With just one word from Glenn Stevens, MA’85, LLD'14, markets around the world begin to move. As the Governor of the Reserve Bank of Australia, he has made enormous contributions to the country’s economic performance and financial stability. And his ability to make economic policy decisions was honed at Western.
Glenn Stevens has served as the governor of the Reserve Bank of Australia since September 2006. He was reappointed for a three-year term in April 2013.
The Sydney-born Stevens earned a bachelor’s degree in economics from the University of Sydney in 1979, and a master’s degree in economics from Western in 1985. In 2014, he also received an honorary degree from Western.
He joined the Reserve Bank’s research department in 1980, and held various senior positions in the 1990s, including heading the economic analysis and international departments. From 1996 to 2001, he was assistant governor (economic), responsible for overseeing economic and policy advice to the governor and Reserve Bank Board. He was appointed deputy governor and member of the board in December 2001.
Mr. Stevens is chairman of the Reserve Bank Board and Payments System Board, and chairman of the Council of Financial Regulators. He is one of two Australian representatives on the Financial Stability Board, an international body to promote financial stability.
He is consistently named among the most powerful men at one of the most powerful institutions in Australia.
In the charitable sphere, Stevens is chairman of the Financial Markets Foundation for Children, and a director of The Anika Foundation.
He has been a visiting scholar at the Federal Reserve Bank of San Francisco, and a member of the advisory boards of the Hong Kong Institute for Monetary Research, Melbourne Institute of Applied Economic and Social Research at the University of Melbourne and the Australian School of Business at the University of New South Wales.
Glenn lives in Sydney with his wife, Susan. He is also a certified private pilot.
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