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Media Statement:Treasury Announces Leadership Team Appointment

15 Feb 2012

The Treasury today announced the appointment of Brendon Doyle to the role of Deputy Secretary – Financial Operations.

Brendon will have overall responsibility for the NZ Debt Management Office (DMO), which oversees the Government's borrowing requirements and associated activities.

"The DMO plays a critical role in the efficient functioning of the economy. It keeps New Zealand afloat," said Treasury Secretary Gabriel Makhlouf.

"Brendon will lead a team that makes a practical difference to the country every day by ensuring that the Crown's debt is issued in a cost-effective manner."

The Financial Operations portfolio also includes the New Zealand Export Credit Office (NZECO), which provides financial guarantee products for New Zealand exporters and banks. These are designed to assist exporters in managing risk and in capitalising on trade opportunities around the world, and the office has supported more than $1 billion of total exports since it was established.

Brendon rejoins the Treasury after a previous nine-year stint, which included the position of Head of Portfolio Management from 1999 to 2002. Since then he has been working with Westpac in New Zealand and Australia, most recently as Managing Director of its Global Capital Markets business which operates across five countries.

He starts on March 19.

Media contact:

Serene Ambler | Senior Communications Advisor
Tel: +64 4 917 6163
Mob: +64 (0)21 660 665
Email: serene.ambler@treasury.govt.nz
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