Dr Anna Breman has been named as the new Governor of the Reserve Bank.
Breman had served as a deputy Governor of Sweden’s Riksbank – its central bank – since 2019.
“Dr Breman comes to New Zealand with an impressive blend of technical skills and organisational leadership experience,” Finance Minister Nicola Willis said.
Breman will be the first woman to hold the role.
It comes after a period of turmoil for the Reserve Bank.
Former Governor Adrian Orr resigned earlier this year in a row over funding, followed by chairperson Neil Quigley late last month.
Quigley’s resignation followed five months of scrutiny over Orr’s abrupt departure.
In June, Willis criticised the Reserve Bank over sharing information surrounding Orr’s sudden resignation in March.
The rebuke came after the bank released documents under the Official Information Act, revealing Orr quit due to a funding dispute with the bank’s board and the Government.
Willis told Newstalk ZB in late August: “If Mr Quigley had not offered his resignation, I would have asked him for it.”