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Mark Carney

Mark Carney
OC
Mark Carney World Economic Forum 2013 (3).jpg
Carney at the World Economic Forum annual meeting at Davos, 2013
Governor of the Bank of England
Assumed office
July 1, 2013
Preceded by Mervyn King
Chairman of the Financial Stability Board
Assumed office
November 4, 2011
Preceded by Mario Draghi
Governor of the Bank of Canada
In office
February 1, 2008 – June 3, 2013
Preceded by David Dodge
Succeeded by Stephen Poloz
Personal details
Born Mark Joseph Carney
(1965-03-16) March 16, 1965 (age 51)
Fort Smith, Northwest Territories, Canada
Nationality
  • Canadian
  • British
  • Irish
Spouse(s) Diana Fox (m. 1994)
Children 4
Residence London, England
Alma mater
Religion Roman Catholic
Signature

Mark Joseph Carney, OC (born March 16, 1965) is a Canadian economist who currently serves as Governor of the Bank of England and Chairman of the G20's Financial Stability Board.

Carney began his career at Goldman Sachs before joining the Canadian Department of Finance. He then served as the Governor of the Bank of Canada from 2008 until 2013, when he moved to his current post at the Bank of England. He intends to serve in this role until June 2019.

Carney was born on March 16, 1965, in Fort Smith, Northwest Territories, the son of Verlie Margaret (née Kemper) and Robert James Martin Carney. When Carney was six, his family moved to Edmonton, Alberta. Carney has three siblings—older brother Seán, younger brother Brian, and sister Brenda. Carney attended St. Francis Xavier High School at Edmonton before studying at Harvard University.

Carney graduated from Harvard in 1988 with a bachelor's degree with high honours in economics, before postgraduate studies at St Peter's College, Oxford, where he received masters and doctoral degrees in the same field in 1993 and 1995, respectively. The title of his D.Phil thesis is "The dynamic advantage of competition".

Carney spent thirteen years with Goldman Sachs in its London, Tokyo, New York City and Toronto offices. His progressively more senior positions included co-head of sovereign risk; executive director, emerging debt capital markets; and managing director, investment banking. He worked on South Africa's post-apartheid venture into international bond markets, and was involved in Goldman's work with the 1998 Russian financial crisis.


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