BoE’s Shafik to step down early

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Minouche Shafik. Photo: DFID
Department for International Development

Bank of England (BoE) deputy governor Minouche Shafik is to step down more than two years before the end of her term, the central bank revealed today (September 12).

Shafik has been appointed as director of the London School of Economics (LSE), becoming the first woman to take the role on permanently, though professor Julia Black currently occupies the role as interim director.

Shafik will leave the Bank of England in February and take up the position at the LSE in September 2017, with the

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