Glenn Stevens
Former Reserve Bank governor Glenn Stevens jumped from being the nation’s chief financial regulator to Packer’s hedge fund and then Australia’s biggest investment bank Macquarie Group.
Current Positions
Macquarie Group, Non Executive Director, Macquarie Bank Ltd, Nov 2017 – Present
Macquarie Group, Non Executive Director, Nov 2017 – Present
NSW Generations Fund, Chair, Advisory Board, Jul 2018 – Present
Lowy Institute, Board Director, Nov 2017 – Present
Temora Aviation Museum Inc, Deputy Chair, Jan 2017 – Present
NWQ Capital Management, Member, Investment Committee, 2017 – Present
Australian Institute of Company Directors, Jan 2016 – Present
Previous Positions
Ellerston Capital, Global Macro Adviser, 2017 – Jun 2019
· Governor, Sep 2006 – Sep 2016
· Deputy Governor, Dec 2001 – Sep 2006
· Assistant Governor, Dec 1996 – Dec 2001
· Head of International Department, Sep 1995 – Dec 1996
· Head of Economic Analysis Department, Nov 1992 – Sep 1995
Revolving Door
Former Reserve Bank governor Glenn Stevens jumped from being the nation’s chief financial regulator to Packer’s hedge fund and then Australia’s biggest investment bank Macquarie Group.
Stevens, also within a year of leaving the Reserve Bank, joined Ellerston Capital which is the hedge fund established by billionaire James Packer and his late father Kerry.
Related Items
During his time with the Reserve Bank Stevens also chaired the Council of Financial Regulators made up of the heads of the Australian Prudential Regulation Authority, the Australian Securities Commission and Treasury.