Michele Bullock has been named as Guy Debelle’s replacement, after he left the Reserve Bank to take up the role of chief financial officer at Fortescue Metals subsidiary, Fortescue Future Industries.
Ms Bullock will become the first female deputy governor of the RBA in the bank's 62-year history.
Dr Debelle departed the RBA on 16 March after 25 years at the RBA, including more than five years as deputy governor and nine years as assistant governor for financial markets.
Michele Bullock was previously the assistant governor (financial system) at the RBA.
Ms Bullock was appointed to the position in October 2016, prior to which she held a variety of senior management positions since joining the bank in 1985 as an analyst.
“The Morrison government looks forward to working with Ms Bullock and thanks Mr Guy Debelle for his outstanding contribution to the RBA over nearly three decades including the last six years as deputy governor,” Treasurer Josh Frydenberg said in a statement.
Maja Garaca Djurdjevic
Maja's career in journalism spans well over a decade across finance, business and politics. Now an experienced editor and reporter across all elements of the financial services sector, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies.
