Samuel Oladipupo Essoodee
The UK Government on Wednesday formally launched its search to find the next governor of the Bank of England.
Carney has been in the role since the summer of 2013 and will step down at the end of January 2020.
He previously agreed a seven-month extension to his current contract to help ensure a “smooth” Brexit process.
Chancellor of the Exchequer, Philip Hammond, said he believed the role of Governor is “more important than ever” due to a “rapidly evolving economy”.
Hammond said: “Finding a candidate with the right skills and experience to lead the Bank of England is vital for ensuring the continuing strength of our economy and for maintaining the UK’s position as a leading global financial centre.”
The Chancellor said the Bank of England has been at the “forefront of reforms to make our financial system safer and more accountable.”
