The Bank of England's Executive Director for Communications, Nils Blythe, has decided to leave the Bank in mid-July. He plans to take a break in his career over the summer and will be setting up a communications consultancy later in the year. He will act as a consultant to the Bank of England on communications issues.
Nils Blythe said: "I have hugely enjoyed working at the Bank of England for the last three years. In that time the Communications Directorate has expanded to match the Bank's wide-ranging new responsibilities and has played a key role in the transition to new leadership of the organisation.
"It has been a pleasure to work with such talented and dedicated colleagues at the Bank. I am now looking forward to a long summer break, setting up my own communications consultancy in the autumn and a continued association with the Bank of England."
Mark Carney said "I am extremely grateful to Nils for his advice and assistance to me during the transition to, and first year of, my term as Governor. He has made an enormous contribution to the Bank over the past three years and during that period has successfully transformed the Bank's communications function to serve the Bank's greatly expanded range of responsibilities and powers. I and my fellow Governors wish Nils every success with the next phase of his career.
"I am also grateful that Nils raised this possibility with me some months ago and that Jenny Scott has agreed to succeed him in the post of Executive Director, Communications."