Head of the Church time of the English Reformation, Henry VIII took for himself the title of Supreme Head of the Church of England, which was theologically problematic; his daughter Elizabeth I changed this to Supreme Governor of the Church of England. The Presbyterian system, codified in the Westminster Standards, outlines teaching elders (Ministers) and ruling elders, and courts presided over by Moderators sitting "primus inter pares", and gives practical effect to the concept of the equal status of all believers behind the one and only head of the church - Jesus Christ. This gives rise to the famous (or infamous) section of the
Deputy Governor of the Bank of England Governor for Financial Stability for the rest of his term, and Mervyn King became the first Deputy Governor for Monetary Policy. In June 2013, the position of Chief Operating Officer (COO) of the Bank of England was created. The COO has responsibility for the day-to-day operations of the Bank. They have the same status and remuneration as a Deputy Governor. Deputy Governor of the Bank of England A Deputy Governor of the Bank of England is the holder of one of a small number of senior positions at the Bank of England, reporting directly to the Governor. According to the