RBNZ Board chair elected

Alison PatersonThe Reserve Bank of New Zealand's Board of Directors elected Dr Arthur Grimes as its chair on 18 September. The Board also elected Mrs Alison Paterson as the Board's Deputy Chair.

Source: RBNZ

The Reserve Bank's Board of Directors has today elected Dr Arthur Grimes as its chair.

This follows the recent passage of the Reserve Bank of New Zealand Amendment Act 2003 which requires that the Bank's chair be a non-executive director. Previously the Governor chaired the Board.

The Board a