1 April 2022

Michele Bullock appointed RBA Deputy Governor

The Morrison Government has today announced the appointment of Ms Michele Bullock as Deputy Governor of the Reserve Bank of Australia (RBA) for a five-year period.

Ms Bullock will become the first female Deputy Governor of the RBA in their 62-year history.

Ms Bullock has had a distinguished career at the RBA where she joined in 1985 as an analyst.

Ms Bullock has been an Assistant Governor of the RBA since 2010 and has held a number of senior positions during her time at the RBA.

Ms Bullock is currently Assistant Governor Financial System with responsibility for the RBA’s work on financial stability and oversight of the payments system. Prior to this she served as Assistant Governor of Business Services with oversight of the RBA’s operational businesses including note issue, payments settlements and banking.

Ms Bullock is also a member of the Council of Financial Regulators and works extensively with the Australian Prudential Regulation Authority, the Australian Securities and Investments Commission and the Department of the Treasury.

The Morrison Government looks forward to working with Ms Bullock and thanks Mr Guy Debelle for his outstanding contribution to the RBA over nearly three decades including the last six years as Deputy Governor.