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Reserve Bank board appointment

Reserve Bank board appointment

Rt Hon Ted Thomas, DCNZM, QC, has been appointed a non-executive director of the Reserve Bank for a term of five years from the beginning of next month.

He succeeds Bill Wilson, whose term expired on 1 February.

Ted Thomas has a long and distinguished career as a member of the Judiciary. In 2001 he was awarded the New Zealand Order of Merit for his services as a Court of Appeal Judge.

Since retiring from the bench, Justice Thomas has continued to be active in legal research, most recently as a Visiting Fellow in the Law Programme at the Research School of Social Sciences in Canberra, Australia.

Other RBNZ non-executive directors are: Paul Baines; Hugh Fletcher; John Goulter; Arthur Grimes; Alison Paterson; and Ruth Richardson. Non-executive directors are paid fees of $15,000 a year.

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