The Reserve Bank of Australia has announced the appointment of David Jacobs as head of domestic markets, effective Feb. 6.
The appointment follows the resignation of Jonathan Kearns late last year.
In his new role, Jacobs will oversee RBA’s analysis of conditions in domestic financial markets and the bank’s open market operations, reporting directly to Christopher Kent, assistant governor of financial markets.
Prior to the appointment, Jacobs was deputy secretary at RBA, and before that was deputy head of the international department. He also previously worked on secondment at the Bank of England and held various roles in RBA’s domestic markets department, economic analysis department, and risk and compliance department.
Jacobs holds a Bachelor of Commerce (Hons) from the University of New South Wales and a Masters of Economics from the London School of Economics and Political Science (LSE). He is also a CFA charterholder.
Have a thought about the appointment? Include it in the comments below.
