Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Bankers’ Association congratulates new Reserve Bank Governor

Bankers’ Association congratulates new Reserve Bank Governor

The New Zealand Bankers’ Association today congratulated Adrian Orr on his appointment as the next Governor of the Reserve Bank of New Zealand.

“New Zealand is lucky that we have someone of the calibre of Mr Orr available and willing to do this job. He is extremely capable and at the same time grounded in the real issues that matter to New Zealanders.

“He is very well thought of within the worlds of economics and finance within New Zealand, and in his most recent role as CEO of the New Zealand Superannuation Fund led that organisation to a position of respect among global sovereign wealth funds which was out of all proportion to its size,” says New Zealand Bankers’ Association Chair and Westpac Chief Executive David McLean.

“We are delighted to see someone of Adrian Orr’s standing and experience appointed as the next Reserve Bank Governor. We look forward to working with him when he takes up the role,” says New Zealand Bankers’ Association Chief Executive Karen Scott-Howman.

Adrian Orr will take up the role of Reserve Bank Governor on 27 March 2018.

“I’d like to take the opportunity to thank Grant Spencer for his long service at the Reserve Bank, both as Deputy Governor and currently as Acting Governor,” says Scott-Howman.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

BusinessDesk: Body massages and Uber are in, DVDs are out, says Stats NZ

Statistics New Zealand has rejigged the consumers price index basket in its latest three-year review, adding body massages, Airbnb and Uber and removing DVD and Blu-Ray players…More>>

ALSO:


StuffMe: Commerce Commission Welcomes Dismissal Of Merger Appeal

In a summary of their judgment released today, Justice Dobson and lay member Professor Martin Richardson dismissed the appellants’ process criticisms and found the Commission was entitled to place significant weight on the prospect of reduced quality of the products produced by the merged entity. More>>

ALSO:

Digital Futures: New Chief Technology Officer Role Created

Communications Minister Clare Curran has called for expressions of interest for the new role of Chief Technology Officer position to help drive a forward-looking digital agenda for New Zealand. More>>

Real Estate: NZ house sales slump in December but prices still firm

The number of property sales across New Zealand slumped 10 percent in December from a year earlier but prices continued to lift, according to the Real Estate Institute. More >>

ALSO:


Dry: Beef + Lamb Launches Drought Resources

The resources include a fact sheet outlining strategies to manage and mitigate the effects of drought, coping with stress on the farm and advice on feed requirements and animal welfare during the dry period. More>>

ALSO:

InternetNZ: Net Neutrality Failure In US "Will Hurt All Users"

InternetNZ Chief Executive Jordan Carter has condemned the decision by the United States communications regulator to undo 2015 open Internet rules, warning that all Internet users will end up worse off as a result. More>>

ALSO: