3 Jun 2010

Former Treasury Secretary dies

3:04 pm on 3 June 2010

The former head of the Prime Minister's Department and Secretary of the Treasury, Bernie Galvin, has died, aged 77.

Mr Galvin joined the Treasury in 1955, and led the organisation from 1980 to 1986.

He was heavily involved in the the devaluation of the New Zealand dollar following Labour's election win in 1984 and the economic reforms that followed.

Mr Galvin also helped negotiate access deals for New Zealand butter when Britain was preparing to enter the European Community.

He also served as a governor of the World Bank and the International Monetary Fund.

He became a Companion of the Bath in 1991. In recent years he suffered from ill-health and retired completely from public life.

Mr Galvin is survived by his four children and his second wife, Professor Margaret Clark.