Acting with integrity - for all New Zealanders

Release date
11 October 2019

Statement from the Reserve Bank of New Zealand’s Senior Leadership Team

Leading the people at the Reserve Bank of New Zealand is an absolute privilege, and we never take that for granted. We are surrounded by incredibly clever and dedicated people who are driven by the shared values we have at Te PÅ«tea Matua: inclusion, integrity, and innovation.

Every day we come to work with the same ambition and drive – to serve all New Zealanders so they can live their lives with prosperity and the reassurance that the financial system we regulate remains stable and productive. To do that we need to have the brightest and best people who come from all sorts of backgrounds with a wealth of experience, wisdom and knowledge.

We are immensely proud of our workforce and the contribution they make – we make no bones about that.

Sometimes we make difficult decisions that are unpalatable for a few, but we do that with the many in mind. We are not looking to win votes or accolades – we do what’s right for the good of all New Zealanders for today, tomorrow and for generations to come.

As global economic environments throw challenges at central banks, more than ever we need to be innovative and the best way we can do that is to ensure we have diverse and fresh thinking in our midst. That’s the smart thing to do.

We’ll continue to have informed and mature conversations on the remit we hold on behalf of Aotearoa.

We’ve charted our course, prepared for whatever is on the horizon and will weather the storms. New Zealanders can depend on that.

This is the only statement we will be making on the recent remarks about the capabilities of our people.

The Reserve Bank of New Zealand’s Senior Leadership Team