to do next."

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