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Reserve Bank Assistant Governor Appointed


Reserve Bank Assistant Governor/Head of Economics Appointed

The Reserve Bank today announced the appointment of Mr Grant Spencer as Assistant Governor/Head of Economics.

Mr Spencer will be a key member of the Reserve Bank's policy making and senior management teams; with particular responsibility for the economic forecasting and analysis that forms the basis for monetary policy decisions.

Mr Spencer comes to the Reserve Bank with an extensive background in banking and financial policy. His current position is Head of Strategy and Business Development for ANZ Bank Group (NZ) Limited.

Mr Spencer will take up his appointment on 30 August 2004.

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