Governor Philip Lowe

Photograph of Philip Lowe

Philip Lowe is Governor of the Reserve Bank of Australia.

Mr Lowe holds a PhD from the Massachusetts Institute of Technology and a B.Comm (Honours) in Economics/Econometrics from the University of New South Wales. He has authored numerous papers, including on the linkages between monetary policy and financial stability. He commenced as Governor on 18 September 2016.

He is Chair of the Reserve Bank Board and Payments System Board, and Chair of the Council of Financial Regulators. He is a member of the Financial Stability Board. Prior to his current role, he held the positions of Deputy Governor, Assistant Governor (Economic) and Assistant Governor (Financial System). He also spent two years at the Bank for International Settlements working on financial stability issues.

Mr Lowe is Chair of the Financial Markets Foundation for Children and a director of The Anika Foundation. He is also Chair of the Committee on the Global Financial System of the Bank for International Settlements.

Mr Lowe is a signatory to The Banking and Finance Oath.

Education The University of New South Wales (BComm Hons 1985)
Massachusetts Institute of Technology (PhD 1991)
1980–97 Reserve Bank of Australia; various positions in International Department and Economic Group
1997–98 Head of Economic Research Department
1999–2000 Head of Financial Stability Department
2000–02 Bank for International Settlements; Head of Financial Institutions and Infrastructure Division
2002–03 Head of Domestic Markets Department
2003–04 Head of Economic Analysis Department
2004–09 Assistant Governor (Financial System)
2009–12 Assistant Governor (Economic)
2012–16 Deputy Governor