Carney unveils major BoE shake-up

Two new deputy governors lead roster of new appointments


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

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