Son of ex-Bank of England governor to head UK gov body

The son of a former Bank of England governor has been appointed chief executive of the body that manages government stakes in the Royal Bank of Scotland and Lloyds Banking Group.
James Leigh-Pemberton, currently UK head of Credit Suisse, will head UK Financial Investments (UKFI), the body created in November 2008 as part of the UK’s response to the financial crisis. He is the son of Robin Leigh-Pemberton, who was Bank of England governor for a decade until 1993.