Charlotte Hogg
Nemat Shafik | |
|---|---|
| Succeeded by | Dave Ramsden |
| Chief Operating Officer of the Bank of England | |
| In office 1 July 2013 – 28 February 2017 | |
| Governor | Mark Carney |
| Succeeded by | Joanna Place |
| Personal details | |
| Born | 26 August 1970 London, England |
| Citizenship | United Kingdom |
| Spouse |
Steve Sacks (m. 1999) |
| Relations | Quintin Hogg (brother) |
| Children | Two |
| Parent(s) | St Mary's School, Ascot |
| Alma mater | Hertford College, Oxford Harvard University |
| Occupation | CEO, Europe, Visa |
Charlotte Mary Hogg (born 26 August 1970) is a British management consultant and senior executive in financial services and central banking. In October 2017 she was appointed as CEO of Visa’s European operations. She was the chief operating officer of the Bank of England between 2013 and 2017, and additionally served briefly as Deputy Governor (Markets and Banking) at the Bank of England from 1 March 2017 to 14 March 2017, before resigning from both positions because she had failed to declare that her brother was employed in the banking industry.
She previously worked for
Early life
The Hon Charlotte Hogg was born on 26 August 1970 in London, England.
She was brought up on the
She was educated at
Career
Hogg began her career at the
In 2008, she returned to the United Kingdom to join Experian and was appointed a managing director with responsibility for the UK and Ireland operations.[1][3] She moved to Santander UK in September 2011 as head of high street operations.[3][4] In 2012, she earned £2.5 million.[4]
Bank of England
In June 2013, she was selected as the Bank of England's first chief operating officer (COO) by new
On 9 January 2017, it was announced that she had been appointed Deputy Governor (markets and banking) in succession to
Resignation
In March 2017, Hogg apologised for having previously breached the Bank of England's code of conduct and personal relationships policy. She had failed to declare a potential conflict of interest in that her brother worked in the strategy office of Barclays, subject to Bank of England regulation. Hogg gave incorrect oral evidence to the Treasury Select Committee.[9][10] She issued a letter of apology to the committee.[11]
Hogg resigned from her posts at the Bank of England on 14 March after the Select Committee criticised her failure to disclose the conflict, to recognise the seriousness of this and to realise the potential for conflict of interest in her new role. The Committee said her conduct "fell short of the very high standards" required and that the committee had "set aside" its previous approval of her appointment. The Bank of England conducted a search for two candidates to replace Hogg's vacated positions, one for the COO and the other for Deputy Governor (markets and banking).[12]
Later career
Following her departure from the Bank of England, Hogg was appointed chief executive officer (CEO) of Visa’s European operations in October 2017.[13] She is currently a member of the Build Back Better Council, founded in January 2021 to "fuel COVID-19 economic recovery and future growth".[14]
Personal life
In 1999, Hogg married Steven Sacks;[7] the couple have two children.[1]
References
- ^ a b c d e f g h "HOGG, Hon. Charlotte Mary". Who's Who 2015. Oxford University Press. November 2014. Retrieved 26 August 2015.
- ^ "Hon. Charlotte Hogg | Hertford College". www.hertford.ox.ac.uk.
- ^ a b c d e Neate, Rupert (18 June 2013). "Bank of England appoints woman as first chief operating officer". The Guardian. Retrieved 26 August 2015.
- ^ a b c d e f "Charlotte Hogg in the limelight: daughter of Tory dynasty is the new number two at Bank of England". London Evening Standard. 19 June 2013. Retrieved 26 August 2015.
- ^ a b c d "Charlotte Hogg – Chief Operating Officer". Bank of England. Retrieved 26 August 2015.
- ^ a b "News Release – Appointment of Chief Operating Officer". Bank of England. 18 June 2013. Retrieved 26 August 2015.
- ^ a b Neate, Rupert (20 June 2013). "Charlotte Hogg: Threadneedle Street's new face can bank on her connections". The Guardian. Retrieved 26 August 2015.
- ^ "Bank of England: Charlotte Hogg appointed as deputy governor". BBC News. 9 February 2017. Retrieved 9 February 2017.
- ^ "Bank of England deputy governor fails to declare conflict of interest". The Guardian. Press Association. 7 March 2017. Retrieved 7 March 2017.
- ^ David Milliken, Andy Bruce (7 March 2017). "Bank of England deputy under fire over undeclared conflict of interest". Reuters. Retrieved 7 March 2017.
- ^ "Letter from Charlotte Hogg to Treasury Committee Chair" (PDF). 2 March 2017. Retrieved 7 March 2017.
- ^ "Bank of England deputy Charlotte Hogg resigns her post". BBC News. 14 March 2017. Retrieved 14 March 2017.
- ^ Reuters Editorial. "MOVES-Visa names ex-BoE deputy Charlotte Hogg as Europe unit CEO". U.S. Retrieved 24 April 2018.
{{cite news}}:|author=has generic name (help) - ^ "Hogging the limelight". Private Eye: In The Back: HP Sauce. No. 1540. 5 February 2021. Archived from the original on 11 February 2021. Retrieved 11 February 2021.
| International | |
|---|---|
| National | |
