One of the UK’s oldest charities, The Royal Society for Arts, Manufacturers and Commerce (RSA), has recruited the Bank of England’s chief economist Andy Haldane as its next chief executive.

Haldane, who is also a co-founder of the charity think rank Pro Bono Economics, joins the RSA after more than 30 years at the Bank of England, where he is a member of its Monetary Policy Committee and has been chief economist since 2014.

He takes over from Matthew Taylor, who announced he was leaving the role in December.

His previous roles at the Bank have included a stint as executive director of financial stability and a member of its financial policy committee.

In 2014 he was named by Time magazine as one of the world’s 100 most influential people.

The RSA was founded in 1754 and its president is Princess Anne.

“For more than 250 years, the RSA has been creating a sense of wonder about the world – and then, through its actions, changing the world by creating new wonders,” said Haldane.

“That task has never been more important than now. I am looking forward to working with trustees, staff, Fellows and partners to help write the next chapter in the RSA’s illustrious history, delivering the lasting change its role requires and our societies deserve.”

RSA chair Tim Eyles added: “Andy’s extraordinary accomplishments — in his thirty years at the Bank of England, in economic policymaking and academia, in his commitment to people leadership and diversity, equity and inclusion, and in building bridges between experts and citizens, government, business and the third sector — all make him ideally placed to lead the RSA at this critical juncture.”

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