The Reserve Bank of Australia (RBA) will get its first woman leader as Philip Lowe’s seven-year tenure comes to an end.
Mr. Lowe will be replaced by Michele Bullock, the current deputy governor of the central bank, when his term finishes on Sept. 18.
Ms. Bullock has served as deputy governor since April last year after a nearly four-decade career at the RBA, which has included several senior positions.
Prime Minister Anthony Albanese said Ms. Bullock was “eminently qualified” to lead the national institution.
“Michele will be in an important job at an important time with the challenges that we face globally,” he said on Friday….