Finance Minister Nicola Willis has appointed acting Reserve Bank governor Christian Hawkesby as governor for six months.
Hawkesby’s appointment was recommended by the Reserve Bank board.
Previously, he was deputy governor.
The appointment is effective from today, and can be extended by up to three months with written notice.
“Mr Hawkesby is an experienced central banker who has held a number of senior positions at the Reserve Bank,” Willis said.
She said his appointment would ensure “continued integrity and operations of the Reserve Bank while the search for a permanent governor is under way”.
“During his term, the board will support Mr Hawkesby to implement the bank’s new five-year funding agreement which will apply from 1 July 2025,” Willis said.
“I look forward to continuing to work with him in his new role.”
Willis’ decision follows Adrian Orr resigning as governor a month ago - almost half way through his second five-year term.
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