HM Treasury Press Release

PRESS RELEASE - Appointment of Bank of England Deputy Governor Financial Stability, 3 September. The Queen has been pleased to appoint, under the Bank of England Act 1998, Sir Andrew Large as Deputy Governor (Financial Stability) of the Bank of England in succession to Mr David Clementi.

Welcoming the appointment the Chancellor, Gordon Brown, said:

"I am delighted that Sir Andrew Large has been appointed Deputy Governor of the Bank of the England. He will bring to the Bank a wealth of expertise