Andrew joined the Bank of England (BoE) in 1992, and has held senior roles across most of the BoE’s major functions. He is currently responsible for:
• Managing the balance sheet, including all aspects of the design and execution of operations in financial markets
• Managing the UK’s official foreign exchange reserves on behalf of HM Treasury
• Providing market intelligence and analysis for policy committees
As Executive Director for Banking, Payments and Financial Resilience, Andrew oversaw BoE’s financial risk framework; the operation and strategic development of the payment systems and the wholesale and retail banking operation. He was also an executive sponsor for the work on fintech.
Andrew ran the Fair and Effective Markets Review, a joint initiative by the Bank of England, the Treasury and the Financial Conduct Authority (FCA). He was Private Secretary to the Governor, and represented the United Kingdom as a member of the Executive Board of the International Monetary Fund in Washington DC. He has overseen the Inflation Report and regional agency network, and served on the secretariats to the Monetary and Financial Policy Committees.
Between 2013 and 2017, Andrew was a Non-Executive Director and Chair of the Audit and Risk Committee for NHS Resolution.
Andrew received a first-class degree in politics, philosophy and economics from Oxford University and a Master’s degree in economics from the London School of Economics.