Chancellor Philip Hammond has announced today the appointment of Newton Investment Management CEO Hanneke Smits as one of three non-executive directors to the Bank of England's Court of Directors.
Smits, alongside Rohinton (Ron) Kalifa and Frances O'Grady, will begin their four-year terms on 1 June. Could Albert Edwards be the next BoEGovernor? Smits has worked in the asset management and private equity industry for over 26 years. She became CEO of Newton, a subsidiary of the Bank of New York Mellon, in 2016 and currently serves on the board of the Investment Association. Hammond commented: "The appointment of Ron Kalifa, Frances O'Grady and Hanneke Smits to the Bank of England's Court will bring a vital breadth of experience and wealth of knowledge to the Bank's board." ...
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