The Treasury has announced that Megan Greene has been appointed as an external member of the Bank of England’s Monetary Policy Committee. Greene is the Global Chief Economist at Kroll and a board member of the Academic Advisory Committee at the San Francisco Fed.
Jeremy Hunt, the Chancellor of the Exchequer, said:
“Megan Greene’s wide experience across financial markets and the real economy will bring valuable new expertise to the MPC. I am delighted to appoint her to this role and look forward to seeing her contribution to policymaking in the coming years. I would also like to thank Professor Silvana Tenreyro for all her work since she joined the Bank of England, and wish her the best in the next stage of her career.”
Andrew Bailey, the Governor of the Bank of England, said:
“I am very pleased to be welcoming Megan Greene to the MPC this summer. She brings significant experience from her work across financial services and academia and we will benefit greatly from her contributions to our policy discussions. Silvana Tenreyro has made a tremendous contribution to the work of the MPC over the past six years. I would like to extend my thanks and wish her all the best for the future.”