Sajid Javid announces Andrew Bailey as Bank of England Governor

The transcript announces Andrew Bailey as the new governor of the Bank of England, highlighting his extensive experience in central banking and his leadership during the financial crisis. Bailey's current role as the chief executive of the Financial Conduct Authority is noted, emphasizing his focus on consumer interests and diversity. His appointment is seen as crucial for leading the bank post-Brexit.

Who was announced as the next governor of the Bank of England?

• Theresa May

• Rishi Sunak

• Andrew Bailey

• Mark Carney

What qualities were sought in the new governor of the Bank of England?

• Experience in the technology sector

• Background in environmental policy

• Expertise in monetary, economic, and regulatory policy

• Experience in international diplomacy

During which major event did Andrew Bailey lead the bank's response teams?

• The COVID-19 pandemic

• The 2008 Olympics

• Brexit negotiations

• The financial crisis

What role does Andrew Bailey currently hold?

• Prime Minister

• Chancellor of the Exchequer

• Governor of the Bank of England

• Chief Executive of the Financial Conduct Authority

What is one of Andrew Bailey's achievements at the Financial Conduct Authority?

• Launching a new digital currency

• Increasing diversity in senior leadership

• Reducing interest rates

• Implementing new tax policies