Charlotte Hogg

The Honourable
Charlotte Hogg
Chief Operating Officer of the Bank of England
Assumed office
1 July 2013
Governor Mark Carney
Personal details
Born (1970-08-26) 26 August 1970
London, England
Citizenship United Kingdom
Spouse(s) Steve Sacks (m. 1999)
Children Two
Parents Douglas Hogg and Sarah Hogg
Education St Mary's School, Ascot
Alma mater Hertford College, Oxford
Harvard University

Charlotte Mary Hogg (born 26 August 1970) is a British economist. Since 2013, she has been the Chief Operating Officer of the Bank of England. She has previously worked for McKinsey & Company, Morgan Stanley and Discover Financial Services in the United States, and Experian and Santander UK in Great Britain.

Early life

Hogg was born on 26 August 1970 in London, England.[1] Both her parents hold peerages in their own right: her father is the 3rd Viscount Hailsham, a former Member of Parliament and hereditary peer, and her mother is the Baroness Hogg, a life peer.[2] She was brought up on the family estate of Kettlethorpe Hall in Kettlethorpe, Lincolnshire.[3]

She was educated at St Mary's School, an all-girls independent school in Ascot, Berkshire.[1] She studied economics and history at Hertford College, Oxford and graduated from the University of Oxford with a Bachelor of Arts (BA) degree.[1][4] From 1991 to 1992, having been selected as a Kennedy Scholar, she undertook further study at Harvard University.[1][3]

Career

Hogg began her career at the Bank of England as a graduate trainee from 1992 to 1994.[3][4] From 1994 to 2001, she worked for McKinsey & Company in Washington, D.C., United States. She then moved to Morgan Stanley where she was Managing Director for Strategy and Planning between 2001 and 2007.[1][4] From 2007 to 2008, she worked for the Morgan Stanley spin-off, Discover Financial Services.[1]

In 2008, she returned to the United Kingdom to join Experian and was appointed a Managing Director with responsibility for the UK and Ireland operations.[1][2] She moved to Santander UK in September 2011 as head of high street operations.[2][3] In 2012, she earned £2.5  million.[3]

In June 2013, she was selected as the Bank of England's first Chief Operating Officer (COO).[2][5] She took up the appointment on 1 July 2013.[4] She is the most senior female employee in the bank's history,[2] and is effectively the deputy to the Governor of the Bank of England.[3][6] She is responsible for the day-to-day management of the bank, including human resources, finance, property, IT, and security. As COO, she has the same status and receives the same remuneration as a Deputy Governor.[5]

Personal life

In 1999, Hogg married Steve Sacks. Together they have two children.[6]

References

  1. 1 2 3 4 5 6 7 "HOGG, Hon. Charlotte Mary". Who's Who 2015. Oxford University Press. November 2014. Retrieved 26 August 2015.
  2. 1 2 3 4 5 Neate, Rupert (18 June 2013). "Bank of England appoints woman as first chief operating officer". The Guardian. Retrieved 26 August 2015.
  3. 1 2 3 4 5 6 "Charlotte Hogg in the limelight: daughter of Tory dynasty is the new number two at Bank of England". The London Evening Standard. 19 June 2013. Retrieved 26 August 2015.
  4. 1 2 3 4 "Charlotte Hogg - Chief Operating Officer". Bank of England. Retrieved 26 August 2015.
  5. 1 2 "News Release - Appointment of Chief Operating Officer". Bank of England. 18 June 2013. Retrieved 26 August 2015.
  6. 1 2 Neate, Rupert (20 June 2013). "Charlotte Hogg: Threadneedle Street's new face can bank on her connections". The Guardian. Retrieved 26 August 2015.
Business positions
New title Chief Operating Officer of the Bank of England
2013 to present 		Incumbent
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