A senior financier and top academic have won places on the Prudential Regulation Committee at the Bank of England, overseeing banks and financial markets.
Julia Black, a professor at the London School of Economics, and Jill May, an investment banker with 24 years of experience at SG Warburg and UBS, will each serve a three-year term on the PRC.
Their appointments, made by the Treasury, represent a victory for efforts to increase diversity at the top of the Bank.
