The Reserve Bank of Australia has announced the appointment of Andrew Hauser as its new Deputy Governor. This appointment, made by the Treasurer and welcomed by Governor Michele Bullock, also includes Hauser’s role as a member of the Reserve Bank Board.

Hauser, a veteran of over 30 years at the Bank of England, is noted for his extensive experience in financial market operations.

Currently serving as the Executive Director for Markets, he manages the UK’s foreign exchange reserves and provides market intelligence to the Bank of England’s policy committees.

His prior roles have encompassed leading the bank’s inflation report, international economic analysis, and intelligence gathering through regional agencies.

Hauser is set to commence his new role in Australia in early 2024.

Bullock said,

“I warmly congratulate Andrew on his appointment as the Deputy Governor of the Reserve Bank and look forward to working with him.

He has great experience and will bring a welcome external perspective to the Bank and the Reserve Bank Board.”

Andrew Hauser said,

“I am deeply honoured to be asked to serve as the RBA’s next Deputy Governor.

I look forward to working closely with Michele Bullock, her senior team and the talented staff of the RBA to serve the Australian people, and to help make a reality of the recommendations of the RBA Review.”

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