Mervyn King, Baron King of Lothbury in 1990 as a non-executive director, and became the chief economist in 1991. In 1998, he became a deputy governor of the bank and a member of the Group of Thirty. King was appointed as Governor of the Bank of England in 2003, succeeding Edward George. Most notably, he oversaw the bank during the financial crisis of 2007–2008 and the Great Recession. King retired from his office as governor in June 2013, and was succeeded by Mark Carney. He was appointed a life peer and entered the House of Lords as a crossbencher in July 2013. Since September 2014 he
Humphry Morice (Governor of the Bank of England) contemporaries, his fortune was largely fictitious and he was embezzling from the Bank and his daughters' trust fund. He died suddenly in 1731, perhaps having poisoned himself to forestall the discovery of his frauds, and left behind enormous debts. Humphry was the only son of Humphry Morice (c. 1640–1696), a London merchant trading extensively in Africa, America, Holland and Russia, and his wife Alice, the daughter of Sir Thomas Trollope, 1st Baronet. Because of the early death of his mother, the young Humphry was raised at Werrington, the seat of his uncle Sir William Morice, 1st Baronet. He succeeded his