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

Fiona Mules

as a Director of the Reserve Bank of New Zealand from 9 February 2020 up to 8 February 2025; and I reappoint

Professor Neil Clayton Quigley

as Chair and Director of the Reserve Bank of New Zealand from 1 February 2020 up to 12 March 2022.

Dated at Wellington this 14th day of December 2019.

Hon GRANT ROBERTSON, Minister of Finance.