Carney unveils major BoE shake-up

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Nemat ‘Minouche' Shafik, the prolific International Monetary Fund (IMF) deputy managing director, will become the Bank of England's (BoE) first deputy governor for markets and banking on August 1, a new position poised to carry considerable weight on several of the bank's top committees.

The appointment is part of a major shake-up of the BoE's governing structure, including its highest ranks, unveiled today by governor Mark Carney following a sweeping review carried out by private sector consult

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