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

Susan Marie Paterson

as a director of the Reserve Bank of New Zealand from 1 July 2019 up to 30 June 2024; and I reappoint

Tania Joy Te Rangingangana Simpson

as a director of the Reserve Bank of New Zealand from 16 June 2019 up to 15 June 2024.

Dated at Wellington this 12th day of June 2019.

Hon GRANT ROBERTSON, Minister of Finance.