Mr Finlay and Mrs McKinnon were appointed by the Governor-General on the recommendation of the Minister of Finance following their participation in an appointment process run by Te Tai Ōhanga - The Treasury.
Rodger Finlay was appointed to the RBNZ Transition Board in October 2021, the RBNZ Board on 1 July 2022 for a term of five years, and was elevated to Deputy Chair from 1 February 2023. He has been exercising the functions of Chair since 29 August 2025.
Mr Finlay has an extensive executive background in international investment banking, having worked with leading financial institutions in London, including CS First Boston, Paribas, and UBS. He brings significant governance experience and is also currently the Deputy Chair of Rural Equities Limited. He has previously chaired several major New Zealand listed, and public sector organisations and advisory panels.
"It is a privilege to be appointed as the RBNZ Board Chair," says Mr Finlay.
"The past year has seen wide-ranging change for the Reserve Bank and I look forward to supporting a renewed focus on effectively and efficiently delivering the Bank's economic, financial stability, and broader central banking objectives. I am also looking forward to working with our incoming Governor, Dr Anna Breman."
Rhiannon McKinnon has managed complex financial operations, including hedging programmes, bond issuance, and M&A transactions. She has held senior executive and board roles, including CEO of Kiwi Wealth, founder of executive coaching firm Cassiobury, and board member of the NZ Film Commission, CFA Society of NZ, and Dress for Success Wellington.
Mrs McKinnon is a Chartered Financial Analyst (CFA) and holds an MA from the University of Cambridge.
"Mrs McKinnon is an experienced financial professional with a strong background in leadership and strategy. We welcome her appointment to the RBNZ Board and look forward to the contribution she will bring towards delivering on Te Pūtea Matua's strategic objectives," says Mr Finlay.
Mr Finlay will serve as Chair until the end of his current term, 30 June 2027. Mrs McKinnon will serve for a five-year term from 1 December 2025 to 30 November 2030.
