BoE appoints Joanna Place as new COO

"The Bank of England has appointed Joanna Place as its Chief Operating Officer (COO), effective as of today. Joanna Place has been acting as COO since 1 May, and previously was the Executive Director of Human Resources," the BoE said in a press release today.

Key quotes:

"The COO reports to the Governor and has responsibility for the day to day management of the Bank of England including finance, technology, information and physical security, human resources, property, and procurement. The COO has status and remuneration equivalent to the Deputy Governors."

"Separately, HM Treasury has today announced that Her Majesty the Queen has agreed, on the recommendation of the Chancellor and Prime Minister, to appoint Sir David Ramsden as Deputy Governor for Markets and Banking at the Bank of England. The appointment is effective from 4 September 2017 and for a renewable term of five years."