Bank of England appoints former Goldman Sachs man Huw Pill as its 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 failed again to appoint a woman to senior ranks.
The lecturer at Harvard Business School in the US takes over from Andy Haldane at a time when the central bank has been promising to improve gender equality.
It has just two women on its nine-strong interest-rate setting Monetary Policy Committee.
And though several women were rumoured to be in the running, including Treasury chief economic adviser Clare Lombardelli and HSBC’s Janet Henry, the Bank plumped for Pill, formerly chief European economist at Goldman Sachs.
Governor Andrew Bailey said: ‘Huw will make a major contribution to monetary policy – and to the broader work of the Bank.’
Pill studied at Oxford and Stanford University in the US.