AmCham with Adelaide Business School
Dr Guy Debelle, Deputy Governor, Reserve Bank of Australia
The Reserve Bank of Australia (RBA) is Australia’s central bank and its duty is to contribute to the stability of the currency, full employment, and the economic prosperity and welfare of the Australian people. It does this by setting the cash rate to meet an agreed medium-term inflation target, working to maintain a strong financial system and efficient payments system, and issuing the nation’s banknotes.
The RBA provides certain banking services as required to the Australian Government and its agencies, and to a number of overseas central banks and official institutions. Additionally, it manages Australia’s gold and foreign exchange reserves. As an independent central bank, the Reserve Bank is accountable to the Parliament for its actions. The Deputy Governor is Deputy Chair of the Reserve Bank Board.
Guy Debelle commenced as Deputy Governor of the Reserve Bank of Australia on 18 September 2016. He is Deputy Chair of the Reserve Bank Board and Chair of the Reserve Bank’s Risk Management Committee.
He is a former chair of the Australian Foreign Exchange Committee and also chaired the BIS Foreign Exchange Working Group responsible for the development of the Global Code of Conduct for the Foreign Exchange Market.
Prior to his current role, Dr Debelle was the Assistant Governor (Financial Markets).
Dr Debelle also worked at the International Monetary Fund, Bank for International Settlements, Australian Treasury and as a visiting professor in economics at the Massachusetts Institute of Technology (MIT). He graduated from the University of Adelaide with an honours degree in economics and gained his PhD in economics at MIT under Stanley Fischer and Rudi Dornbusch.
Dr Debelle is a signatory to The Banking and Finance Oath.
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