Old Lady appoints Freshfields veteran as legal head
The Bank of England has appointed Freshfields Bruckhaus Deringer veteran Graham Nicholson as its new chief legal adviser.Nicholson, an M&A partner with the leading City law firm, will also take on the role of adviser to the governor of the Bank of England, Mervyn King. He will officially take up the post on 1 January, 2009.Nicholson replaces Juliet Wheldon, who has been in the post since August 2006. He becomes the second Freshfields partner to take up the position following Peter Peddie, who was in the role from 2002 to 2006.The appointment of one of Freshfields' most experienced financial services partners at a time when the Bank of England is wrestling with unprecedented turmoil in the global credit markets will be seen as highly symbolic.
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