(20 July 2012 – New Zealand) Finance Minister Bill English appointed former acting Reserve Bank of New Zealand (RBNZ) governor and vice-chancellor of the University of Canterbury, Rod Carr has been appointed to the board of the central bank.Early this year Carr ruled himself as a potential contender to replace retiring central bank governor Alan Bollard.
‘Dr Carr has extensive experience, both in the banking industry and as a director,’ English said. ‘I’m confident he will make a strong contribution to the board of the Reserve Bank.’
Carr, 51, holds a number of governance positions including the chairmanship of the National Infrastructure Advisory Board, as well as his main role as vice-chancellor of the University of Canterbury.
He was previously the managing director of Jade Software Corporation, following roles as Deputy Governor of the Reserve Bank and senior positions with the National Australia Bank.
Carr was acting Governor of the Reserve Bank for five months after Don Brash resigned suddenly in 2002 to go into politics.