Overview
- Finance Minister Nicola Willis announced Finlay’s appointment on November 27, expressing confidence he will deliver greater accountability, transparency and fiscal discipline.
- Finlay had been acting as chair since August after Neil Quigley resigned over his handling of Governor Adrian Orr’s sudden departure earlier this year.
- The Reserve Bank said Finlay will remain chair until next June, formalizing the role he has performed on an interim basis.
- Swedish economist Ana Breman is scheduled to begin as governor on December 1, completing a new leadership pairing at the central bank.
- Finlay joined the RBNZ board on July 1, 2022, became deputy chair in February 2023, and previously spent 26 years in investment banking at CS First Boston, Paribas and UBS.