1.This Report considers the appointment of Sarah Breeden to the Bank of England’s Financial Policy Committee (FPC). The Court of the Bank of England appointed Sarah Breeden as Executive Director for Financial Stability Strategy and Risk and as a member of the Financial Policy Committee on 27 May 2021.
2.In this Report, we have considered the suitability of Ms Breeden against two criteria—the appropriate personal independence and professional competence to undertake the role of an external member of the FPC.
3.We took oral evidence from Sarah Breeden on Monday 19 July 2021. Sarah Breeden has provided a full CV and answered our questionnaire prior to giving oral evidence. We thank her for this evidence.
1 Bank of England, , 27 May 2021