According to the BBC, LSE Director Dame Minouche Shafik is the conservative government’s choice to lead the Bank of England, replacing current governor Mark Carney. Shafik has previously served as deputy-governor from 2014 to 2017.
If she ends up taking the job, Shafik would be the first female Governor.
The announcement of a successor has been postponed until after the election, as the government deems that no decision of this kind should be made at – according to Sajid Javid – “this sensitive period”.
Previously, Shafik has said she is happy with her current job, so it is at this moment unclear whether she would accept a government offer or not. The Beaver has reached out for comment to LSE.
According to the BBC, other candidates include “Andrew Bailey, chief executive of the Financial Conduct Authority; Shriti Vadera, chair of Santander UK; and Ben Broadbent, Jon Cunliffe and Paul Tucker”.
[Coverage ongoing]