RBNZ Press Release, 3 Mar

PRESS RELEASE - Reserve Bank personnel changes - The Reserve Bank today announced two impending changes in the Bank's senior management team.

Source: RBNZ

These were, firstly, the appointment of Mr Adrian Orr as Head of the Bank's new Financial Stability Department. Mr Orr will also carry the title of Assistant Governor.

Mr Orr was the Manager of the Reserve Bank's Economics Department from 1997 to 2000 and is currently Chief Economist and Head of Government Business at Westpac.

The Financial Sta