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‘Right time to leave’: Orr steps down as Reserve Bank Governor

Adrian Orr resignation news

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.

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3 COMMENTS

  1. Three years too late! Adrian you already screwed NZ over just like jabby god riddance to bad rubbish! Who needs an Elon!

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