Montagu Norman, 1st Baron Norman
Governor of the Bank of England / From Wikipedia, the free encyclopedia
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Montagu Collet Norman, 1st Baron Norman DSO PC (6 September 1871 – 4 February 1950) was an English banker, best known for his role as the Governor of the Bank of England from 1920 to 1944.
The Lord Norman | |
---|---|
Governor of the Bank of England | |
In office 1920–1944 | |
Preceded by | Sir Brien Cokayne |
Succeeded by | The Lord Catto |
Member of the House of Lords Lord Temporal | |
In office 1944 – 4 February 1950 Hereditary Peerage | |
Preceded by | Peerage created |
Succeeded by | None |
Personal details | |
Born | Montagu Collet Norman (1871-09-06)6 September 1871 Kensington, London, England |
Died | 4 February 1950(1950-02-04) (aged 78) Campden Hill, London, England |
Spouse | |
Profession | Banker |
Norman led the bank during the toughest period in modern British economic history and was noted for his somewhat raffish character and arty appearance. A very influential figure, Norman, according to The Wall Street Journal, was referred to as "the currency dictator of Europe", a fact which he himself admitted to, before the Court of the Bank on 21 March 1930.[1] The economist and Court member John Maynard Keynes said of him: "Montagu Norman, always absolutely charming, always absolutely wrong".[2]