santander uk: He would become the 121st governor of the UK's central bank, with the appointment expected to be announced by chancellor Sajid Javid on Friday, according to The Independent. Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now According to the FT, Minouche Shafik, director of the London School of Economics, and Shriti Vadera, chair of Santander UK, were in the running but recently learnt they were no longer in contention. Mr Bailey, who is head of the Financial Conduct Authority FCA will replace outgoing governor Mark Carney when he leaves on 31 January, according to the The Financial Times. THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - START THIS WAS ORIGINALLY IN THE FOOTER EJS FILE THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - END Mr Bailey, who is a former deputy governor of the bank, has faced recent criticism for FCA's response to a number of scandals. Biggest business scandals in pictures Show all 20 Created with Sketch. Created with Sketch.
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