Dame Clara Furse has stepped down from the Bank of England's Financial Policy Committee (FPC), fuelling speculation that she's being lined up for a top job at HSBC.
“It’s been an enormous privilege to work with the governor, other FPC colleagues and Bank staff on developing the UK’s macro-prudential policy in its early years," said Furse.
"I will miss our intense and important deliberations, but am looking forward to playing a more active and direct role in supporting the UK’s economic ambitions at a time of great change.”
The former boss of the London Stock Exchange will reportedly be named chair of HSBC's newly ring-fenced retail bank.
Bidding fairwell to Furse, Bank of England governor Mark Carney who himself announced a date for his own departure from Threadneedle Street just yesterday, said:
“We thank Dame Clara for her important contribution as a founding member of the statutory Financial Policy Committee. The committee has benefited greatly from Clara’s expertise in banking and financial markets and from her unique insights as a market practitioner.”