Reserve Bank Governor Adrian Orr has announced his resignation, with Chair Neil Quigley stating it was a personal decision made at a time Orr felt was appropriate.
Having served seven years and partway through his second term, Orr reportedly believes he has accomplished his key objectives, including bringing inflation under control.
His departure, described as sudden but not unexpected, follows discussions with Quigley over several days.
Orr is now on leave until the end of March, with Deputy Governor Christian Hawkesby stepping in as Acting Governor.
Three years too late! Adrian you already screwed NZ over just like jabby god riddance to bad rubbish! Who needs an Elon!
jumping off the ship?
Who is the next IMF puppet mouthpiece Stooge?
And also, where does adrian find his next vocation?
Book-deal, CEO, painter, Otago or Vic lecturer, joining ex-spats overseas?
The best thing that could happen to the so called “Reserve Bank”, is for it to be abolished. A haven for academics, who know little of the actual commercial world and end up as economic “fortune tellers”. Just a hindrance.
The only actual interest of any central bank is to further wealth and aquisitions (debt peonage) for the internatjonal bankster cabal.
Gypsy’s
the Reserve Bank of New Zealand’s staff numbers under Adrian Orr’s leadership grew substantially.
Reports suggest that the total staff count more than doubled, reaching over 1,000 employees by 2024
There were around 250 when he took the helm in 2018
Michael Laws said there was only one lever
Which it transpires was the eject lever
Are the rumours of Orr getting served High Court documents true?
Was this the same week all the COVID commissioners quit?