New Zealand cenbank Deputy Governor Bascand to leave bank in January By Reuters

© Reuters. FILE PHOTO: Two people walk towards the entrance of the Reserve Bank of New Zealand located in the New Zealand capital city of Wellington, March 22, 2016. REUTERS/Rebecca Howard/File Photo/File Photo

SYDNEY (Reuters) – The Reserve Bank of New Zealand’s (RBNZ) Deputy Governor Geoff Bascand will leave the bank in January next year, it said in a statement on Tuesday.

Bascand has been deputy governor since May 2013 and is also a member of the monetary policy committee. The RBNZ governor, board and finance minister will decide in due course on the preferred option for his replacement, it said.

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