Cilento Joins RBA Monetary Policy Board for Five-Year Term
The Australian government has appointed Melinda Cilento as a part-time member of the Reserve Bank of Australia Monetary Policy Board, effective from September 1, 2026. The appointment is for a five-year term and follows a thorough selection process.
Melinda Cilento brings significant expertise and experience to the role, having held senior economic policy and leadership positions in the past. This includes serving as CEO of the Committee for Economic Development of Australia, Commissioner at the Productivity Commission, and Chief Economist and Deputy CEO at the Business Council of Australia.
The selection process involved a panel comprising the Reserve Bank Governor, Treasury Secretary, and Martin Parkinson AC PSM, former Secretary to the Treasury and Department of the Prime Minister and Cabinet. The panel used a skills matrix to ensure the right mix of skills on the Board, drawn from an open expression of interest process.