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Alumnus' signature will become the most collectable in the country

3 November 2011

Chris Salmon (BSc 1990) is Executive Director, and Banking & Chief Cashier for the Bank of England. This week the new £50 note was issued and features Mr Salmon's signature, which without it, the bank note would not be legal tender.

"The signature of a former Bristol University student is about to become the most collectable in the country," reports the Bristol Evening Post.

Chris Salmon (BSc 1990) is Executive Director, and Banking & Chief Cashier for the Bank of England. This week the new £50 note was issued and features Mr Salmon's signature, without which the bank note would not be legal tender.

Salmon was appointed to his current role from 1 April 2011 and has several key responsibilities: the security and effective operation of real time gross settlement in the UK’s high value payment systems (CHAPS and CREST); along with the Bank’s Sterling Markets Division he is also responsible for the provision of liquidity to the market and settlement banks; the issuing and effective distribution of banknotes and their security against counterfeiting;  and the provision of banking services, focusing on high-value government banking.

Chris ran the Bank’s Sterling Markets Division for two years before being appointed to his current role, with responsibility for the implementation of the Bank’s monetary and financial stability market operations, including the Quantitative Easing programme. Prior to that, he was the Governor’s Private Secretary during a period dominated by the financial crisis that began in August 2007. If you'd like to know more information please visit the Bank of England website.

Salmon speaks to the Bristol Evening Post:

"As well as a first for our banknote art and being the first to bear my signature, the new £50 will deliver a significant update in security features, carrying eight features for cash users compared to the five of its predecessor."