Andy Haldane to leave role as Bank of England chief economist | Andy Haldane

Andy Haldane, the Bank of England’s chief economist, is leaving to become chief executive of the Royal Society for Arts thinktank.

One of the most prominent economists in the country, Haldane will step down from Threadneedle Street’s rate-setting monetary policy committee after the panel meets in June. He will take up his post at the RSA in September.

In a surprise move after 32 years at the Bank, he will succeed Matthew Taylor, the current chief executive of the 250-year-old charitable institution, which operates under royal charter to promote ideas for boosting the economy and raising living standards across the country.

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Haldane said: “The Bank is a fantastic institution and I loved my 32 years in public service there. I will miss hugely my brilliant colleagues and friends but know that, under Andrew [Bailey]’s exceptional leadership, they will continue to serve the people of the UK with distinction. I am thrilled to have the opportunity to lead another great British institution, the RSA.”

More details soon …

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