According to the Daily Planet, the Bank of England announced that bank official Sarah Breeden will succeed Jon Cunliffe as deputy governor, whose term is coming to an end.
Breeden, who was a member of the Bank of England's CBDC working group, will officially take over Jon Cunliffe's position on November 1, 2023. At that time, she will serve as a member of the Financial Policy, Monetary Policy and Prudential Supervision Committee and establish a connection between financial stability and monetary policy.