Assistant Reserve Bank governor appointed

Reserve Bank assistant governor and general manager of business operations Patrick Hoerler.

The Reserve Bank has appointed Patrick Hoerler as assistant governor and general manager of business operations.

Mr Hoerler joined the Reserve Bank in January 2017 and was most recently the bank’s head of risk and audit.

As assistant governor and general manager of business operations, Mr Hoerler will be leading the bank’s digital services, property assets and security teams and have responsibility for the bank’s business continuity office in Auckland.

Before joining the Reserve Bank, Mr Hoerler was the risk assurance officer for Mercury Energy and was previously its treasurer. He has a background in corporate treasury, finance, and international banking. Patrick is Swiss and spent time working in Switzerland, New York and Singapore before moving to New Zealand.

Recruitment efforts continue for the remaining two vacant positions on the senior leadership team – assistant governor/general manager governance, strategy and corporate relations, and assistant governor/general manager economics, financial markets and banking.

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