RBNZ chief economist John McDermott to leave central bank at end Feb
[WELLINGTON] Reserve Bank of New Zealand (RBNZ) chief economist John McDermott will leave the central bank at the end of February to take up a position at an economic think tank, the RBNZ said on Tuesday.
Mr McDermott, who served as assistant governor until November, would take up a position at economic research institute Motu after the bank's next monetary policy decision in February, RBNZ Governor Adrian Orr said in a statement on the bank's website.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Japan warns of action over rapid currency moves
Nomura targets 20% revenue growth from global markets business
Segantii allegations roil a go-to block trader for global banks
Jefferies asks judge to remove managers of Weiss Multi-Strategy
JPMorgan sees gain of about US$8 billion from Visa exchange offer
BlackRock cuts jobs in muni business under new leadership