Finance
UK names former Harvard fund manager Stephen Blyth to Bank of England FPC
Published by Global Banking & Finance Review®
Posted on September 4, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 4, 2025
2 min readLast updated: January 22, 2026
Stephen Blyth, ex-Harvard fund manager, joins the Bank of England's FPC, enhancing oversight of UK's financial system.
LONDON (Reuters) -Britain's finance ministry said on Thursday that it had named Stephen Blyth, a mathematician and former banker previously in charge of Harvard University's endowment fund, to a part-time role on the Bank of England's Financial Policy Committee.
The FPC monitors risks facing Britain's financial system and sets rules on bank capital levels and mortgage lending, and is chaired by BoE Governor Andrew Bailey.
Blyth has been principal of the University of Oxford's Lady Margaret Hall since 2022 and started his career as a maths lecturer before holding senior positions at Morgan Stanley and Deutsche Bank.
Blyth later became chief executive of Harvard University's endowment fund, the largest of any university and worth $53 billion last year, alongside being a statistics professor.
"His distinguished experience in academic leadership and financial management will be of great value to the committee's work," Bailey said in a statement welcoming Blyth's appointment.
Blyth succeeds Colette Bowe who served as an external member of the committee for six years until the end of August.
The British government also said that it had reappointed Randall Kroszner, a former U.S. Federal Reserve official, to a second three-year term on the FPC.
(Reporting by William James, writing by David Milliken; Editing by Susan Fenton)
Stephen Blyth, a former banker and mathematician, has been appointed to the Bank of England's Financial Policy Committee.
The FPC monitors risks facing Britain's financial system and sets rules on bank capital levels and mortgage lending.
Before his appointment, Stephen Blyth was the chief executive of Harvard University's endowment fund, which is valued at $53 billion.
Stephen Blyth succeeded Colette Bowe, who served as an external member of the committee for six years.
Randall Kroszner, a former U.S. Federal Reserve official, was reappointed to a second three-year term on the FPC.
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