Newton CEO appointed non-exec at Bank of England

Hanneke Smits joins Rohinton (Ron) Kalifa and Frances O'Grady

Chancellor Philip Hammond has announced today the appointment of Newton Investment Management CEO Hanneke Smits as one of three non-executive directors to the Bank of England's Court of Directors.

Smits, alongside Rohinton (Ron) Kalifa and Frances O'Grady, will begin their four-year terms on 1 June. Could Albert Edwards be the next BoEGovernor? Smits has worked in the asset management and private equity industry for over 26 years. She became CEO of Newton, a subsidiary of the Bank of New York Mellon, in 2016 and currently serves on the board of the Investment Association. Hammond commented: "The appointment of Ron Kalifa, Frances O'Grady and Hanneke Smits to the Bank of England's Court will bring a vital breadth of experience and wealth of knowledge to the Bank's board." ...