Mark Carney's Political Rise: From Banker to Canadian Prime Minister

Former central banker Mark Carney has been elected as Canada's new prime minister after winning a decisive Liberal Party leadership vote. With a background in global banking and economics, Carney transitions from a storied financial career to head of government, despite lacking prior political experience.

Former central banker Mark Carney has been chosen as Canada's new prime minister following a landslide vote in the Liberal Party leadership race. At 59, Carney steps into politics with a wealth of experience from his prestigious banking career.

Carney's credentials include leading the Bank of Canada from 2008 to 2013 and serving as governor of the Bank of England until 2020. Notably, he was the first non-Brit to hold the position since its inception in 1694. In 2020, he was enlisted as the United Nations' special envoy for climate action and finance, and he previously worked for Goldman Sachs for over a decade.

Despite his lack of direct political background, Carney's strong banking and economic expertise could bolster his tenure as prime minister. Recent polls indicate a tightening race, with Carney's Liberal Party gaining ground against the Conservatives.

(With inputs from agencies.)