Utilize the input text as a context reference, choose the right relationship between George Osborne and Chancellor of the Exchequer from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Chancellor of the Exchequer George Osborne announced the appointment on Tuesday, saying Vlieghe is an economist of “outstanding ability.” BOE Governor Mark Carney endorsed that view, saying his “insight, judgment and perspective will be invaluable to the committee in the coming years.”

Answer: position_held