New Zealand Reserve Bank (RBNZ) Governor Adrian Orr has unexpectedly stepped down as central bank chief without giving a reason for his departure. Orr, who is still serving the final three years of his second five-year term, made the announcement in a brief statement on Wednesday in Wellington. Deputy Governor Christian Hawkesby will serve as Acting Governor until March 31, when Orr officially leaves the position, according to an RBNZ spokesman.
Source: https://www.bloomberg.com/news/articles/2025-03-05/reserve-bank-of-new-zealand-governor-adrian-orr-resigns