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Benjamin Robert Hamond Broadbent (born 1 February 1965) is a British
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
and has been Deputy Governor for Monetary Policy at the Bank of England since 1 July 2014. He had previously been an external member of the
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one ...
's
Monetary Policy Committee The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets for three and a half days, eight times a year, to decide the official interest rate in the United Kingdom (the Bank of England Base Rate). It is also respo ...
between June 2011 and June 2014.


Early life

He attended
St Paul's School, London St Paul's School is a Selective school, selective Private schools in the United Kingdom, independent day school (with limited boarding school, boarding) for boys aged 13–18, founded in 1509 by John Colet and located on a 43-acre site by Rive ...
from 1977 to 1982, gained a first-class honours degree in economics from
Trinity Hall, Cambridge Trinity Hall (formally The College or Hall of the Holy Trinity in the University of Cambridge, colloquially "Tit Hall" ) is a Colleges of the University of Cambridge, constituent college of the University of Cambridge. Founded in 1350, it is th ...
, in 1988, and then studied for a Ph.D. at
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
, where he was a
Fulbright Scholar The Fulbright Program, including the Fulbright–Hays Program, is one of several United States cultural exchange programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the peopl ...
.


Career

After working for
HM Treasury His Majesty's Treasury (HM Treasury or HMT), and informally referred to as the Treasury, is the Government of the United Kingdom’s economic and finance ministry. The Treasury is responsible for public spending, financial services policy, Tax ...
, he worked for the Bank of England, before becoming an assistant professor at
Columbia University Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...
. He joined
Goldman Sachs The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...
in 2000 as Senior European Economist, a position he held until 2011. In June 2011, he replaced the departing Andrew Sentance on the
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one ...
Monetary Policy Committee The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets for three and a half days, eight times a year, to decide the official interest rate in the United Kingdom (the Bank of England Base Rate). It is also respo ...
. Broadbent was reappointed, for a second term, Deputy Governor for the Bank of England on 31 May 2019.


References

1965 births Living people People educated at St Paul's School, London Alumni of Trinity Hall, Cambridge Harvard University alumni Columbia University staff British economists Goldman Sachs people {{UK-economist-stub