LONDON (Reuters) – The Bank of England (BoE) said on Wednesday it appointed Sarah John, the central bank’s current Chief Cashier, as its new Chief Operating Officer.
John will be replaced by Executive Director for Payments, Victoria Cleland, who will combine the role of Chief Cashier with her current responsibilities, which include work on the future of payments domestically and internationally.
John replaces Ben Stimson, who will shortly depart the central bank after being appointed as CEO of Southern Co-op.
(Reporting by Muvija M; Writing by Catarina Demony; editing by Sarah Young)