The Reserve Bank of Australia (RBA) has named Michele Bullock as its next governor. She will become the first woman to lead the RBA in its 63-year history when she begins her seven-year term in September. She will succeed incumbent Philip Lowe.
Ms Bullock has spent her entire career at the RBA. She first joined as an analyst in 1985 and has been deputy governor since April 2022. In her various senior roles at the bank, she has handled responsibilities related to Australia’s financial system, business services, its currency and its payments system.
