Is this the man who will be the last reserve bank Governor or will it all collapse earlier? One thing is for sure as the
He knows exactly what is going to go down in the next 12 months or so.
Finance Minister Bill English has announced that Graeme Wheeler will replace Alan Bollard as the new Reserve Bank Governor later this year.
Bollard will step down after his second five-year term expires on September 25.
Wheeler’s extensive experience has made him a highly respected figure in world financial markets and within New Zealand, English said.
“We were fortunate to have someone of his calibre available for this important role.”
The Reserve Bank board of directors recommended Wheeler’s appointment to English after an extensive recruitment process domestically and internationally.