Overview

• She will begin a five-year term on December 1, becoming the bank’s first woman and the first foreigner in modern times to hold the role.
• Interim governor Christian Hawkesby will remain through November 30 to support the handover and will then leave the Reserve Bank.
• The appointment followed an international process that identified about 300 candidates before a four-person shortlist was interviewed by the board.
• At her Wellington briefing, Breman pledged to keep inflation low and stable and said she plans extensive outreach around the country.
• Her recent vote for a surprise rate cut at Sweden’s Riksbank has analysts watching for how she will approach policy in New Zealand as debates over central-bank independence and past pandemic-era actions persist.