September 7, 2019 / 12:59 AM / 16 days ago

Gerard Lyons no longer contender for BoE governor role - The Times

FILE PHOTO: A man walks past the columns of the Bank of England in the city of London, October 17, 2014. REUTERS/Andrew Winning

(Reuters) - Gerard Lyons, a former adviser to British Prime Minister Boris Johnson, fell short of making the shortlist to become Bank of England’s next governor, the Times reported on Saturday.

Lyons failed to meet the requirement of successfully leading a large financial organisation, the newspaper said citing a person close to the Treasury, but it did not say who made the shortlist.

Lyons, a prominent pro-Brexit economist who now advises online wealth management company Netwealth, was expected to be a potential contender to succeed Mark Carney as the central bank’s governor.

Reporting by Akshay Balan in Bengaluru

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