Browne is currently head of government relations for Morgan Stanley for Europe, Middle East and Africa. He was previously mayoral policy director for Boris Johnson.
Browne will take up his appointment on 1 September 2012.
Browne said: “It will be an honour to lead the BBA, helping to resolve the complex issues still surrounding banking five years after the start of the financial crisis. We need to continue to lead on reform, ensuring the banking sector meets the needs and expectations of our customers and shareholders, and can play its pivotal role in returning the UK to economic growth.
“In a time of change and uncertainty, the BBA has a critically important mission to ensure the banking sector returns to health, remains in Britain, and has the trust of the public and politicians.”
Knight added: “I am delighted that Anthony is to be the new chief executive of the BBA. He is well known to the staff and many of the members and are really looking forward to his taking up the role.”
