Mervyn King, Baron King of Lothbury banks", pinpointing the banks' sense of grievance on their finding it "very, very difficult to face up to the failure of their banking model". With King's term as governor ending in 2013, top UK banks have warned that unless a less "hostile" figure is found as a successor, they may feel it necessary to move abroad. On 26 November 2012, Mark Carney was named as King's successor. King had faced accusations of refusing funding to the Northern Rock Bank, precipitating a run on that bank, a situation not seen in the UK since 1914. King later said that it had
Governor of the Central Bank of Iran within the central bank but controlled by the government. The governor is assisted by an Executive Board comprising, in addition to himself as the chairman, the deputy governor, vice-governors, and the secretary-general of the Currency and Credit Council. The law specifies no fixed term for the governor, however the officeholder is appointed for five years. The governors of Central Bank of Iran are as follows: Governor of the Central Bank of Iran Governor of the Central Bank of Iran () is the highest administrative authority of the Central Bank of Iran, making decisions concerning all such current affairs of the