Sebastian Walsh has been appointed as head of Leeds at the Bank of England.
Walsh will help deliver the bank’s plans for a more significant presence in the city, responsible for its growing operation in Leeds.
Alongside the regional agency network, he will support engagement with stakeholders across the North of England.
This followed the Bank of England’s commitment to have at least 500 staff based in Leeds by 2027.
The headcount target will be achieved through a combination of voluntary internal relocations and new Leeds-based recruitment.
Walsh currently holds the position of secretary of the bank and will continue in that role, reporting to governor Andrew Bailey.
He will take up the additional head of Leeds responsibilities later this year following his relocation.
Bailey said: “I’m delighted that Sebastian Walsh will be taking on the Head of Leeds role, which will help deliver our ambitious plans for the Bank of England site in Leeds.
“Sebastian brings considerable experience to the role, and is ideally placed to act as an ambassador for this important work and help ensure we serve and represent people across the UK.”
Walsh said: “I am thrilled to be taking on this role.
“The Bank of England serves all the people of the United Kingdom, and our growing presence outside of London reflects that commitment.
“I am looking forward to working closely with our stakeholders in Leeds and across the North of England to ensure our Leeds office plays its part in delivering the Bank’s mission to maintain monetary and financial stability.”
