A new member of the Reserve Bank of New Zealand's (RBNZ) Monetary Policy Committee (MPC), Hayley Gourley has been appointed by the Minister of Finance, Nicola Willis, on the recommendation of the RBNZ Board.
The MPC is responsible for the monetary policy decisions needed to support price stability.
Agribusiness executive Hayley Gourley starts a four-year term on 1 October, replacing Professor Bob Buckle who retires from the MPC at the end of September 2025. Hayley Gourley will take part in the October Monetary Policy Review.
"We are delighted to welcome Hayley to the MPC. She is a highly qualified candidate with the appropriate knowledge, skills and experience from an extensive career in corporate, rural and financial services sectors to join the MPC and assist in its decision-making," RBNZ Board Deputy Chair Rodger Finlay says.
"Her business experience at both board and executive management positions in some of New Zealand's leading agribusinesses will add a fresh perspective to Committee discussions."
Hayley also has a Master of Science (M.Sc) in Agricultural Economics from the University of London/ Imperial College and attended the London Business School under the Rabobank senior leadership programme. She has a Bachelor of Applied Economics, Agricultural Economics, from Massey University.
"We look forward to working with Hayley soon," Governor and MPC Chair Christian Hawkesby says.
"The MPC remains laser-focussed on its job to control inflation and Hayley will play an important part in our discussions."
"I'd also like to thank Professor Buckle for his significant service on the Monetary Policy Committee for many years, at an especially turbulent time during Covid-19," Mr Hawkesby says. "Bob is the sole remaining inaugural external member of the MPC, starting in 2019, when the Committee was first formed."
