With global economic conditions likely to remain challenging in the near term, and the impact of the global pandemic and upcoming end of the transition period making way for further uncertainty for UK business, Dr Adam Marshall, BCC Director General will be joined in conversation by Andrew Bailey, the Governor of the Bank of England for our Global Insights Leaders Programme virtual event.
Discussions will focus on the Bank’s monetary policy decision to significantly expand quantitative easing, how it works with financial institutions to ensure that measures taken translate into on the ground support for businesses, and what further steps will be needed to ensure a fiscal environment that limits economic scarring and helps kickstart a recovery.
Governor | Bank of England
Andrew Bailey began his term as Governor of the Bank of England on 16 March 2020. He served as Chief Executive Officer of the Financial Conduct Authority (FCA) from 1 July 2016 until taking up the role of Governor. As CEO of the FCA, Andrew Bailey was also a member of the Prudential Regulation Committee, the Financial Policy Committee, and the Board of the Financial Conduct Authority. While retaining his role as Executive Director of the Bank, Andrew joined the Financial Services Authority in April 2011 as Deputy Head of the Prudential Business Unit and Director of UK Banks and Building Societies. Andrew worked at the Bank in a number of areas, most recently as Executive Director for Banking Services and Chief Cashier, as well as Head of the Bank's Special Resolution Unit (SRU). Previous roles include Governor's Private Secretary, and Head of the International Economic Analysis Division in Monetary Analysis.
Director General | British Chambers of Commerce
Dr Adam Marshall has been Director General since October 2016. He was previously Executive Director for Policy and External Affairs at the British Chambers of Commerce. Charged with representing the interests of many thousands of companies, Adam works at the highest levels of business, government, and the media to tackle many of the key issues facing firms in Britain today. Prior to joining the BCC, Adam helped start up the Centre for Cities, build commercial links between industry and universities, and worked in the broadcast media. He holds a BA from Yale University, and MPhil and PhD degrees from the University of Cambridge.