New Zealand has brought in a Swedish economist to run its central bank as it seeks to end a period of turmoil at the top of the institution and steer the country away from the brink of a “double-dip” recession.
Anna Breman, who has been first deputy governor of the Sveriges Riksbank in Sweden since 2019, will become the first female governor of the Reserve Bank of New Zealand when she takes up the role in December.
Her appointment follows a period of recent upheaval at the central bank, where her predecessor Adrian Orr abruptly stood down this year due to a disagreement with the government over the institution’s budget. Neil Quigley, chair of the central bank, also departed last month.
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