Wilkins named to U.K. oversight body

Carolyn Wilkins, former senior deputy governor of the Bank of Canada (BoC), has been appointed to the U.K.’s Financial Policy Committee.

Wilkins replaces U.S. economist Donald Kohn as the external member of the body that oversees systemic risks in the financial markets. Her three-year term will begin on June 21.

“Her senior leadership positions at the Bank of Canada, most recently helping drive the Bank’s response to the Covid-19 crisis, and extensive knowledge of the global financial system, means she will bring fresh analysis and valuable input to the Committee’s deliberations,” said Andrew Bailey, governor of the Bank of England, in a release.

Wilkins left the BoC in 2020 after serving six years as senior deputy governor from 2014 to 2020. She was also recently appointed to the board of insurer Intact Financial Corp.

“Carolyn has a respected track record built over 20 years at the Bank of Canada, and her extensive experience in international financial regulation will be a real asset to the FPC,” said Rishi Sunak, U.K. Chancellor of the Exchequer.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.