June 19, 2008 / 11:28 AM / 11 years ago

MOVES-State Street, Bank of England

June 19 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, please e-mail moves@thomsonreuters.com.


State Street Corp appointed Jim Clark as managing director of its U.K. trustee business, State Street Trustees Limited (SSTL). Clark succeeds the retiring Donald Anderson in this role. Clark, who has more than 10 years of U.K. trustee experience, re-joins State Street from JP Morgan, where he served as head of its transfer agency business in the EMEA region.


Fifth Third Bancorp (FITB.O) named Kevin Kabat chairman of the board, and said George Schaefer, Jr. retired from the board of directors. [ID:nWEN6328]


Bank of England chief economist Charlie Bean will be the new deputy governor for monetary policy at the Bank of England, the Treasury said on Thursday. Spencer Dale, a current BoE staffer who has been working at the U.S. Federal Reserve, will take over his role of chief economist and serve on the Monetary Policy Committee. Bean takes over from Rachel Lomax who is stepping down after 5 years in the role at the end of this month. [ID:nLAC002851]

Bank of England deputy governor John Gieve said on Wednesday he would quit two years earlier than expected, as finance minister Alistair Darling was set to announce changes to Britain’s financial stability framework. [ID:nLCCC55777] (Compiled by Adheesha Sarkar in Bangalore)

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