|Employer||Bank of England|
Mervyn King is Governor of the Bank of England and chairman of its interest rate-setting Monetary Policy Committee. It was announced in November of 2012 that he will be replaced in the position by Mark Carney in July of 2013.
King was previously Deputy Governor of the Bank of England from 1998 to 2003, and Chief Economist and Executive Director from 1991. He was a non-executive director of the Bank from 1990 to 1991.
King studied at King’s College, Cambridge, and Harvard as a Kennedy Scholar. He taught at Cambridge and Birmingham Universities before working as a visiting professor at both Harvard and MIT. From October 1984 he was Professor of Economics at the London School of Economics where he founded the Financial Markets Group.
He is a Fellow of the British Academy, an Honorary Fellow of King’s and St. John’s Colleges, Cambridge and holds honorary degrees from Birmingham, City of London, Edinburgh, London Guildhall, London School of Economics, Wolverhampton, Cambridge and Helsinki Universities.
King is a Foreign Honorary Member of the American Academy of Arts and Sciences. He is on the Advisory Council of the London Symphony Orchestra, is Patron of Worcestershire County Cricket Club and is a Trustee of the National Gallery.