The job move will become effective in December this year, and he will report to deputy governor for financial Stability Sarah Breeden.
Benjamin is currently the executive director, authorisations, regulatory technology, and international supervision, which he was appointed to in October 2021. There he was responsible for authorisation of regulatory transactions, and the use of technology, data and innovation in support of regulatory processes.
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The FPC is charged with leading on the central bank's financial stability practices and procedures. It was founded in 2013 as part of a wave of then new reforms aimed at improving financial stability after the 2008 financial crisis.
The job move will become effective in December this year, and he will report to deputy governor for financial stability Sarah Breeden.
Commenting on the appointment, Andrew Bailey, governor of the Bank of England, said: «Nathanaël has wide-ranging experience and knowledge of financial analysis and risk, as well as supervision. He also has extensive knowledge of the bank and the financial sector and will be a great asset to the FPC.»
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