Pill New BoE Chief Economist

Huw Pill has been named chief economist and executive director for monetary analysis at the Bank of England. He will also become a member of the Bank’s Monetary Policy Committee.

He joins from Harvard Business School, where he has been senior lecturer since 2018, prior to this he was the chief European economist at Goldman Sachs. Pill has a centeal banking background, however, having also held a series of senior posts at the European Central Bank and previously worked for the Bank of England as an economist  from 1990-1992.

He will report to the deputy governor for monetary policy, Ben Broadbent and starts his role on Monday 6 September.

[Pill’s] breadth of experience across monetary policy, economic research and financial markets will be invaluable to the Bank and the MPC,” says Broadbent.

Andrew Bailey, governor of the Bank of England, adds, “Huw will make a major contribution to monetary policy – and to the broader work of the Bank. I greatly look forward to working with him.”

Meanwhile Pill says, “It is a great privilege to rejoin the Bank and have the opportunity to contribute to the work of the MPC and the Bank more broadly at what remains a challenging time for monetary policy and central banking.”