New Zealand cenbank Deputy Governor Bascand to leave bank in January

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SYDNEY (Reuters) – The Reserve Bank of New Zealand’s (RBNZ) Deputy Governor Geoff Bascand will leave the bank in January next year, it said in a statement on Tuesday.

Bascand has been deputy governor since May 2013 and is also a member of the monetary policy committee. The RBNZ governor, board and finance minister will decide in due course on the preferred option for his replacement, it said.