Bill English, the New Zealand Minister of Finance, has announced that two new directorship appointments have been made to the board of the Reserve Bank of New Zealand.

Neil Quigley, a Victoria University Professor of Economics, and Kerrin Vautier, an Auckland-based consulting research economist, were announced to have received the positions on January 19th. The two new appointees replace Alison Paterson and Sir John Goulter, who have served fifteen and ten years respectively in the positions.

According to Bill English, the Government was seeking candidates with an understanding of both macroeconomic and real-world business principals for the positions. He continued on to say that both candidates posses the required strong economic backgrounds and experience within a range of ventures. Further, commenting on the appointments, Bill English said “I’m confident they have the skills to help the bank meet its targets and promote and maintain a sound and efficient financial system.”

Photo by Alex E. Proimos