Chief Cashier of the Bank of England

The Chief Cashier of the Bank of England is the person responsible for issuing banknotes at the Bank of England and is the director of the divisions which provide the Bank of England's banking infrastructure. This person is known to the general public because since 1870 the Chief Cashier's signature is printed on all bank notes issued by the Bank of England. In 2004 a new post was created, Executive Director of Banking & Chief Cashier, incorporating the title. The post is currently held by Sarah John who was appointed in June 2018. She is the 33rd Chief Cashier since the Bank was founded in 1694. Responsibilities The position has the following responsibilities: The security and effective operation of real-time gross settlement in the UK’s high value payment systems (CHAPS and CREST). Along with the Bank’s Sterling Markets Division they are also responsible for the provision of liquidity to the market and settlement banks. The issuing and effective distribution of banknotes and their security against counterfeiting. The provision of banking services, focusing on high-value government banking. The Executive Director Banking & Chief Cashier is a member of the Governor’s Executive Team which is the Bank’s senior management group.