Experienced director Susan Paterson has been appointed to the Reserve Bank of New Zealand (RBNZ) board.
Paterson is a professional director with over twenty years of governance experience. She has held senior executive roles in a number of companies in New Zealand, the USA and Europe. She will take up her new role on July 1, replacing Keith Taylor, who is retiring after two terms on the board.
According to Finance Minister Grant Robertson, changes mean the RBNZ board will have a gender balance for the first time in the bank’s 85-year history.
“Susan Paterson brings a wealth of private sector experience with her,” Robertson said. “She brings significant and senior governance experience, including on audit and risk committees, and good knowledge of governance oversight of a regulatory body.”
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Paterson is currently a member of the Electricity Authority, director of Goodman Property, EROAD, SKY Network Television, Arvida, and Les Mills, and is chair of Theta Systems and Steel and Tube.
Meanwhile, Tania Simpson was reappointed for a second term on the board.