HM Treasury announced that the Chancellor of the Exchequer, Rachel Reeves, has reappointed Megan Greene as an external member of the Bank of England’s Monetary Policy Committee (MPC) for a second three-year term. Greene’s current term was due to end on 4 July 2026; the reappointment extends her tenure until 4 July 2029. The update reiterates that the MPC comprises the Bank of England Governor, three Deputy Governors, the Chief Economist and four external members, with external members appointed by the Chancellor and eligible to serve up to two three-year terms. The reappointment was made in line with the Governance Code for Public Appointments, and Greene confirmed she has not engaged in any political activity in the past five years.
HM Treasury 2025-11-13
HM Treasury reappoints Megan Greene for a second term as external member of the Bank of England’s Monetary Policy Committee
HM Treasury has reappointed Megan Greene as an external member of the Bank of England’s Monetary Policy Committee for a second three-year term, extending her tenure until 4 July 2029. The reappointment follows the Governance Code for Public Appointments, with Greene confirming no political activity in the past five years.