Andrew Bailey (Banker) Biography
Andrew Bailey (b. Andrew John Bailey March 30, 1959) is a Briton banker born in Leicester, England is the Governor of the Bank of England since 16 March 2020. Besides, he is the chief executive of the Financial Conduct Authority. Before, he served as the chief cashier at the Bank of England.
Read on for Andrew Bailey (Banker) Bio-Wiki-FCA-Speech-Age-Wife-Salary-Net Worth-Parents, and more
Andrew Bailey Early Life
Bailey was born and raised in Leicester, UK.
Andrew Bailey Age
Moving on to his age, Andrew was born on March 30, 1959, in Leicester, England in the United Kingdom. He celebrates his birthday on March 30, yearly. Andrew Bailey is 61 years of age in 2020 and will be 62 years old on March 30, 2021.
Andrew Bailey Height and Weight
Andrew stands at an average height and moderate weight. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.
Andrew Bailey Education
Bailey attended Wyggeston Boys’ Grammar School now known as Wyggeston and Queen Elizabeth I College, located in Leicester. Immediately after completing high school. Andrew joined the Queens’ College, Cambridge, where he studied and graduated with a BA in History and a Ph.D. from the Faculty of History in 1985.
Andrew Bailey Family
Andrew Bailey Parents
After doing our research, details about Andrew’s parents are not known to the public and it is also not known if he has any siblings. Nevertheless, as soon as information about Andrew Bailey’s father, mother, brothers, and sisters is available we shall update his family members immediately.
Andrew Bailey Wife
Bailey married Cheryl Schonhardt in England. Andrew’s wife Cheryl Schonhardt is a Professor in Political Science within the Government Department of the London School of Economics and Political Science. The admirable couple is parents to Hannah Bailey and Samuel Bailey.
Andrew Bailey Salary
According to our reliable sources, Baileys’s annual salary as the Governor of the Central Bank of England is expected to be £61,875 exempting additional allowances. Bailey has been appointed for an eight-year term at the bank thus he will receive a total basic salary of £495,000.
Andrew Bailey Bank of England Net Worth
Andrew Bailey’s Net Worth is estimated to be between $1 Million and $5 Million as of 2020. This includes his assets, money, and income. His primary source of income is his career as a banker. Through his various sources of income, Bailey has been able to accumulate a good fortune but prefers to lead a modest lifestyle.
Additionally, he is a simple person and never likes to attract public attention by publicly displaying his wealth especially in his occupation line.
Andrew Bailey Measurements and Facts
Here are some interesting facts and body measurements you should know about Andrew.
Andrew Bailey Bio and Wiki
- Full Names: Andrew John Bailey
- Popular As: Andrew Bailey
- Gender: Male
- Occupation / Profession: Central banker
- Nationality: British/ English
- Race / Ethnicity: White
- Religion: Not Known
- Sexual Orientation: Straight
Andrew Bailey Birthday
- Age / How Old?: 71 years (2020)
- Zodiac Sign: Aries
- Date of Birth: 30 March 1959
- Place of Birth: Leicester, England
- Birthday: 30 March
Andrew Bailey Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: Not Known
- Weight: Not Known
- Eye Color: Not Available
- Hair Color: Dark brown
- Shoe Size: Not Available
Andrew Bailey Family and Relationship
- Father (Dad): Not Known
- Mother: Not Known
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Married
- Wife/Spouse: Married to Cheryl Schonhardt
- Dating / Girlfriend: Not Applicable
- Children: Sons (Samuel Bailey) Daughter (Hannah Bailey)
Andrew Bailey Net Worth and Salary
- Net Worth: $1 Million and $5 Million
- Salary: $645,000 (£495,000)
- Source of Income: Bank of England
Andrew Bailey House and Cars
- Place of living: To be Updated
- Cars: Car Brand to be Updated
Andrew Bailey Career
Bailey started his career as a research officer at the London School of Economics. Between 1985 to 2016, Bailey worked as governor secretary, chief cashier, head of the International Economic Analysis Division in Monetary Analysis, and executive director at the Bank of England.
Additionally, Bailey was responsible for the bank’s special operations, from the onset of the financial crisis in August 2007. He was tasked to resolve most of the problems in the banking sector until April 2011. Additionally, he was the chairman and chief executive of Dunfermline Building Society Bridge Bank Ltd in 2009.
Moreover, Bailey became not only the chief executive of the new Prudential Regulation Authority from 1 April 2013 to June 2016 but also the first deputy governor of the Bank of England for Prudential Regulation. On 26 January 2016, Andrew Bailey took over Tracey McDermott’s position as CEO of the UK Financial Conduct Authority.
Andrew Bailey FCA
Initially, Andrew Bailey was not only the Deputy Governor for Prudential Regulation but also the CEO of the Prudential Regulation Authority. In July 2016, Bailey succeeded Tracey McDermott as the CEO of Financial Conduct Authority’s (FCA). Additionally, he is a member of the Prudential Regulation Committee and the Financial Policy Committee.
Moreover, he was previously a board member of the Prudential Regulation Authority and Bank of England.
Andrew Bailey Bank of England
On 20 December 2019, the Chancellor of the Bank of England announced Andrew Bailey as the new Governor of the Bank of England. Baily will begin his term on 16 March 2020.
Previously, Andrew has worked at the Bank in a number of areas, most recently as Executive Director for Banking Services and Chief Cashier, as well as Head of the Bank’s Special Resolution Unit (SRU). Previous roles include the Governor’s Private Secretary and Head of the International Economic Analysis Division in Monetary Analysis.
Andrew Bailey Speech
In line with accepting his position as governor at the Bank of England, Andrew gave the following appreciation speech; “It is a tremendous honor to be chosen as Governor of the Bank of England and to have the opportunity to serve the people of the United Kingdom, particularly at such a critical time for the nation as we leave the European Union.
The Bank has a very important job and, as Governor, I will continue the work that Mark Carney has done to ensure that it has the public interest at the heart of everything it does. It is important to me that the Bank continues to work for the public by maintaining monetary and financial stability and ensuring that financial institutions are safe and sound.
I am committed to ensure that the Bank is not only an open and diverse place to work but also an accessible and approachable institution. Additionally, I would like to pay tribute to my colleagues at the Financial Conduct Authority for their support during my time as Chief Executive and the excellent work they do.”
Bailey will be the 121st Governor to serve at the Bank of England.
FAQs About Andrew Bailey
Who is Andrew Bailey?
Andrew is a well-known Briton Banker.
How old is Andrew Bailey?
Bailey is 61 years of age in 2020, he is a Briton national born on 30 March 1959, in Leicester, England.
How tall is Andrew Bailey?
Andrew has not shared his height with the public. However, as soon as information about his height is available from a credible source, this segment will be updated promptly.
Is Andrew married?
Bailey married Cheryl Schonhardt and together they have two children. The couple resides in London England with their children.
How much is Andrew worth?
Andrew has not yet revealed his net worth. However, as soon as information about the wealth and properties under his name is available this part will be updated promptly.
How much does Andrew make?
Per our average wage estimates for a journalist in the United Kingdom, Bailey is expected to receive an annual salary of £61,875 that translates to an hourly average wage of between £29.74.
Where does Andrew live?
Because of security reasons, Andrew has not shared his precise location of residence. As soon as we have information about the location and images of his house we shall update this part promptly.
Is Bailey dead or alive?
Bailey is alive and in good health.
Where is Andrew now?
Andrew is pursuing his career in economics. He is the incumbent Governor of the Bank of England.
Andrew Social Media Contacts
- Instagram: N/A
- Twitter: N/A
- Facebook: N/A
- Youtube: N/A
- Tiktok: N/A
- Website: N/A
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