Sarah Breeden

Deputy Governor, Financial Stability

Biography

Term of appointment: 1 November 2023 to 31 October 2028

Sarah Breeden is Deputy Governor for Financial Stability. She is a member of the Monetary Policy Committee, Financial Policy Committee, Prudential Regulation Committee and the Bank’s Court of Directors. She is co-chair of the Financial Market Infrastructure Committee with the Governor.

Sarah leads our work on financial stability, the supervision of financial market infrastructures, international issues, payments innovation and fintech. She also has responsibility at Deputy Governor level for our work on the monetary and financial stability risks from climate change and is chair of the Financial Stability Board’s working group on climate vulnerabilities.

Sarah is the Bank's Deputy at the G20 and its member on the Financial Stability Board.

Sarah joined the Bank in 1991. She has been the Executive Director for Financial Stability Strategy and Risk and a member of the Financial Policy Committee (2021-2023), the Executive Director for UK Deposit Takers Supervision (2019-2021) and Executive Director for International Banks Supervision (2015-2021).

Before that, Sarah led the design and risk management of financial market operations undertaken by the Bank during the financial crisis. She then led our work to support the transition of prudential regulation of banks and insurers from the Financial Services Authority to the Bank.

Sarah is a governor of the National Institute of Economic and Social Research, and a visiting fellow at Nuffield College, Oxford. She is a trustee of the Education Endowment Foundation.

She has an MA in economics from the University of Cambridge and an MSc in finance from the London Business School.

This page was last updated 13 March 2026