Chancellor Reappoints David Roberts as Chair of Bank of England Court
David Roberts has been reappointed as Chair of the Court of the Bank of England, with his second four-year term starting on 24 October 2026. This announcement was made by the Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, who has also extended the tenures of Dame Anne Glover and Diana Noble as Non-Executive Directors on the Bank’s Court.
Chancellor’s Statement
The Chancellor expressed her satisfaction with the reappointments, stating that all three individuals bring invaluable expertise across various sectors, including financial services and investment. She highlighted that their continued contributions are essential for the Bank to fulfil its key objectives of maintaining monetary and financial stability.
Governance Roles and Responsibilities
David Roberts will continue to lead the Bank’s board, guiding the establishment of strategies and making important organisational decisions. In addition to his role at the Bank, Roberts has held various advisory positions at prominent institutions and has a notable career that spans multiple sectors, including finance and healthcare.
Dame Anne Glover, another reappointee, brings over three decades of experience in venture capitalism and has been influential in both business and engineering fields. She is the Chief Executive and Co-Founder of Amadeus Capital Partners and has held esteemed positions in various organisations.
Diana Noble serves as the Deputy Chair of the Court and chairs the Remuneration Committee. With a strong background in development finance, she previously led the UK’s development finance institution and has experience in venture capital and international development.
About the Court of the Bank of England
The Court of the Bank of England functions as the Bank’s governing board, overseeing essential aspects such as strategy, governance, and risk management. It is comprised of the Chair, eight Non-Executive Directors, the Governor, and four Deputy Governors, with additional support from the Bank’s Chief Operating Officer.
Appointment Process
It is worth noting that reappointments to the Court are not automatic; each case is reviewed individually. These latest appointments adhere to the Governance Code on Public Appointments, ensuring that due diligence is carried out. The appointees have also confirmed that they have refrained from any political activities in the past five years.
Source: official statements, news agencies, and public reports.
https://www.gov.uk/government/news/reappointment-of-the-chair-of-the-bank-of-englands-court-of-directors-and-non-executive-directors
