An American economist will join the Bank of England’s interest rate-setting panel this summer.
Megan Greene, global chief economist at Kroll, will succeed Silvana Tenreyro on the monetary policy committee in July.
Chancellor Jeremy Hunt said her ‘wide experience across financial markets and the real economy will bring valuable new expertise to the MPC’.
Experience: Megan Greene (pictured), who is global chief economist at Kroll, will succeed Silvana Tenreyro on the monetary policy committee in July
Bank governor Andrew Bailey added: ‘She brings significant experience from her work across financial services and academia and we will benefit greatly from her contributions to our policy discussions.’
Greene was global chief economist at Manulife Asset Management and is a senior fellow at Brown University in Rhode Island and Britain’s Chatham House think-tank.
Tenreyro, a professor at the London School of Economics, joined the MPC in July 2017 and will soon complete her second three-year term, the maximum for an external member of the committee.
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