New Reserve Bank Directors

April 27, 2009 New Zealand Finance  No comments

On the 24th of April, Prime Minister John Key announced two new appointments to join the Reserve Bank’s Board of Directors.

Sue Sheldon and Keith Taylor have been appointed as the new directors to the Reserve Bank’s Board of Directors.

Keith Taylor is a Wellington based professional director and a consultant, with a history in the insurance industry and as a chief executive and chief financial officer of Tower. He has also had experience at the Earthquake Commission, Government Superannuation Fund Authority and currently serves as a Member of the Takeovers Panel.

Sue Sheldon is a Christchurch based director and consultant, she is also a chartered accountant. Sue Sheldon has held directorship positions at Smith City Group, Freightways, Contact Energy, and the Wool Industry Network.

New Zealand Prime Minister spoke about, in a Beehive Media Release about the Reserve Bank’s Board’s needs for directors with experience in the field of finance and accounting. He went on to extol the skills of the two chosen candidates saying that they will possess the skills required to help the bank meet its targets and to maintain a sound and efficient financial system.