TMM - People

RBNZ deputy governor Bascand to step down

Wednesday 8th of September 2021

Bascand will step down next year, the RBNZ, marking an unexpected departure of one of the key figures within the central bank.

Reserve Bank Governor Adrian Orr said Bascand had "the Bank’s deep gratitude for his contribution".

Bascand has been a key figure behind a series of radical steps taken by the central bank to cool the housing market, including tighter LVR...

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