Redell heads RBNZ financial markets department

Michael Reddell is the new chief manager of the Reserve Bank of New Zealand's Financial Market Department. He replaces David Archer, who was recently appointed to the position of chief manager of the Economics Department. Reddell joined the RBNZ in 1983 as an economist and moved up through the ranks of the Economics department. From 1993-95 he was on secondment at the Bank of Zambia. He returned to the Reserve Bank in 1995, joining the Financial Markets Department.