UK central bank’s Shafik to speak at Hume Institute

The Edinburgh-based David Hume Institute has announced that Nemat Shafik, one of the most influential women in global finance, will speak at its 30th anniversary dinner at Edinburgh’s George Hotel on September 22.

Shafik is a deputy governor of the Bank of England, the UK’s central bank, where she is responsible for reshaping the bank’s operations and balance sheet, including an eventual exit from the BoE’s controversial £350 billion “quantitative easing” bond-buying stimulus programme.

Shafik was the youngest ever vice president of the World Bank at the age of 36 and was a deputy managing director of the International Monetary Fund (IMF) from 2011 to 2014 where she was responsible for the IMF’s work in Europe and the Middle East as well as the IMF’s $1 billion administrative budget.

Shafik is jointly responsible for the Bank of England’s international surveillance, analysis and engagement, representing the central bank in international institutions.

About the Author

Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.