Wilkins will bring over 20 years of experience with her, most recently she worked at the Bank of Canada as senior deputy governor.
Her appointment fills the external position previously held by Donald Kohn, who stepped down from the committee at the end of March 2021.
Rishi Sunak, the chancellor of the exchequer, said: “I want to thank Donald Kohn for his tremendous contribution to the FPC’s work over the past ten years.
“I am pleased to appoint Carolyn Wilkins to the committee – Carolyn has a respected track record built over 20 years at the Bank of Canada and her extensive experience in international financial regulation will be a real asset to the FPC.”
Andrew Bailey, The governor of the Bank of England, added: “[Wilkins] senior leadership positions at the Bank of Canada, most recently helping drive the Bank’s response to the Covid-19 crisis, and extensive knowledge of the global financial system, means she will bring fresh analysis and valuable input to the Committee’s deliberations.”