Next Reserve Bank deputy governor revealed

The Bank of England executive will join RBA early next year

Next Reserve Bank deputy governor revealed

Andrew Hauser (pictured above), current executive director for markets at the Bank of England, has been appointed as Reserve Bank’s deputy governor and member of the RBA’s board – a move welcomed by RBA Governor Michele Bullock.

Hauser has more than three decades of experience at the Bank of England. In his current position, he manages the design and execution of balance sheet and financial market operations, oversees the UK’s official foreign exchange reserves, and coordinates market intelligence and analytical advice for the Bank of England’s monetary and macro-prudential policy committees.

He has also previously undertaken senior responsibilities across various major functions at the Bank of England, including leading its Inflation Report, international economic analysis, and intelligence gathering for regional agencies.

“I warmly congratulate Andrew on his appointment as the deputy governor of the Reserve Bank and look forward to working with him,” Bullock said in a media release. “He has great experience and will bring a welcome external perspective to the Bank and the Reserve Bank board.”

Hauser said he feels deeply honoured by the appointment.

“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,” he said.

Hauser will commence his new role in Australia in early 2024.

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