Adrian Orr: The evolving Reserve Bank - the view from Tāne Māhuta

Speech by Mr Adrian Orr, Governor of the Reserve Bank of New Zealand, to the Financial Services Institute of Australasia, Auckland, 11 July 2019.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Introduction

Tēnā koutou katoa, welcome everyone.

I am privileged to have been in the Governor role for a little over a year to date. During that time we have evolved considerably, and will continue to do so in the years ahead.

Over the recent period we have committed to our vision to be 'a great team and the best central bank', and we have embedded our new Monetary Policy Committee and policy mandate. In addition, we have reorganised our operating structure, and have been investing in our people, our stakeholder relationships home and abroad, our supervision capability and activities, our digital capability, and our payment systems and the future of cash.

Change is now business as usual for the Reserve Bank and I sincerely thank my colleagues for managing through this period of renewal. There is of course more change to come.