Top deck reshuffle at RBNZ

Christian Hawkesby.

Christian Hawkesby has been appointed RBNZ deputy governor and will take over the role from Geoff Bascand, who is leaving the Reserve Bank in January after eight years.

Hawkesby, who is currently the assistant governor and general manager of economics, financial markets and banking will step into the deputy governor role when Bascand leaves.

RBNZ governor Adrian Orr says he is thrilled to have Hawkesby’s leadership, capability and experience in such a critical role.

Hawkesby will also take over leadership of the bank's financial stability functions from early 2022.