UK begins search for new Bank of England governor

MyArkLaMiss.com | April 24, 2019

UK begins search for new Bank of England governor
The British government on Wednesday kick-started the process to appoint the successor to Mark Carney as governor of the Bank of England, and indicated it was not limiting its search to British candidates. Carney, a Canadian who in July 2013 became the first foreigner to head the Bank of England, has said he is standing down from his role at the end of January 2020. Carney has already extended his departure on two occasions in order to deal with the aftermath of the country's vote in June 2016 to leave the European Union. The Treasury said it is using a specialist executive search agency and said Carney's replacement should be announced in the autumn. Treasury chief Philip Hammond told a committee of lawmakers that his preference is that Carney's replacement will serve an eight-year term as has been the case traditionally.

Spotlight

Federal Budget 2019 is set to be tabled by Finance Minister Bill Morneau on March 19, 2019. We were curious (aren’t we always?) and wanted to better understand what the charitable sector wants and needs from the upcoming Federal Budget.

Related News

BAE Systems Continues to Develop Cross-Domain Solutions That Allow Secure Transfer of Sensitive Information between Government Networks

BAE Systems | August 13, 2020

The U.S. Air Force Research Laboratory (AFRL) has awarded BAE Systems a five-year $85 million contract1 to continue to develop, deploy, modernize, and maintain cross-domain solutions that allow for secure transfer of sensitive information between government networks. The work on the contract will enable the secure exchange of data—including streaming video, images and audio—to enhance mission collaboration. BAE Systems will also provide research, development, and evaluation of new technologies, including the integration of innovative artificial intelligence and machine learning capabilities.

Read More

Google Cloud and Simple Technology Announces Working With U.S. Navy to Modernize Maintenance and Repairs Inspection Process

Google Cloud | August 31, 2020

Google Cloud and Simple Technology Solutions (STS)—a Google Cloud partner and small business specializing in multi-cloud solutions for the federal government—today announced they are working with the U.S. Navy to modernize the maintenance and repairs inspection process for Navy vessels and facilities. STS will use Google Cloud artificial intelligence (AI) and machine learning (ML) technologies on inspection drone-captured images to detect, prioritize, and predict its maintenance needs. The work was awarded to STS as a Phase I Small Business Innovation Research project due to the technology innovation and potential for commercialization.

Read More

GOVERNMENT BUSINESS

OpenGov Acquires ProcureNow the Leading Government Procurement Software

OpenGov | June 24, 2021

OpenGov, the market leader in modern cloud ERP software for our nation's cities, counties, and state agencies, today announced the acquisition of ProcureNow, the industry's fastest-growing, top multi-tenant SaaS software provider for government procurement and contract management. ProcureNow, like OpenGov, allows government leaders to serve stakeholders with the most effective solutions intended to simplify critical processes, enable data-driven choices, and openly communicate outcomes. OpenGov, in collaboration with ProcureNow's full lifecycle procurement management software, which includes powerful solicitation and contract development automation, continues to power governments' most strategic processes: budgeting and planning, citizen services, financial management, reporting and transparency, and, now, procurement – all in the cloud. Procurement significantly impacts a government's ability to meet strategic objectives such as budget accountability, spend control, supplier diversity, economic growth, and citizen experience. It is becoming more critical in allowing remote work and investments related to the American Rescue Plan Act and the Coronavirus Aid, Relief, and Economic Security Act. By incorporating this necessary solution into the OpenGov ERP Cloud, the merged company is better positioned to fulfill the modernization requirements of the nation's most forward-thinking administrators, finance, and community development professionals. About OpenGov OpenGov is the market leader in delivering modern cloud software to our nation's state and local governments to enable more effective and accountable governance. OpenGov solutions, designed specifically for the public sector's unique budgeting, financial, and community development requirements, assist our more than 1,000 clients in planning effectively, increasing efficiency, and improving participation through better collaboration and transparency. About ProcureNow ProcureNow, based in San Francisco, is a recognized small business to transform efficiency and innovation in local government by providing a complete toolkit for creating and sourcing government RFPs and bids. ProcureNow's Government Procurement Automation Cloud connects governments and local businesses through technology that enables more suppliers to confidently read, understand, and react to complicated government bids.

Read More

Spotlight

Federal Budget 2019 is set to be tabled by Finance Minister Bill Morneau on March 19, 2019. We were curious (aren’t we always?) and wanted to better understand what the charitable sector wants and needs from the upcoming Federal Budget.