Fisher being readied to take over from Tucker The path from executive director of markets to deputy governor was the one taken by Mr Tucker when he was promoted in March 2009. Also like Mr Tucker, Mr Fisher is on the rate-setting Monetary Policy Committee as well as the Financial Policy Committee and has been a principle private secretary to a former Bank governor. Even if Mr Fisher, 54, is the Bank's preferred candidate, he will face stiff opposition from outsiders as the position will be advertised publicly and the appointment made by the Chancellor. The final decision will be influenced by whoever gets the top job, with government sources saying that they would want to ensure a balance of skills and experience in the Bank. Before Mr Tucker, the role was awarded to Sir John Gieve, who was permanent secretary at the Home Office. Before Sir John, it had gone to former Barclays deputy chairman Sir Andrew Large. However, the prospect of a banker being parachuted into the role has diminished since the financial crisis and, more recently, the Libor-rigging scandal. Potential City candidates still include Lord Green, the former HSBC chairman who is now trade minister. The Treasury and the Bank declined to comment.