Bank of England appoints former Goldman Sachs man Huw Pill as chief economist
Welsh academic Huw Pill is the new chief economist at the Bank of England
Welsh academic Huw Pill is the new chief economist at the Bank of England, which has again failed to appoint a woman to senior ranks.
The teacher at Harvard Business School in the US is taking over from Andy Haldane at a time when the central bank promises to improve gender equality.
It has only two women on its nine-member monetary policy rate-setting committee.
And while several women were rumored to be in the running, including Chief Economic Advisor to Finance Clare Lombardelli and HSBC’s Janet Henry, the Bank chose Pill, formerly European chief economist at Goldman Sachs.
Governor Andrew Bailey said: ‘Huw will make an important contribution to monetary policy – and to the wider work of the Bank.’
Pill studied at Oxford and Stanford University in the US.