RBA appoints female deputy governor
The Reserve Bank of Australia has appointed Michele Bullock as deputy governor, replacing Guy Debelle.
Bullock would take up the role immediately following Debelle’s departure in late March after 25 years.
Bullock was currently assistant governor (financial system), a role which had accepted in October 2016. This involved responsibility for financial stability and oversight of the payments system.
Prior to this, she had held a variety of other roles at the bank including assistant governor (business services) and assistant governor (currency).
RBA Governor, Philip Lowe, said: “I warmly congratulate Michele on her appointment as the deputy governor of the RBA. Michele brings a wealth of experience to the position. She has played a leading role in the Bank's work on financial stability and has a well-deserved international reputation for her work on payments systems. Michele also brings considerable management experience to the role and I look forward to working with her”.
Bullock said: “I am honoured to be appointed deputy governor of the RBA and excited by the opportunity to serve the people of Australia in this new role”.
AUTHOR
Laura Dew
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