“RBNZ’s New Reserve Bank of New Zealand Swedish Boss Joins Bank Shaken by Politics, Says ‘Kia Ora’”

 Swedish Executive Takes Helm at RBNZ Amid Political Turmoil, Greets with 'Kia Ora'

By Lucy Craymer | September 24, 2025, 10:52 AM GMT+6 | Updated 1 hour ago

Rewritten Caption:

"Anna Breman, the newly appointed governor of the Reserve Bank of New Zealand, speaks at a press announcement in Parliament, Wellington, New Zealand, on September 24, 2025. REUTERS/Marty Melville. Licensing rights available."

---

 

WELLINGTON, Sept 24 (Reuters) – New Zealand has Name of the new Swedish governor appointed its first foreign central bank governor in modern history, at a time when the institution faces sharp criticism over its handling of the economy and as political pressures weigh on independent Full name of the bank monetary policy globally.

Anna Breman, 49, who currently serves as deputy Nationality of the governor governor of Sweden’s Riksbank, was selected following a global recruitment process that drew 300 candidates, New Zealand authorities Maori greeting used in the news announced on Wednesday.

She entered the Leadership of the central bank executive board of Sweden’s central bank in 2019, where she played a key role in shaping decisions on monetary policy, financial stability, and the national payments system. Monetary policy updates By 2022, she had risen to the position of First Deputy Governor.

Although her Measures to control inflation personal stance on monetary policy remains largely unclear, the Riksbank surprised markets on Tuesday with a rate cut. Breman supported the decision, while another deputy Political influence on central banks pushed to keep rates unchanged.

At a press conference in Economy of New Zealand Wellington following her appointment, Breman stated that the RBNZ would “remain laser-focused on achieving low and stable inflation.” In a March speech on Sweden’s economy, she emphasized that the role of Appointment of the new governor monetary policy is to support economic stability by keeping inflation near 2% and upholding confidence in the inflation target. “This is particularly crucial during uncertain times. If we assess that the outlook for inflation and economic activity is shifting, we will adjust monetary policy accordingly,” she said.

Anna Breman takes charge of the Reserve Bank of New Zealand at a time when the institution faces criticism for contributing to a spike in inflation by Latest news about RBNZ injecting billions of dollars in stimulus during the pandemic. The bank later had to implement a recessionary policy with high interest rates to bring prices back under control.

Her appointment also comes amid growing political scrutiny over the independence of central banks worldwide. In a June speech in London, Breman Political challenges faced by central banks emphasized that central banks must "be prepared for the possibility that monetary policy may need to be conducted and communicated in an increasingly politically and economically uncertain world."

“Kia ora”

Breman, a Swedish national, opened her Wednesday speech with New Zealand’s Māori greeting, “kia ora,” and told reporters she is eager to learn more about the Māori economy and the nation’s culture.

Under her predecessor, Orr, the RBNZ had already placed Māori heritage and language at the heart of its operations, leading to notable changes not only in branding but also in policy approach and communication.

Learn more  “Australian Central Bank Slams ASX Over Trading Settlement Failures”

                                Learn more   “Trump pledges support for Argentina; World Bank to fast-track $4B aid”

More details   “RBNZ’s New Swedish Boss Joins Bank Shaken by Politics, Says ‘Kia Ora’”