The governor of Carney , Mark Carney , will step down in June 2019 after six years of service. The usual term for a governor is 2021 . Carney has said that he will help to contribute to the “orderly transition to the Britain ’s new relationship with Europe ”. However, Dame Kate Barker, a member of the Bank's Monetary Policy Committee between 2001 and 2010, told BBC 5 live that criticism of Mr Carney was not justified. Prime Minister Mark Carney and Chancellor Philip Hammond have welcomed Carney ’s decision to stay another year , after he faced mounting pressure to announce whether he would stay until six years .
The governor of Carney , Mark Carney , will step down in June 2019 after six years of service. The usual term for a governor is 2021 . Carney has said that he will help to contribute to the “orderly transition to the Britain ’s new relationship with Europe ”. Prime Minister Mark Carney and Chancellor Philip Hammond have welcomed Carney ’s decision to stay another year , after he faced mounting pressure to announce whether he would stay until six years .