November 26, 2012 / 4:17 PM / 5 years ago

BoE's King says Carney an outstanding successor

LONDON (Reuters) - Outgoing Bank of England Governor Mervyn King praised the choice of Canada’s central bank chief Mark Carney as his successor on Monday.

“He represents a new generation of leadership for the Bank of England, and is an outstanding choice to succeed me,” King said in a statement.

“Since Mark became Governor of the Bank of Canada, I have worked closely with him and admired his contributions to the world of central banking, in which he is widely respected.”

Reporting by Olesya Dmitracova; editing by Guy Faulconbridge

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