Former Virgin Money chief executive Dame Jayne-Anne Gadhia has passed the opportunity to join Bank of England financial policy committee, to instead head up the business of software giant Salesforce, which is planning to inject £2.05bn into its UK operations, in the next five years.
Gadhia would begin her new role on 1 October, though if she joined BoE, her appointment to the committee would have meant it had three woman members out of 13.
Gadhia in a CityAM report said, “I’ve admired Salesforce from afar for a long time. This is a different kind of business, with deeply held values and a true focus on transforming the experience of every customer through cutting edge technology.
“I’m looking forward to working with the team as we continue to invest and support Salesforce’s growing customer base in UKI.”
Gadhia, who has also worked for Royal Bank of Scotland, was recognised in the last New Year’s Honours list for her contribution to financial services and women in the finance industry.
Bank of England reportedly said, “We are of course sorry that Jayne-Anne Gadhia won’t be taking up her role as an external member on the Financial Policy Committee. We fully understand her decision and wish her well for the future.”
Salesforce co-chief executives Marc Benioff Keith Block in a statement said, “Jayne-Anne is one of the most respected CEOs in the UK and we are thrilled to welcome her to Salesforce.
“The UKI is our largest market outside the US and with Jayne-Anne’s leadership we are well positioned to move into the next stage of growth and success for Salesforce, our customers, partners and communities.”
