Live Updates > Live Update Details
2026-09-16 07:02:08
[New Zealand Reserve Bank Assistant Governor Karen Silk to Step Down in December; Central Bank Arranges Smooth Transition] 1. The Reserve Bank of New Zealand (RBNZ) announced on Tuesday that Karen Silk, Assistant Governor responsible for monetary policy decisions, will leave her post in December following the final policy meeting of the year. 2. Silk joined the RBNZ in 2022 and recently served as Assistant Governor for Monetary Affairs, overseeing multiple functions including financial market operations and economic analysis. In a statement, she said she looks forward to having more time to spend with her family, pursue personal interests, and continue to contribute to New Zealand's business and investment community. 3. Former Governor Brehman, who took office last December, stated that Silk will serve until December, and the central bank has made arrangements to ensure a smooth transition of responsibilities and continuity in policy decisions.
