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Media StatementNZDMO Head of Portfolio Management to Take Up Position with Westpac Institutional Bank

27 March 2002

Mike James
Deputy Secretary to the Treasury

The Head of Portfolio Management for the New Zealand Debt Management Office, Brendon Doyle, is to take up a position as Head of Interest Rate Risk and Sales with Westpac Institutional Bank, Deputy Secretary to the Treasury, Mike James announced today.

Mr Doyle has been with NZDMO since 1993, and has headed the Portfolio Management Group for the last four years. Mr Doyle will leave NZDMO today, and will start his new position in May 2002.

"We are very sorry to lose Brendon, and wish him every success in his new position," said Mr James.

ENDS

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