John Gieve

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Sir (Edward) John Watson Gieve KCB (born 20 February 1950) is Deputy Governor for Financial Stability of the Bank of England and an ex officio member of the Monetary Policy Committee.

John Gieve was educated at Charterhouse School and New College, Oxford (BA, PPE; MPhil, Philosophy). He joined the Civil Service in 1974 and has served in a number of departments. Privately Sir John Gieve is known as a keen cyclist, footballer and golfer. He is also a loyal supporter of Arsenal Football Club. He is married with two sons. His wife Katherineis an expert lawyer regarding child abuse cases. In 1999 he was made a CB.

He was Permanent Secretary (officially titled the Permanent Under-Secretary of State) in the Home Office from 2001 to 2005.

The Home Office is responsible for law and order, including prisons, police and MI5. It has both an administrative and a political head. The Permanent Secretary is a civil servant and is the administrative head of the department. He is in charge of the department’s administrative functions and its civil servants. The rank of Permanent Secretary is the second highest in the civil service. The political head is appointed by the Prime Minister and is referred to as the Home Secretary. During John Gieve’s period at the home office there were three Home secretaries; Jack Straw (2001), David Blunkett (2001- 2004) and Charles Clarke (2004 - 2006). Blunkett was obliged to resign from government after a scandal involving accusations of abuse of his official position and misuse of government funds. Gieve was alleged to have been implicated in the events leading to Blunkett’s resignation.

On the 31st January 2006 the UK National Audit Office [NAO] published a report [http://www.nao.org.uk/publications/nao_reports/chronindex.asp?type=account Home Office: 2004-05 Resource Account which was critical of the Home Office’s accounts.

With effect from January 2006 Sir John Gieve was appointed as the new Deputy Governor for Financial Stability of the Bank of England. The appointment is for a five year term and carries with it membership of the Monetary Policy Committee.


Preceded by:
Sir David Omand
Permanent Secretary of the Home Office
2001-2005
Succeeded by:
Sir David Normington
The Bank of England's Monetary Policy Committee
Governor: Mervyn King (June 2003–present)
February 2006-March 2006: King | Nickell | Bean | Barker | Tucker | Lambert | Lomax | Walton | Gieve
April 2006-May 2006: King | Nickell | Bean | Barker | Tucker | Lomax | Walton | Gieve
June 2006: King | Bean | Barker | Tucker | Lomax | Walton | Gieve | Blanchflower
July-August 2006: King | Bean | Barker | Tucker | Lomax | Gieve | Blanchflower