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Global Perspectives & LeisureWork & Careers

Women Are Now Steering the Nerve Centres of Global Finance as Afua Kyei Tops UK Power List

Bank of England CFO Afua Kyei’s rise signals a structural shift in who commands the institutions that govern markets and economic policy

Women Are Now Steering the Nerve Centres of Global Finance as Afua Kyei Tops UK Power List
Bank of England Chief Financial Officer Afua Kyei
Isaac Kofi Tsoenamawu
Oct 28, 2025

Women are moving into the command rooms of the world’s financial and policy systems, a shift reflected in the selection of Bank of England Chief Financial Officer Afua Kyei as the UK’s most influential Black person for 2025.

Kyei, who oversees balance-sheet strategy, capital planning and financial governance at the Bank, topped the annual Powerlist, which recognises Black figures shaping national institutions. Her role places her at the heart of decisions that affect market confidence, risk posture and system stability within one of the world’s most scrutinised central banks.

She joined the Bank in 2019, a period defined by post-pandemic balance-sheet pressure, policy tightening and heightened scrutiny of central bank governance. Her position carries direct influence over internal controls, capital frameworks and financial resilience, areas that feed into institutional credibility and the transmission of monetary signals.

Within business and governance circles, the Powerlist recognition is being read as more than symbolic. Diversity at the top of economic decision-making is increasingly treated as a variable of governance quality, competitiveness and legitimacy, with investors and regulators drawing links between who governs and how institutions behave in stress.

Kyei’s rise places the Bank of England among a cohort of global economic authorities, where women now sit at or near ultimate control of capital regulation, macro-prudential policy and economic rule-setting. It is viewed less as an isolated promotion than as part of a structural re-ordering of who exercises authority over economic outcomes.

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Her trajectory combines private-sector and policy exposure. During the global financial crisis she worked in investment banking before moving to Barclays, where she served as Chief Financial Officer for Mortgages. Educated in chemistry at Oxford and Princeton, she began her career in the private sector before entering public-sector finance. Born in London to Ghanaian parents, her mother a long-serving NHS professional and her father later a founder of the Ghana National Petroleum Corporation. She told the BBC that her parents have been her strongest role models.

Her selection adds to growing evidence that women are no longer adjacent to financial leadership, they are shaping the operating core of the world’s economic architecture.

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