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
Bank of Jamaica a former deputy governor, has been named as the new Governor of the Bank, effective December 1, 2009. Until then, Audrey Anderson, senior deputy governor, is in charge of the Bank. The most recent Governor of the Bank of Jamaica was Derick Milton Latibeaudiere who took up that post on 1 April 1996 and who resigned on October 30, 2009. Bank of Jamaica The Bank of Jamaica is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 and was opened on May 1, 1961. It is responsible for the monetary policy