Pursuant to section 54 of the Reserve Bank of New Zealand Act 1989, I reappoint

Neil Clayton Quigley

as a director of the Reserve Bank of New Zealand from 1 February 2015 to 31 January 2020; and reappoint

Kerrin Margaret Vautier

as a director of the Reserve Bank of New Zealand from 9 February 2015 to 8 February 2020.

Dated at Wellington this 11th day of December 2014.

Hon BILL ENGLISH, Minister of Finance.