Reserve Bank board chairman Neil Quigley has resigned “with immediate effect” in the wake of the shambolic handling of Adrian Orr’s resignation as Governor.

Finance Minister Nicola Willis made the announcement just before 6pm on Friday - the day after the Reserve Bank revealed Orr temporarily stepped down as Governor a week before the public was told he resigned

The Finance Minister says she did not ask the Reserve Bank Chair to quit, following news he's resigned with immediate effect. 

Nicola Willis told Heather du Plessis-Allan that having completed key work streams with the bank, Quigley said the timing was appropriate.

Willis says she raised criticism around the board's handling of information relating to the former Governor's exit.

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Reserve Bank board chairman Neil Quigley has resigned “with immediate effect” in the wake of the shambolic handling of Adrian Orr’s resignation as Governor.
Finance Minister Nicola Willis made the announcement just before 6pm on Friday - the day after the Reserve Bank revealed Orr temporarily stepped down as Governor a week before the public was told he resigned
The Finance Minister says she did not ask the Reserve Bank Chair to quit, following news he's resigned with immediate effect.&nbsp;
Nicola Willis told Heather du Plessis-Allan that having completed key work streams with the bank, Quigley said the timing was appropriate.
Willis says she raised criticism around the board's handling of information relating to the former Governor's exit.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Nicola Willis: Finance Minister says she did not ask Reserve Bank chair to step down following former Governor's exit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6bdee9cb-837c-4708-8d2b-b348006a99d7/transcript