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Friday, June 9, 2017

Recruitment at RESERVE BANK OF NEW ZEALAND , JUNE 2017



The Reserve Bank of New Zealand (“the Bank”) is New Zealand’s central bank. It is responsible for monetary policy, promoting financial stability and issuing New Zealand’s currency. The current Governor is stepping down at the end of his term in 2017 and, accordingly, the Board is now seeking candidates to fill this vital and unique leadership role in the New Zealand economy. The Governor is appointed by the Minister of Finance on the recommendation of the Board.
GOVERNOR 
The Governor is the Chief Executive of the Bank and a member of the Bank’s Board of Directors, and has the duty to ensure the Bank carries out the functions conferred on it by statutes, including The Reserve Bank of New Zealand Act 1989.
KEY RESPONSIBILITIES 
The Governor is responsible for the strategic direction of the Bank and for ensuring that strategy is consistent with the Bank’s key accountabilities in relation to: price stability, the soundness and efficiency of the financial system (including prudential regulation and oversight, supervision of banks, non-bank deposit-takers and insurance companies, and anti-money laundering), the supply of currency, and the operation of payment and settlement systems. As Chief Executive, the Governor is required to lead a high-performance culture and ensure that the Bank operates effectively and efficiently across its wide range of policy, operational and communication functions. 
CANDIDATE PROFILE 
The ideal candidate will be a person of outstanding intellectual ability, who is a leader in the national and international financial community. The person will have substantial and proven organisational leadership skills in a high-performing entity, a proven ability to manage governance relationships, a sound understanding of public policy decision-making regimes, and the ability to make decisions in the context of complex and sensitive environments. Personal style will be consistent with the national importance and gravitas of the role. The successful candidate will also demonstrate an appreciation of the significance of the Bank’s independence and the behaviours required for ensuring long-term sustainability of that independence. 
The role is based in New Zealand’s capital city, Wellington. Remuneration is commensurate with the seniority of the role and the New Zealand public sector.
Interested candidates may phone Carrie Hobson or Stephen Leavy for a confidential discussion on +64 9 379 2224, or forward a current CV to Lina Vanifatova before 8 July 2017 at lina@hobsonleavy.com

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