Appointment of Reserve Bank Deputy Governors
- Details
- Category: Press Release
- Created: 24 July 2023
The National Reserve Bank of Tonga is pleased to announce that the Board of Directors on 21 July 2023, approved the appointment of Ms. Úngatea Latu as the Deputy Governor Policy and Mr. Lata Tangimana as the Deputy Governor Operation for a five-year term.
Ms. Úngatea Latu will be responsible for the Bank’s Policy Departments leading the supervision of the Financial System, Financial Markets, Economics and Financial Intelligence. She has served the Bank for over 25 years with experience in the supervision of banks and other financial institutions, formulation and implementation of monetary policy, and undertaking the Bank’s anti-money laundering functions. Ms. Latu has gained international experience with her 2-year secondment as an Advisor to the Executive Director of the South East Asia Group of the International Monetary Fund (IMF).
Mr. Lata Tangimana will be responsible for the Bank’s Operation Departments leading the supervision of its financial management, Currency, Information Technology, Payment System, Human Resource, and Property. He has also served the Bank for over 25 years and had vast experience in the general operation of the Bank.
The Reserve Bank Governor Tatafu Moeaki welcome the appointments and stated “both appointments will strengthen our executive management as the nature and frequency of economic shocks affecting Tonga has increased its frequency in recent years and changed its dimension. The Bank’s executive management is gearing up to strengthen its capacity to be more resilient and robust to sudden and unexpected changes including their respective macro scenarios and policy responses to contribute positively to the livelihood of all Tongans.”
Enquiries
National Reserve Bank of Tonga
Fasi mo e Afi
NUKU'ALOFA
Telephone: (676) 24057
Fax: (676) 24201
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Resources
Press Release in English 149 KB - Download a copy of the full press release. |
