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Appointment of the Head of International Department

Summary:
Dr Bradley Jones has been appointed to the position of Head of International Department at the Reserve Bank of Australia. The Bank considered a competitive field of internal and external candidates for this role, which will become vacant following the retirement of Mr Chris Ryan later this year. Dr Jones joins the Bank from the International Monetary Fund (IMF), where he has worked in the Monetary and Capital Markets Department since 2013. At the IMF he was responsible for leading missions in the areas of financial stability and sovereign asset and debt management. Prior to this, he held senior macroeconomic research and portfolio management responsibilities over a period of around

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Dr Bradley Jones has been appointed to the position of Head of International Department at the Reserve Bank of Australia. The Bank considered a competitive field of internal and external candidates for this role, which will become vacant following the retirement of Mr Chris Ryan later this year.

Dr Jones joins the Bank from the International Monetary Fund (IMF), where he has worked in the Monetary and Capital Markets Department since 2013. At the IMF he was responsible for leading missions in the areas of financial stability and sovereign asset and debt management. Prior to this, he held senior macroeconomic research and portfolio management responsibilities over a period of around nine years in Deutsche Bank's Global Markets business in Hong Kong and London.

Dr Jones holds a PhD in finance from Macquarie University, is a Fellow at the University of Cambridge Judge Business School, and has published extensively on a wide range of topics related to international financial markets and financial stability.

The International Department at the Reserve Bank is responsible for the Bank's foreign exchange operations, the investment of international reserve holdings of gold and foreign exchange, and the provision of regular advice on developments in international financial markets to the Governors and the Reserve Bank Board. The department is also responsible for maintaining the Bank's relations with a number of major international institutions.

Dr Jones will report to the Assistant Governor (Financial Markets), Christopher Kent. He commences with the Reserve Bank in early 2018.

Reserve Bank Australia
The Reserve Bank of Australia (RBA) came into being on 14 January 1960 as Australia's central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank. The bank has the responsibility of providing services to the Government of Australia in addition to also providing services to other central banks and official institutions. It currently consists of the Payments System Board, which governs the payments system policy of the bank, and the Reserve Bank Board, which governs all other monetary and banking policies of the bank.

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