Leslie Lefeaux arrived in New Zealand in 1934 to become the first Governor of the Reserve Bank of New Zealand. Prior to this appointment, he had held the position of Assistant to the Governors at the Bank of England.
During his seven year term in the formative years of the Reserve Bank, Mr Lefeaux was concerned with establishing the relative responsibilities of the Government and the Reserve Bank. His signature appears on the first issue of Reserve Bank notes, because they were ordered before he left England, and at that time, he was the first appointed official of the Reserve Bank.
He completed his term of office in 1940, and remained in New Zealand for several years. He returned to England in 1946 and passed away in 1962.