Ian Woolford has been with the Reserve Bank for 30 years; Steve Gordon is currently head of the banking department.
Two appointments to senior leadership roles in the Reserve Bank’s Money Group show the bank’s commitment to developing and preparing for the future of physical and electronic payments, Assistant Governor Christian Hawkesby says.
Ian Woolford has been appointed the Reserve bank’s head of money and cash, and Steve Gordon will head a new payment services department.
Hawkesby said both new roles stem from growth and developments within the Reserve Bank’s banking department. The Money Group within RBNZ comprises departments that connect the full cycle of monetary policy, from policy formulation to implementation.
Hawkesby said both leaders have proven track records for delivering large complex changes, and will bring strong thought leadership and stakeholder experience to the new roles.
Ian Woolford
Woolford has worked in a variety of roles at the Reserve Bank over the past 30 years. He started his career in the economics department, and has been a manager in the financial markets, financial stability, and prudential areas of the Reserve Bank. Most recently he was the manager of the financial policy team in the financial system policy and analysis department, where he led the work on the review of bank capital.
As head of money and cash he is responsible for the bank’s existing currency functions, the significant vaulting and cash distribution projects ahead, and establishing a new policy function in this area that will focus on issues such as the future of cash and central bank digital currency.
Steve Gordon
Gordon is currently head of the banking department, which is responsible for currency and electronic payment systems. He has also worked as head of the currency, property and security department. Prior to that, he served four years as head of risk assessment and assurance. Gordon was previously head of risk business support at the BNZ and, prior to that, has worked in IT and financial audit roles in the commercial banking sector.
As head of payment services he is responsible for the leadership of the commercially-focused NZ Central Securities Depository Ltd and New Zealand’s exchange settlement account system.
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