The Reserve Bank will consider hiring an outsider after Westpac poached assistant governor Luci Ellis to succeed veteran chief economist Bill Evans, making her the first female chief economist at a big four bank.
Mr Evans will move to the new role of senior economic adviser from January. Mr Evans said this would “enhance the counsel” he gave the bank’s executives and its clients.
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
