Reserve Bank Deputy Governor appointed
Dr Bollard said Mr Spencer's appointment was approved by the Reserve Bank Board on 15 February, and is effective immediately. The appointment follows the recent departure of Adrian Orr to take up the role of Chief Executive of the Guardians of the New Zealand Superannuation Fund.
Mr Spencer is currently Head of Economics, but will leave that role to become Head of the Financial Stability Department on 2 April 2007.
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