Bank of England announces departure of Spencer Dale and appointments to the PRA Board

The Bank of England is today announcing the departure of Spencer Dale, the Bank’s Executive Director for Financial Stability Strategy and Risk
Published on 04 August 2014

The Bank is also announcing new appointments to the Board of the Prudential Regulation Authority (PRA).

Spencer has decided to pursue a new path in his career, as Chief Economist of BP plc. He will start his new position on 27 October 2014, after a post-employment cooling off period. A recruitment process will begin shortly to find a successor for Spencer. This position will be advertised externally as well as within the Bank; and as required by the Bank of England Act, the Chancellor will be consulted with respect to the candidate to replace Spencer on the FPC.

PDFPress release

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