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BoE appoints Financial Stability Committee non-execs

Bank of England chair of the Court of Directors Sir David Lees has appointed himself and three non-executive directors of the Bank as members of the Financial Stability Committee.

Following the first meeting of the new Court of Directors, Roger Carr, 
 
Mark Tucker, 
Harrison Young and Sir David Lees were appointed.

Roger Carr has agreed to accept appointment to the FSC as an interim measure, pending the appointment of a further member of Court. He is chair of Centrica and Cadbury Schweppes. Carr has also been a non-executive director of the Court of the Bank of England since 2007.

Tucker is currently group chief executive of Prudential, but has announced he will step down in September 2009. Previously he was group finance director of HBOS.

Young is a non-executive director of the Commonwealth Bank of Australia where he is chair of the risk committee and a member of the audit committee. He has previously been chair of Morgan Stanley Australia and vice chair of Morgan Stanley Asia.

Lees is currently chairman of Tate and Lyle and deputy chairman of Qinetiq.


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