Looks to achieve "Great Team, Best Central Bank"
The RBNZ is creating a new senior leadership team (SLT) to better help it achieve its vision of "Great Team, Best Central Bank".
Governor Adrian Orr said the new team:
- Better balances the workload
- Allows the Reserve Bank leaders to operate more strategically, and
- Provides more depth in teams for growing capacity and capability
Appointments to the senior leadership team:
- Geoff Bascand - current deputy governor head of financial stability is now the deputy governor and general manager of financial stability
- Lindsay Jenkins - current head of human resources is not assistant governor/general manager of people and culture
- Mike Wolyncewicz - current chief financial officer and head of financial services group is now assistant governor/chief financial officer finance
It looks like it is just a slew of management positions. It does not seem like it will influence policy decisions made by the policy committee (made of 13 members) and four governors. The four governors make the final decision.
To understand the decision making process better watch this video.
