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 Sri Lanka term of office. The position is currently held by economist Indrajit Coomaraswamy, who took over from Arjuna Mahendran, who stepped down on 2 July 2016. The term of office last for 6 years. Governor of the Central Bank of Sri Lanka The Governor of the Central Bank of Sri Lanka (CBSL) functions as the chief executive of the Sri Lankan central bank. The post is the "ex-officio" chairperson of the Monetary Board of Central Bank of Sri Lanka. Since its establishment in 1950, the CBSL has been headed by 14 governors. The governor has two deputies and several assistant governors.