Dr. Catherine L Mann reappointed to the Monetary Policy Committee

News release

Dr. Catherine L Mann was appointed to the MPC on 1 September 2021 for a three-year term due to end on 31 August 2024. Following her appointment for a second term, Dr. Mann will continue to hold the post until 31 August 2027. 

Dr. Catherine L Mann is an international economist whose career has spanned across domestic policy in the USA, and global analysis at international organisations, research and the private sector.

Before joining the MPC, she was the Global Chief Economist at Citibank from February 2018 to May 2021. Prior to that she was the Chief Economist and G20 Finance Deputy at the OECD from October 2014 to November 2017. She has also held positions at Brandeis University, the Federal Reserve Board of Governors, the White House and the World Bank among others.

About the reappointment process

Reappointments are not automatic and each case is considered on its own merits. Dr. Catherine L Mann was reappointed to the MPC following consideration by the Chancellor of a number of factors including the diversity of the current committee and its balance of skills and experience.

About the Monetary Policy Committee

The independent MPC makes decisions about the operation of monetary policy. It comprises of the Governor of the Bank of England, three Deputy Governors, the Bank of England’s Chief Economist and four external members. External members, who are appointed by the Chancellor, may serve up to two three-year terms on the MPC.

The appointment of external members to the MPC is designed to ensure that the Committee benefits from thinking and expertise in addition to that gained inside the Bank. Each member of the MPC has expertise in the field of economics and monetary policy. They are independent and do not represent particular groups or areas.


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