Feb. 2 (Bloomberg) -- The Reserve Bank of Australia named Christopher Kent assistant governor responsible for its economics department, replacing Philip Lowe when he becomes deputy governor on Feb. 14.
Kent has “had extensive experience in high-level policy advice and has authored numerous articles on the Australian economy and macroeconomic policy,” the RBA said in a statement today. “In his new position he will be the chief economic adviser to the governor and the board.”
Kent holds a PhD from the Massachusetts Institute of Technology and an honors degree in economics from the Australian National University, the RBA said. In his current position he has overseen the central bank’s work on the Australian payments system and was previously head of the economic research department.
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