Economics
Australia Names RBA’s First Female No. 2, Likely Lowe Successor
- Bullock was assistant governor in charge of financial system
- She was appointed to a five-year term and begins immediately
Michele Bullock
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Australia named Michele Bullock as the Reserve Bank’s first female deputy governor, propelling her to the front of the queue to succeed Philip Lowe in the top job.
Bullock was appointed to a five-year term as the central bank’s No. 2 official and will take up her role immediately, according to statements from the treasurer and the RBA Friday. The announcement is a further step in efforts to redress generations of male dominance at the upper echelons of the institution.