Powered by MOMENTUM MEDIA
subscribe to our newsletter
Board changes at RBA

Board changes at RBA

Treasurer Scott Morrison has announced that Carol Schwartz will join the board of the Reserve Bank as a part-time member.

Ms Schwartz currently serves as the foundation chair of the Women’s Leadership Institute Australia, and has also held board roles with Bank of Melbourne and Industry Superannuation Property Trust.

Mr Morrison said Ms Schwartz was would be a valuable addition to the group given her background across a number of different sectors.

“Ms Schwartz has business experience across a range of industries, which will enable her to make a strong contribution to the Reserve Bank board,” he said.

Ms Schwartz’ five-year appointment will commence on 14 February 2017, and will coincide with the departure of current board member Heather Ridout.

“Ms Ridout has made an important contribution to Reserve Bank board deliberations through a challenging period for the Australian economy and I thank her for her service. I wish her every success for the future,” Mr Morrison said.

[Related: RBA unlikely to follow Fed by lifting rates]

Board changes at RBA
mortgagebusiness

Latest News

The chief lending officer of a credit provider has sought to refute the “myths” associated with non-bank lending amid concerns raised by...

A US-based fintech has announced its partnership with Mastercard ahead of its launch in Australia in 2019. ...

A loans and deposits marketplace has announced that it has secured capital investment from Lakeba Group. ...

FROM THE WEB
podcast

LATEST PODCAST: Changing faces and bank growth slowdown

Is enough being done to ensure responsible lending?