RBNZ appoints new Head of Currency, Property and Security

Release date
07 March 2016

The Reserve Bank has appointed Steve Gordon as its new Head of Currency, Property and Security (CPS).

Mr Gordon is currently head of Risk, Assessment and Assurance, having joined the Bank in 2012. Under his leadership, the Bank was recently awarded the Central Bank Initiative of the Year for its Enterprise Risk Management Framework. Mr Gordon has been closely involved with CPS in his role as a steering committee member on a number of projects, including the development of the new series of banknotes, and is already leading other project work in the Department.

"Steve’s skills and experience will contribute greatly to the work of CPS and maintain strong relationships with our industry partners," Mr Bascand said.

Mr Gordon has a commercial bank risk and audit background. Previously he has served as Head of Risk and Business Support at the Bank of New Zealand and Head of Audit at BNZ, and prior to that worked in information technology and financial audit roles at the BNZ, Westpac and National Bank.

CPS is the area of the Bank that is responsible for meeting the currency needs of the public, and the property and security requirements of the Bank.

Current Head of CPS, Brian Hayr, will take up a position at Innovia Security Pty Ltd in May.

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