Video: Analyst: Mark Carney's appointment as BoE governor a 'huge surprise' "It's a huge surprise, you know, we'd looked at the shortlist and Marc Carney had fallen off it some time ago, we knew that the Treasury had been keen to get him a while back but we all but thought he'd ruled himself out so it's certainly a high profile appointment for the chancellor but a big surprise," said Victoria Clarke, an economist at Investec. You know we all thought that the chancellor would have an inclination to try and shake things up at the Bank of England. We just had the three reviews through suggesting steps forward and things like forecasting and also in the way that the bank works and perhaps this is another sign there that he means business. He appoints a very outside, independent Bank of England Governor and hopefully shakes things up a bit and gets the Bank of England perhaps thinking in a slightly more radical way about the way it does business," she added. He will serve a five-year term, rather than the eight-year term that had been expected for the next BoE governor.