1.The vacancy for an external member of the Bank of England’s Monetary Policy Committee (MPC) arose as a result of Ian McCafferty coming to the end of his second term on the MPC.
2.The Treasury announced that Professor Haskel has been appointed as an external member of the Bank of England’s MPC on 31 May 2018. His appointment takes effect from 1 September 2018 for a period of three years.
3.In this Report, the Committee has considered the suitability of Professor Haskel for this role against the criteria of personal independence and professional competence.
4.The Committee took oral evidence from Professor Haskel on 26 June 2018. He provided a full CV and answered a written questionnaire prior to giving oral evidence. The Committee would like to thank Professor Haskel for this evidence, which has been published on the Treasury Committee website.
1 HM Treasury, , 31 May 2018
3 Professor Haskel ( & )
Published: 29 June 2018