Algebris Investments appoints former Bank of England deputy governor as chair

Algebris Investments has named former Bank of England deputy governor Sir Jon Cunliffe as chair and non-executive director.

Cunliffe was deputy governor of the Bank of England with responsibility for financial stability for a decade between 2013 to 2023. He also sat on the BoE’s Court of Directors, the Financial Policy Committee, the Monetary Policy Committee and the board of the Prudential Regulation Authority.

Before joining the central bank, he was the UK permanent representative to the European Union.

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At Algebris, Cunliffe will support the firm’s UK strategy and the long-term growth of the Algebris Investments Group.

Davide Serra, founder and CEO of Algebris Investments, commented: “Sir Jon’s appointment further strengthens our governance framework and board leadership. We are delighted to welcome him and look forward to working together to support Algebris’ continued growth and long-term value creation.”

Alex Lasagna, deputy CEO of Algebris Investments, added: “Growing our presence in the UK is a strategic priority for Algebris. Sir Jon’s experience and knowledge of this market will prove invaluable as we continue to develop our offering for UK clients and strengthen our position in the region.”