WB ex-MD becomes New Zealand’s Reserve Bank governor June 26, 2012 - 10:52 AMT PanARMENIAN.Net - Former World Bank managing director Graeme Wheeler was named on Tuesday as the new governor of the Reserve Bank of New Zealand, according to AFP. Finance Minister Bill English said Wheeler would take on the role when incumbent central bank chief Alan Bollard steps down on September 25 after 10 years at the helm. Wheeler, 60, began his career in the New Zealand Treasury before joining the World Bank in 1997, where he was managing director from 2006-2010 before leaving to run an advisory business in the United States. "Mr Wheeler's extensive experience makes him a highly respected figure in world financial markets and within New Zealand," English said in a statement. "We were fortunate to have someone of his calibre available for this important role."   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
