Reserve Bank of New Zealand Press Release

PRESS RELEASE - New RBNZ senior manager to be sought, 13 December.

The Reserve Bank will be advertising shortly for a new position in its senior management team.

Reserve Bank Deputy Governor Rod Carr commented "The recent appointment of the Bank's Financial Markets Department Head Michael Reddell to a position offshore has presented the Bank with an opportunity to refocus some of its activities.

"To that end, the Reserve Bank has decided to amalgamate its Financial Markets and Banking System Dep