British Chamber of Commerce: In conversation with....Andrew Bailey
The ongoing impact of the global pandemic means that global economic conditions are likely to remain challenging in the short-term and the end of the transition period approaching on 31 December brings further uncertainty for UK business.
In this virtual event, Dr Adam Marshall, BCC Director General will be joined by Andrew Bailey, the Governor of the Bank of England as part of our Global Insights Leaders Programme.
Topics on the agenda include:
The Bank of England's decision to significantly expand quantitative easing;
how the Bank works with financial institutions to provide on the ground support for businesses; and what further steps are needed to help kickstart economic recovery.
Andrew Bailey - Governor of the Bank of England
Andrew Bailey began his term as Governor of the Bank of England on 16 March 2020. He served as Chief Executive Officer of the Financial Conduct Authority (FCA) from 1 July 2016 until taking up the role of Governor. As CEO of the FCA, Andrew Bailey was also a member of the Prudential Regulation Committee, the Financial Policy Committee, and the Board of the Financial Conduct Authority.
While retaining his role as Executive Director of the Bank, Andrew joined the Financial Services Authority in April 2011 as Deputy Head of the Prudential Business Unit and Director of UK Banks and Building Societies.
Andrew worked at the Bank in a number of areas, most recently as Executive Director for Banking Services and Chief Cashier, as well as Head of the Bank's Special Resolution Unit (SRU). Previous roles include Governor's Private Secretary, and Head of the International Economic Analysis Division in Monetary Analysis.