Sir Roderick Deane KNZM |
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Chairman of the State Services Commission | |
In office 1985–1986 |
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Prime Minister | David Lange |
Preceded by | Mervyn Probine |
Succeeded by | Don Hunn |
Personal details | |
Born |
Roderick Sheldon Deane 8 April 1941 Auckland, New Zealand |
Sir Roderick Sheldon "Rod" Deane KNZM (born 8 April 1941) is a New Zealand economist, public sector reformer, and businessman. He has served as deputy governor of the Reserve Bank of New Zealand, and as CEO and chairman of the country's largest telecommunications company, Telecom New Zealand.
Born in Auckland, Deane grew up in Opunake and went to New Plymouth Boys' High School. He completed a Bachelor of Commerce degree with first-class honours in economics and a doctorate in economics at Victoria University of Wellington in 1968. During his doctoral research, Deane began corresponding with future Reserve Bank Governor Don Brash, forming a friendship that would continue throughout their careers.
In The Queen's Birthday and Diamond Jubilee Honours List 2012 Sir Roderick was appointed a Knight Companion of the New Zealand Order of Merit.
This appointment grants the post-nominal letters KNZM and allows the appointee to style themselves as Sir Roderick and his wife as Lady Deane or collectively as Sir Roderick and Lady Deane.
Deane worked at the Reserve Bank of New Zealand, rapidly becoming Chief Economist, then Deputy Governor in 1982. During this period, Deane tended to clash with the Prime Minister and Finance Minister Rob Muldoon, arguing for more economic liberalisation and sounder economic policies, although Deane described his personal relationship with Muldoon as "cordial" and "civil". Twice Muldoon appointed a Governor to the Reserve Bank in preference to Deane.
Deane served as Alternate Executive Director of the International Monetary Fund from 1974 to 1976. While at the Reserve Bank, Deane published numerous papers on monetary, exchange-rate, and fiscal policy, as well as in the fields of international economics. He led a research-team which developed New Zealand's first macroeconometric model and published many papers in this area. He authored and edited a range of books on monetary policy and financial-sector matters, the external sector and foreign investment. Deane later became the inaugural winner of the NZIER Qantas "Economist of the Year" Award.