Chancellor appoints Megan Greene to Monetary Policy Committee

Currently global chief economist at Kroll, she will start her three-year term on 5 July – replacing current external member professor Silvana Tenreyro, who has been on the MPC since July 2017.  

On her appointment, Greene said: “I’m honoured and thrilled to have the opportunity to contribute to the policy debate at the Bank of England as an external member of the MPC. It will be a privilege and a challenge to help address some of the key monetary policy challenges of our time.” 

Chancellor Hunt, meanwhile, said: “Greene’s wide experience across financial markets and the real economy will bring valuable new expertise to the MPC. I am delighted to appoint her to this role and look forward to seeing her contribution to policymaking in the coming years. 

“I would also like to thank Professor Silvana Tenreyro for all her work since she joined the Bank of England, and wish her the best in the next stage of her career.” 

Bank of England governor Andrew Bailey added: “She brings significant experience from her work across financial services and academia and we will benefit greatly from her contributions to our policy discussions. 
“Silvana Tenreyro has made a tremendous contribution to the work of the MPC over the past six years. I would like to extend my thanks and wish her all the best for the future.” 

Alongside her role as global chief economist at Kroll, Greene is a senior fellow at the Watson Institute for International and Public affairs at Brown University, exploring the new drivers of global inequality, sovereign debt crisis. She is a board member of the Academic Advisory Committee at the San Francisco Fed.