Andrew Bailey
Andrew Bailey is the Governor of the Bank of England, a position he has held since 16 March 2020, with his term running through 15 March 2028. He previously served as Chief Executive of the Financial Conduct Authority from 2016 to 2020 and as Deputy Governor of the Bank of England for Prudential Regulation from 2013 to 2016. In his current role, he has warned G20 finance ministers that frontier AI models pose risks to global financial stability through potential cyber-disruption.
“Bank of England head Andrew Bailey warned G20 finance officials that frontier AI could destabilize the global financial system by accelerating cyberattacks and amplifying market shocks, especially as high valuations and leverage leave markets vulnerable to a sharp correction”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.