Appointment: Michele Bullock As Deputy Governor

The Governor, Philip Lowe, today warmly welcomed the appointment by the Treasurer of Michele Bullock to the position of Deputy Governor of the Reserve Bank of Australia and as a member of the Reserve Bank Board.

Mr Lowe said: ‘I warmly congratulate Michele on her appointment as the Deputy Governor of the Reserve Bank of Australia. Michele brings a wealth of experience to the position. She has played a leading role in the Bank’s work on financial stability and has a well-deserved international reputation for her work on payments systems. Michele also brings considerable management experience to the role and I look forward to working with her.’

On her appointment, Ms Bullock said: ‘I am honoured to be appointed Deputy Governor of the Reserve Bank of Australia and excited by the opportunity to serve the people of Australia in this new role.’

Michele Bullock will take up her new role immediately.