RBNZ appoints Spencer assistant governor

The Reserve Bank of New Zealand announced on 4 August the appointment of Grant Spencer as Assistant Governor/Head of Economics.

Mr Spencer will be a key member of the Reserve Bank's policy making and senior management teams; with particular responsibility for the economic forecasting and analysis that forms the basis for monetary policy decisions.

This will be his third stint at the central bank, having started in 1976. He became manager of the economics department in 1985 and later left for a