People: RBNZ continues reshuffle; Fed appoints payments leader

Mills to fill Bascand’s shoes at RBNZ; St Louis Fed vice-president to initiate faster payments project for US central bank; and more

Dave Sapenaro
Dave Sapenaro, the new strategy director for payments at the US Fed
Federal Reserve Bank of St Louis

New Zealand: Sean Mills, the Department of Corrections’ chief information officer, has been appointed the Reserve Bank of New Zealand’s (RBNZ) next assistant governor, as part of a wider reshuffle among the central bank’s senior management.

Mills is due to replace Geoff Bascand, who is moving to head up the central bank’s financial stability department on September 27, when Grant Spencer takes over as acting governor.

Governor Graeme Wheeler says in a statement that Mills is an “experienced

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