MNI BRIEF: RBNZ Names New MPC Member

Finance Minister Nicola Willis has appointed Hayley Gourley to the Reserve Bank of New Zealand’s Monetary Policy Committee, replacing longtime member Bob Buckle.

Gourley, who has an extensive background in New Zealand’s agribusiness sector, will join the Committee for the October Monetary Policy Review, following the end of Buckle’s term on Sept. 30.

The appointment comes amid significant leadership changes at the RBNZ this year, with Governor Adrian Orr and Chair Neil Quigley departing. (See MNI: RBNZ Leadership Woes Present Reform Opportunity)