The Bank of England said Charlotte Hogg had resigned as its deputy governor for banking and markets and as its chief operating officer after she failed to declare a potential conflict of interest about her brother’s role at Barclays.
“While I fully respect her decision taken in accordance with her view of what was the best for this institution, I deeply regret that Charlotte Hogg has chosen to resign from the Bank of England,” BoE Governor Mark Carney said in a statement.
Earlier on Tuesday, a committee of lawmakers said Hogg could no longer be considered suitable for her role.
