You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Canadian to head Bank of England

First foreigner to hold that post

LONDON — In a surprising departure from convention, the British government selected Mark Carney, the head of the Canadian central bank, to succeed Mervyn King as the next governor of the Bank of England on Monday.

The appointment ended a months-long process in which some of Britain’s most prominent public officials vied for a post that will come with sharply enhanced powers.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week