What should have been a promotion for a rising star in the United Kingdom’s banking world suddenly turned into her resignation letter when it was revealed that the candidate for one of the Bank of England’s top jobs forgot to obey the rules that she helped devise and declare that her brother was strategy director for one of the world’s biggest banks.
Charlotte Hogg, who took charge as deputy governor for Markets and Banking at the Bank of England on 1 March and had been chief operating officer since 2013, was forced to resign within two weeks of her appointment for breaching the organisation’s Code of Conduct, which she helped put together.
