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Jonathan Hall has been appointed as an external member of the Financial Policy Committee (FPC), the Chancellor of the Exchequer, Rishi Sunak has announced.

Mr Hall has 25 years’ experience working in the financial markets, most recently as Portfolio Manager at Eisler Capital. He will serve a three-year term, which will begin on 1 September 2020. His appointment fills the position previously held by Martin Taylor, who stepped down from the Committee at the end of March 2020.

The Chancellor of the Exchequer, Rishi Sunak, said:

The role of the FPC in enhancing and protecting the stability of the UK’s financial system has never been more important, and having highly qualified people on the committee is key. That’s why I’m very pleased to welcome Jonathan to the role. His wide-ranging expertise and experience built up over years working in financial markets will be hugely beneficial as we work to open up the economy following the Coronavirus pandemic, underpinned and supported by our world-leading financial system.

The Governor of the Bank of England, Andrew Bailey, said:

Jonathan has a wealth of experience and I look forward to welcoming him to the FPC. As a committee, more than ever as we address the economic challenges of the pandemic, we need to protect and enhance the resilience of the UK financial system. I am certain that Jonathan’s insights from financial markets will prove invaluable to our financial policymaking decisions.

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