Salt Lake Telegram | 1944-04-06 | Page 1 | Bank of England Head Resigns

Bank of England Head Resigns LONDON April 6 UP Montagu fr-Montagu Montagu C. C Norman has resigned as governor governor governor gov gov- of the Bank of England on advice of physicians Lord Catto financial adviser to the treasury has been chosen successor the bank announced Thursday Norman one of the worlds world's foremost foremost foremost fore fore- most figures in finance had been governor of the bank for 24 years He will surrender his office at atthe atthe atthe the end of his present term this month The selection of Lord Catto Catto Catto Cat Cat- to will be confirmed at an election election election elec elec- tion April 18 Norm Normans Norman's ns n's 24 years as governor of the bank far exceeds that of any predecessor In the years of the banks bank's history no other governor served more than five years