The Chancellor of the Exchequer, Rishi Sunak, has today announced the appointment of Carolyn Wilkins as an external member of the Financial Policy Committee (FPC).
Carolyn has 20 years of experience working in a central bank at the Bank of Canada, most recently as Senior Deputy Governor. Her appointment fills the external position on the previously held by Donald Kohn, who stepped down from the Committee at the end of March 2021. She will serve a three-year term, which will begin on [21 June 2021].
The Chancellor of the Exchequer Rishi Sunak said:
The FPC plays a crucial in role in protecting and enhancing the resilience of our financial system. I want to thank Donald Kohn for his tremendous contribution to the FPC’s work over the past ten years. I am pleased to appoint Carolyn Wilkins to the committee – Carolyn has a respected track record built over 20 years at the Bank of Canada and her extensive experience in international financial regulation will be a real asset to the FPC.
The Governor of the Bank of England, Andrew Bailey said:
Don’s contribution to the work of the FPC cannot be overstated. As one of the FPC’s original members his valuable expertise and insight on macroprudential policymaking and its evolution over the years has been integral to the Committee’s work.
I am delighted to welcome Carolyn to the FPC as an external member. Her senior leadership positions at the Bank of Canada, most recently helping drive the Bank’s response to the Covid-19 crisis, and extensive knowledge of the global financial system, means she will bring fresh analysis and valuable input to the Committee’s deliberations.