Minouche Shafik became Deputy Governor of the Bank of England on 1 August 2014 and is responsible for almost 500 people in Markets and Banking. She is jointly responsible for the Bank’s international surveillance, analysis and engagement.
An internal BAME review, sponsored by Minouche, was launched in December 2014 by the Bank of Englands Chief Economist and the then Chief Information Officer. Some of the outcomes of the BAME review in the 12 months include the introduction of Unconscious bias training for all line managers within the Bank that manage three or more people, and the introduction of a reciprocal mentoring scheme called Building Bridges which launched in October 2015 to offer all BAME staff with a Head of Department sponsor with the intention of raising BAME awareness and increasing BAME opportunity across the Bank.
Previously, Minouche has sat on the Board for the Minority Ethnic Talent Association and acted as a mentor to the organisation which supports under-represented groups to advance to senior positions in the civil service. She continues to be highly visible externally to The Bank and is a regular speaker and panellist at industry events.