John Fforde
John Standish Fforde was a British economist who was active in the Bank of England between 1957 and 1984. As Chief Cashier between 1966 and 1970, his signature appeared on British Bank Notes. After retirement he became the Bank of England's official Historian, and wrote The Bank of England And Public Policy, which covered the years 1941 to 1958.
Early life and education
Fforde was born at Broadstone, Dorset, fourth of five children of farmer and civil engineer Francis Creswell Fforde, of Lurgan, County Armagh, Ireland, and his first wife, Agnes Cecily. He was educated at Rossall School before going up to Christ Church, Oxford. Volunteering for war service in 1940, he joined the RAF and from 1941 - 1943 was based in Canada as a flying instructor for the British Commonwealth Air Training Plan and in 1943 converted on to heavy bombers to fly the Consolidated B-24 Liberator and was posted to No. 358 Squadron RAF for the South East Asia Command based out of Jessore. Returning to Oxford post war he took first-class honours in Philosophy, Politics and Economics in 1949, subsequently taking the promotion to MA having spent the requisite time as a member of the university.Career
Posts held
- Prime Minister's Statistical Branch 1951–1953
- Fellow, Nuffield College, Oxford 1953–1956
- Staff, Bank of England 1957–1984
- Deputy Chief, Central Banking Information Department 1959–1964
- Adviser to the Governors 1964–1966, 1982–1984
- Chief Cashier 1966–1970
- Executive Director 1970–1982
- Official historian to the Bank of England, 1984–1992
Publications
- The Federal Reserve System, 1945–49