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Showing posts with label Reserve Bank managers. Show all posts
Showing posts with label Reserve Bank managers. Show all posts

Monday, April 21, 2025

David Farrar: The many Reserve Bank managers


Following the news that two reserve Bank managers had resigned, I checked out their management structure.

They have six Assistant Governors and a massive 27 directors or third level managers. Just looking at the job titles shows that there is obvious reductions that can be made. This is no reflection on the individuals doing those roles (who could be very good) – it is just based on what the Reserve Bank Act says the Reserve Bank should be doing. In short it is: