Two appointments to senior leadership roles in the Reserve Bank's Money Group show the Bank's commitment to developing and preparing for the future of physical and electronic payments, Assistant Governor Christian Hawkesby says. Ian Woolford has been appointed the Reserve Bank's Head of Money and Cash, and Steve Gordon will head a new Payment Services Department. Mr Hawkesby says both new roles stem from growth and developments within the Reserve Bank's Banking Department. "Two major strategic projects - the Payment Systems Replacement, and the Future of Cash - have resulted in new responsibilities and ... (full story)