Treasury names Hogg as new deputy governor of Bank of England

The Treasury said on Thursday it had appointed Charlotte Hogg, who is currently chief operating officer of the Bank of England, to replace Minouche Shafik as a deputy governor at the central bank. As deputy governor for markets and banking, Hogg will be responsible for the Bank's newly expanded bond-buying programme. Shafik said in September she would leave the BoE to become director of the London School of Economics.