Media statement

The Treasury Appoints Tim Ng as Chief Economic Adviser

Treasury Secretary Gabriel Makhlouf has announced the appointment of Tim Ng as the Treasury’s Chief Economic Adviser.

"I'm delighted to have Tim Ng in this role. We had a high calibre of domestic and international applicants for the Chief Economic Adviser position, and Tim's appointment is testament to his impressive experience and expertise," says Mr Makhlouf.

"He is well respected inside and outside the Treasury. In his current role as Director of the Economic System Directorate at the Treasury, Tim has made excellent contributions to our economic analysis and policy advice, and has developed strong professional networks in New Zealand and overseas. I look forward to having him on our executive leadership team."

A macroeconomist by training, Mr Ng has extensive international experience as an adviser and thought leader on monetary, fiscal and financial system policy, and has published in a range of professional and academic journals.

For much of his career prior to his Treasury position, Mr Ng managed a range of functions at the Reserve Bank of New Zealand, covering domestic and international economic monitoring and forecasting, monetary policy conduct, banking regulation and payments system policy. During his time at the Reserve Bank he served as a member of the Reserve Bank’s Monetary Policy Committee, Macro-Financial Committee and Financial System Oversight Committee.

Mr Ng has also worked at the Bank for International Settlements in Basel, the Federal Reserve Bank of New York and the National Bank of New Zealand.

Mr Ng was born and raised in Auckland. He has postgraduate degrees in economics from Victoria University of Wellington and in biochemistry from the University of Auckland.

The Treasury will soon be inviting applications for the position of Director, Economic System.

ENDS

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Bryan McDaniel | Principal Communications Advisor
Tel: +64 4 917 6268 or (021) 817 207
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