The University of Nottingham is set to welcome the new Governor of the Bank of England on to campus.
Mark Carney will attend a sold-out lunch sponsored by the Derbyshire and Nottinghamshire Chamber of Commerce being held on Wednesday August 28 at the East Midlands Conference Centre on University Park campus.
During the event, he will deliver his maiden public speech as Governor which will be streamed live from 1.45pm via the Bank of England’s website.
Governor Carney’s appointment was approved by Her Majesty the Queen in November last year and he joined the Bank of England on July 1.
Economic outlook
In addition to his duties as Governor of the Bank of England and chairman of its Monetary Policy and Financial Policy Committees, he serves as Chairman of the Financial Stability Board (FSB), and is a member of the Group of Thirty and of the Foundation Board of the World Economic Forum.
Since taking up the position, Governor Carney has set out a new ‘forward guidance’ strategy for monetary policy, which pledges to keep interest rates low to stimulate the jobs market. He has also unveiled the design of the next £10 note which will feature the author Jane Austen.
In his speech the Governor is likely to speak about the Bank of England’s forward guidance policy, and its implications for both businesses and householders and will hear from Nottingham businesses about their perspectives on the outlook for the local and national economy.
Canadian-born Governor Carney formerly served as Governor of the Bank of Canada and Chairman of its Board of Directors. This followed previous roles as Senior Associate Deputy Minister of Finance and Deputy Governor of the Bank of Canada and a thirteen-year career with Goldman Sachs in its London, Tokyo and Toronto offices.
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More than 90 per cent of research at The University of Nottingham is of international quality, according to the most recent Research Assessment Exercise. The University aims to be recognised around the world for its signature contributions, especially in global food security, energy & sustainability, and health. The University won a Queen’s Anniversary Prize for Higher and Further Education for its research into global food security.
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