Paul Conway will join the Reserve Bank of New Zealand – Te Pūtea Matua as Chief Economist/Director of Economics, Governor Adrian Orr announced today.
“I am delighted that Paul is joining the Reserve Bank. He brings a wealth of leadership and experience to the economics team,” says Orr. “He has an in-depth knowledge of the New Zealand economy and international experience through his time as an economist at the OECD.”
“He has an excellent mix of skills, including a research background, which will be a key part of his leadership role at the Reserve Bank.”
Mr Conway is currently Chief Economist at the Bank of New Zealand (BNZ) and was previously Director of Economics and Research at the Productivity Commission.
“It’s exciting to have a full team in place with a lot of mahi to do in the year ahead,” Mr. Orr said.
The role of Chief Economist/Director of Economics is also a member of the Monetary Policy Committee.
Mr Conway’s appointment comes ahead of the departure of current chief economist Yuong Ha, who steps down later this month after 25 years at the RBNZ. Mr. Conway will join the Bank on May 2.
RBNZ’s Director of Central Banking Analytics, Adam Richardson, has been appointed as an internal member of the MPC for a six-month term effective March 11, 2022. He will be the acting Chief Economist/Director of Economics after the departure from Yuong Ha, until Mr. Conway joined the Reserve Bank.
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