Governor of the Bank of England - wikipedia Governor of the Bank of England This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. ( January 2016 ) Governor of the Bank of England Seal of the Bank of England Incumbent Mark Carney 120th Governor of the Bank of England since 1 July 2013 Residence London, United Kingdom Appointer Monarch on advice from the Prime Minister Term length 8 years Renewable once Inaugural holder Sir John Houblon Formation 1694 Website Governor of the Bank of England The Governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the Bank, with the incumbent grooming his or her successor. The Governor of the Bank of England is also Chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom. According to the original charter of 27 July 1694 the Bank 's affairs would be supervised by a Governor, a Deputy Governor and 24 directors. The 120th and current Governor is the Canadian Mark Carney, appointed in 2013. He is the first non-Briton to be appointed to the post, but made a commitment to the Prime Minister to take up British citizenship. Contents 1 Governors of the Bank of England ( 1694 -- present ) 2 See also 3 References 4 External links Governors of the Bank of England ( 1694 -- present ) Name In office Sir John Houblon ( 1694 -- 1697 ) Sir William Scawen ( 1697 -- 1699 ) Nathaniel Tench ( 1699 -- 1701 ) John Ward ( 1701 -- 1703 ) Abraham Houblon ( 1703 -- 1705 ) Sir James Bateman ( 1705 -- 1707 ) Francis Eyles ( 1707 -- 1709 ) Sir Gilbert Heathcote ( 1709 -- 1711 ) Nathaniel Gould ( 1711 -- 1713 ) John Rudge ( 1713 -- 1715 ) Sir Peter Delme ( 1715 -- 1717 ) Sir Gerard Conyers ( 1717 -- 1719 ) John Hanger ( 1719 -- 1721 ) Sir Thomas Scawen ( 1721 -- 1723 ) Sir Gilbert Heathcote ( 1723 -- 1725 ) William Thompson ( 1725 -- 1727 ) Humphry Morice ( 1727 -- 1729 ) Samuel Holden ( 1729 -- 1731 ) Sir Edward Bellamy ( 1731 -- 1733 ) Horatio Townshend ( 1733 -- 1735 ) Bryan Benson ( 1735 -- 1737 ) Thomas Cooke ( 1737 -- 1740 ) Delillers Carbonnel ( 1740 -- 1741 ) Stamp Brooksbank ( 1741 -- 1743 ) William Fawkener ( 1743 -- 1745 ) Charles Savage ( 1745 -- 1747 ) Benjamin Longuet ( 1747 -- 1749 ) William Hunt ( 1749 -- 1752 ) Alexander Sheafe ( 1752 -- 1754 ) Charles Palmer ( 1754 -- 1756 ) Matthews Beachcroft ( 1756 -- 1758 ) Merrick Burrell ( 1758 -- 1760 ) Bartholomew Burton ( 1760 -- 1762 ) Robert Marsh ( 1762 -- 1764 ) John Weyland ( 1764 -- 1766 ) Matthew Clarmont ( 1766 -- 1769 ) William Cooper ( 1769 -- 1771 ) Edward Payne ( 1771 -- 1773 ) James Sperling ( 1773 -- 1775 ) Samuel Beachcroft ( 1775 -- 1777 ) Peter Gaussen ( 1777 -- 1779 ) Daniel Booth ( 1779 -- 1781 ) William Ewer ( 1781 -- 1783 ) Richard Neave ( 1783 -- 1785 ) George Peters ( 1785 -- 1787 ) Edward Darell ( 1787 -- 1789 ) Mark Weyland ( 1789 -- 1791 ) Samuel Bosanquet ( 1791 -- 1793 ) Godfrey Thornton ( 1793 -- 1795 ) Daniel Giles ( 1795 -- 1797 ) Thomas Raikes ( 1797 -- 1799 ) Samuel Thornton ( 1799 -- 1801 ) Job Mathew Raikes ( 1801 -- 1802 ) Joseph Nutt ( 1802 -- 1804 ) Benjamin Winthrop ( 1804 -- 1806 ) Beeston Long ( 1806 -- 1808 ) John Whitmore ( 1808 -- 1810 ) John Pearse ( 1810 -- 1812 ) William Manning ( 1812 -- 1814 ) William Mellish ( 1814 -- 1816 ) Jeremiah Harman ( 1816 -- 1818 ) George Dorrien ( 1818 -- 1820 ) Charles Pole ( 1820 -- 1822 ) John Bowden ( 1822 -- 1824 ) Cornelius Buller ( 1824 -- 1826 ) John Baker Richards ( 1826 -- 1828 ) Samuel Drewe ( 1828 -- 1830 ) John Horsley Palmer ( 1830 -- 1833 ) Richard Mee Raikes ( 1833 -- 1834 ) James Pattison ( 1834 -- 1837 ) Timothy Abraham Curtis ( 1837 -- 1839 ) Sir John Rae Reid ( 1839 -- 1841 ) Sir John Henry Pelly ( 1841 -- 1842 ) William Cotton ( 1842 -- 1845 ) John Benjamin Heath ( 1845 -- 1847 ) William Robinson ( April -- August 1847 ) James Morris ( 1847 -- 1849 ) Henry James Prescot ( 1849 -- 1851 ) Thomson Hankey ( 1851 -- 1853 ) John Gellibrand Hubbard ( 1853 -- 1855 ) Thomas Matthias Weguelin ( 1855 -- 1857 ) Sheffield Neave ( 1857 -- 1859 ) Bonamy Dobrée ( 1859 -- 1861 ) Alfred Latham ( 1861 -- 1863 ) Kirkman Daniel Hodgson ( 1863 -- 1865 ) Henry Lancelot Holland ( 1865 -- 1867 ) Thomas Newman Hunt ( 1867 -- 1869 ) Robert Wigram Crawford ( 1869 -- 1871 ) George Lyall ( 1871 -- 1873 ) Benjamin Buck Greene ( 1873 -- 1875 ) Henry Hucks Gibbs ( 1875 -- 1877 ) Edward Howley Palmer ( 1877 -- 1879 ) John William Birch ( 1879 -- 1881 ) Henry Riversdale Grenfell ( 1881 -- 1883 ) John Saunders Gilliat ( 1883 -- 1885 ) James Pattison Currie ( 1885 -- 1887 ) Mark Wilks Collet ( 1887 -- 1889 ) William Lidderdale ( 1889 -- 1892 ) David Powell ( 1892 -- 1895 ) Albert George Sandeman ( 1895 -- 1897 ) Hugh Colin Smith ( 1897 -- 1899 ) Samuel Steuart Gladstone ( 1899 -- 1901 ) Augustus Prevost ( 1901 -- 1903 ) Samuel Hope Morley ( 1903 -- 1905 ) Alexander Falconer Wallace ( 1905 -- 1907 ) William Middleton Campbell ( 1907 -- 1909 ) Reginald Eden Johnston ( 1909 -- 1911 ) Alfred Clayton Cole ( 1911 -- 1913 ) Lord Cunliffe ( 1913 -- 1918 ) Sir Brien Cokayne ( 1918 -- 1920 ) Sir Montagu Collet Norman ( 1920 -- 1944 ) Lord Catto ( 1944 -- 1949 ) Lord Cobbold ( 1949 - 1961 ) Lord Cromer ( 1961 -- 1966 ) Sir Leslie O'Brien ( 1966 -- 1973 ) Gordon Richardson ( 1973 -- 1983 ) Robin Leigh - Pemberton ( 1983 -- 1993 ) Sir Edward George ( 1993 -- 2003 ) Sir Mervyn King ( 2003 -- 2013 ) Mark Carney ( since July 2013 ) See also Chief Cashier of the Bank of England Deputy Governor of the Bank of England References Jump up ^ Richards, Richard. The Early History of Banking in England ( Rle Banking and Finance ). p. 152. Jump up ^ `` Carney : corruption, my reputation and British citizenship ''. Channel 4 News. November 13, 2013. Retrieved November 26, 2013. External links Wikimedia Commons has media related to Governors of the Bank of England. List of Governors of the Bank of England Retrieved from `` https://en.wikipedia.org/w/index.php?title=Governor_of_the_Bank_of_England&oldid=817078976 '' Categories : Monetary Policy Committee members Bank of England 1694 establishments in England Hidden categories : Articles needing additional references from January 2016 All articles needing additional references Talk Contents About Wikipedia Deutsch Español Italiano Svenska Edit links This page was last edited on 26 December 2017, at 00 : 21. About Wikipedia

Question: how is the governor of the bank of england appointed
Answer: from within the Bank, with the incumbent grooming his or her successor.; Monarch on advice from the Prime Minister