Shake-up at the top for Treasury

Treasury secretary Iain Rennie is overseeing a senior management restructure. (Image: NZME)

Wed, 28 May 2025

Wed, 28 May 2025

A major shake-up is under way in the Treasury leadership, with two of five deputy secretaries leaving the Government’s primary economic advice agency and two others taking new “chief strategist” roles.A Treasury spokesman confirmed the changes, details of which began to emerge after the delivery of the May 22 Budget.Leaving the Treasury are Dominick Stephens, former Westpac chief economist who has been chief economic advisor since March 2021, and Leilani Frew, deputy secretary for financial and commercial, who has co...

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