Reserve Bank Governor of New Zealand
E589807
The Reserve Bank Governor of New Zealand is the chief executive and chief monetary policymaker of the country’s central bank, responsible for maintaining price stability and overseeing the financial system.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
central bank governor role
ⓘ
public office ⓘ |
| appliesToJurisdiction | New Zealand NERFINISHED ⓘ |
| appointedBy |
Minister of Finance of New Zealand
ⓘ
New Zealand Government NERFINISHED ⓘ |
| country | New Zealand ⓘ |
| firstHolder | Leslie Lefeaux NERFINISHED ⓘ |
| hasDomain |
central banking
ⓘ
financial regulation ⓘ monetary economics ⓘ |
| hasPower | set Official Cash Rate recommendations or decisions (subject to current governance framework) ⓘ |
| hasResponsibilityUnder |
Remit for Financial Policy
ⓘ
Remit for Monetary Policy ⓘ |
| hasTitle | Governor ⓘ |
| headOf | Reserve Bank of New Zealand NERFINISHED ⓘ |
| inception | 1934 ⓘ |
| jurisdiction | New Zealand financial system ⓘ |
| legalBasis |
Reserve Bank of New Zealand Act 1989
NERFINISHED
ⓘ
Reserve Bank of New Zealand Act 2021 NERFINISHED ⓘ |
| memberOf | Council of Financial Regulators (New Zealand) NERFINISHED ⓘ |
| nativeLabel | Governor of the Reserve Bank of New Zealand NERFINISHED ⓘ |
| officeHolder | Adrian Orr NERFINISHED ⓘ |
| officeHolderStartTime | 2018-03-27 ⓘ |
| officeLocation |
Reserve Bank of New Zealand building, Wellington
NERFINISHED
ⓘ
Wellington NERFINISHED ⓘ |
| partOf |
New Zealand public service
NERFINISHED
ⓘ
Reserve Bank of New Zealand NERFINISHED ⓘ |
| reportsTo | New Zealand Parliament (via accountability mechanisms) NERFINISHED ⓘ |
| responsibleFor |
currency issuance oversight
ⓘ
foreign reserves management oversight ⓘ implementing monetary policy ⓘ macroprudential policy implementation ⓘ maintaining price stability ⓘ overseeing the financial system ⓘ oversight of non-bank deposit takers ⓘ prudential supervision of banks ⓘ prudential supervision of insurers ⓘ |
| roleIn |
financial stability policy of New Zealand
ⓘ
monetary policy of New Zealand ⓘ |
| seat | Wellington NERFINISHED ⓘ |
| subordinateTo |
Board of the Reserve Bank of New Zealand
NERFINISHED
ⓘ
Minister of Finance of New Zealand (in terms of accountability framework) ⓘ |
| symbolizes | independence of monetary policy in New Zealand ⓘ |
| termLength | 5 years ⓘ |
| termRenewable | true ⓘ |
| worksWith |
New Zealand Financial Markets Authority
NERFINISHED
ⓘ
New Zealand Treasury NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.