Christian Hawkesby has been appointed as Reserve Bank of New Zealand’s new deputy governor.
Hawkesby, who is currently the assistant governor/general manager of economics, financial markets and banking at the central bank, will step into his new role king up the role in January 2022. He replaces Geoff Bascand, who is leaving the RBNZ in January after eight years.
Hawkesby will also take over leadership of the financial stability functions from early 2022.
“Hawkesby has a wealth of leadership experience in both the private and public sector, and he has deep experience of central banking, including financial stability,” says RBNZ Governor Adrian Orr.
“He is very well-regarded and will be instrumental in continuing to shape the RBNZ, ensuring we’re delivering on our role as guardian of the financial system.”
Hawkesby will remain as a member of the Monetary Policy Committee. Given Bascand’s departure, a replacement MPC member will be appointed in due course.
Prior to joining the RBNZ in 2019, Hawkesby was part of the team that established Harbour Asset Management. Before that, he spent nine years at the Bank of England where he held senior positions including private secretary to the Deputy Governor, chief manager of sterling markets and head of market intelligence.