In May, Assistant Governor (Financial Markets) Christopher Kent has taken over the role of Board Chair from Susan Woods, who served in the role for the last three years.
In the wake of Susan's promotion to the Reserve Bank of Australia’s newly created role of Chief Operating Officer several months ago, Christopher agreed to join the NPA Board in March and transitioned into the role of Chair at the end of May. At the same time, Susan has resigned her position on the Board from the end of May to focus on her new responsibilities. On behalf of the Executive Leadership team and all staff at NPA, we offer an enormous vote of thanks to Susan for her service to NPA as Chair and we wish her every future success.
Christopher has held the role of Assistant Governor (Financial Markets) since December 2016. In this role, he is responsible for the oversight of the Bank's operations in domestic and global financial markets, including the management of Australia's foreign reserves. He briefs the Reserve Bank Board on developments in financial markets at the monthly Board meetings and participates as the Bank's representative on the BIS (Bank of International Settlements) Markets Committee and the BIS Committee on Global Financial Stability. Christopher also chairs the Australian Foreign Exchange Committee.
Christopher holds a PhD from the Massachusetts Institute of Technology (MIT) and a Bachelor of Economics (Honours) from the Australian National University. He has authored numerous papers on the Australian economy and macroeconomic policy and edited a number of the Bank's annual Conference Volumes.
We are delighted to welcome Christopher into the Board Chair role and wish him every success and support in this important role.