RBNZ Governor Adrian Orr resigns

(Image: BusinessDesk)

Wed, 05 Mar 2025

Reserve Bank of New Zealand Governor Adrian Orr has resigned.Deputy Governor Christian Hawkesby will be Acting Governor until March 31.From April 1, the Minister of Finance, on recommendation from the RBNZ Board, will appoint a temporary Governor for a period of up to six months.Hawkesby will also chair the Monetary Policy Committee. Orr was first appointed as governor in March 2018.“I leave the role with consumer price inflation at target, and an economy in a cyclical recovery following the long period of covid-related disruption. T...

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