FPC member gets call to Bank’s governing body

Close up of Bank Of England facade with the statue of Duke of Wellington Statue created by Francis Chantrey City of London England

Michael Cohrs, an external member of the Bank of England's Financial Policy Committee (FPC), was on Tuesday appointed as a non-executive director to the Bank's governing board.

Cohrs was selected by chancellor of the exchequer George Osborne to replace António Horta-Osório, a non-executive director to the Court of the Bank of England, for the remainder of his term, which expires on May 31, 2012.

The Court of the Bank of England, the central bank's governing board, is responsibile for determining

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