People: RBNZ’s Bascand takes new role; Lithuanian deputy reappointed

Geoff Bascand

New Zealand: Geoff Bascand has been appointed head of financial stability and deputy chief executive of the Reserve Bank of New Zealand (RBNZ).

Bascand is currently deputy governor and head of operations, a post he will remain in until September 27. He replaces Grant Spencer, who will take over as acting governor for six months when Graeme Wheeler steps down, before retiring.

Before joining the RBNZ in 2013, Bascand was government statistician and the chief executive of Statistics New Zealand

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