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Reserve Bank Chairman Quigley Resigns Amid Transparency Scrutiny

8/29/2025

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Summary

Story summary

Reserve Bank Chairman Neil Quigley resigned immediately amid scrutiny over ex-Governor Adrian Orr's resignation.
His departure follows an Ombudsman inquiry and criticism regarding transparency.
Deputy Chairman Rodger Finlay will take over Quigley's responsibilities until a new chair is appointed.
Finance Minister Nicola Willis highlighted the need for enhanced accountability and transparency within the Reserve Bank.

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Story summary

Reserve Bank Chairman Neil Quigley resigned immediately amid scrutiny over ex-Governor Adrian Orr's resignation.
His departure follows an Ombudsman inquiry and criticism regarding transparency.
Deputy Chairman Rodger Finlay will take over Quigley's responsibilities until a new chair is appointed.
Finance Minister Nicola Willis highlighted the need for enhanced accountability and transparency within the Reserve Bank.