BoE promotes Haldane to head of stability

Andrew Haldane will replace Nigel Jenkinson as executive director for financial stability at the Bank of England from January 1, 2009. Haldane joined the Bank of England in 1989, and has been in his current role as head of the systematic risk assessment division since 2005. His responsibilities have included supervising the bank's quantitative risk assessment framework and its biannual Financial Stability Report. Recently, he worked on the redesign of the Bank's financial stability framework, as