Monetary policy committe member Ben Broadbent watches Governor of the Bank of England Mark Carney deliver his monthly inflation report at the Bank of England in the City of London, Britain, May 12, 2016. REUTERS/Dylan Martinez
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Britain is expected to choose a new central bank chief this year to succeed Canadian Mark Carney, who will step down in June 2019, three months after the country's scheduled exit from the European Union. Following is a summary of possible contenders to run the Bank of England, which oversees the world's sixth-biggest economy and Britain's huge finance industry. the outsider insiderWidely tipped by analysts as Carney's most likely successor, Bailey reached the role of deputy governor of the BoE with a focus on banks before becoming chief executive of the Financial Conduct Authority, a financial markets regulator.During his time at the BoE, Bailey helped to steer Britain's banks through the global financial crisis, enhancing his reputation as a safe pair of hands.As FCA boss, Bailey sits on important panels at the BoE that oversee banks.Haldane has experience of both sides of the Bank, having served previously as executive director for financial stability, overseeing the risks to the economy from the banking system.
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