Economics
RBA’s Debelle Named Deputy Governor Following Lowe Promotion
- Debelle to commence five-year term in new role on Sept. 18
- Treasurer says appointments to reinforce existing confidence
Guy Debelle.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Guy Debelle has been named the Reserve Bank of Australia’s new deputy governor, stepping into a vacancy created by the elevation of Philip Lowe to the central bank’s top job.
Debelle, 49, who has been the RBA’s assistant governor for financial markets since 2007, will begin his five-year term on Sept. 18, according to a statement Friday from Treasurer Scott Morrison. That’s the same day Lowe takes over as governor from Glenn Stevens.