Top banker Clementi takes BBC role

Former deputy governor of the Bank of England David Clementi has been named chairman of the board that will oversee the operations of UK public broadcaster the BBC.

David Clementi

Clementi will work with the 14-person unitary board to ensure the pubcaster’s royal charter, secured last year, is properly implemented.

Clementi wrote a report in 2016 recommending the scrapping of the BBC’s former governing body the BBC Trust, which has been replaced by the unitary board made up of staff and independent members.

UK media regulator Ofcom, meanwhile, will oversee the BBC’s content output from April.

The BBC Trust had been headed by chairwoman Rona Fairhead, who did not apply for the new role.