English appoints lawyer Ross, venture capitalist Liddell to RBNZ board

Finance Minister Bill English has appointed former Bell Gully partner Jonathan Ross and US-based venture capitalist Bridget Liddell to the board of the Reserve Bank.

Ross joins the board today, replacing academic Chris Eichbaum, whose five-year tenure ended on July 31, and Liddell will join the board from October, replacing outgoing chairman Arthur Grimes. Rod Carr was elected chair by the board last month.

Reserve Bank directors are appointed by the finance minister for five-year terms. The board then elect the chair and deputy for one-year terms.

The board monitors the performance of the governor and is tasked with assessing whether the quarterly monetary policy statements meet the government's policy target agreements. It also monitors the six-monthly financial stability reports.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

ATM - a2MC recalls small volume of a2 Platinum USA label
CEN - Contact Chair to retire this year, new Chair appointed
May 1st Morning Report
GTK - Gentrack's Veovo Acquires Dubai Technology Partners
SML - Additional information following Bright Dairy announcement
April 30th Morning Report
Rua Bioscience Market Update
FSF - Fonterra announces interim leadership changes
April 29th Morning Report
NZK - Blue Endeavour Pilot Farm and Wellboat Update