Reserve Bank of Australia Annual Report – 1987 Reserve Bank Board
![Photograph of Chairman R.A. Johnston](/publications/annual-reports/rba/1987/images/r-a-johnston.gif)
Chairman
R.A. Johnston, A.C.
Governor
(18 July 1989)
![Photograph of M.J. Phillips](/publications/annual-reports/rba/1987/images/m-j-Phillips.gif)
Deputy Chairman
M.J. Phillips, A.M.
Deputy Governor
(10 March 1994)
![Photograph of B.W Fraser](/publications/annual-reports/rba/1987/images/b-w-fraser.gif)
D.N Sanders, C.B., resigned as Deputy Governor 10 March 1987 M.J. Phillips was appointed Deputy Governor 11 March 1987 (Expiry date of present term in brackets)
B.W Fraser
Secretary to the Treasury
![Photograph of Peter Abeles](/publications/annual-reports/rba/1987/images/sir-peter-abeles.gif)
Sir Peter Abeles
(1 August 1989)
![Photograph of Sir Samuel Burston](/publications/annual-reports/rba/1987/images/sir-samuel-burston.gif)
Sir Samuel Burston, O.B.E.
(15 September 1987)
![Photograph of J.N. Davenport](/publications/annual-reports/rba/1987/images/j-n-davenport.gif)
J.N. Davenport, A.O.,
D.S.O., D.EC.*, G.M.
(15 September 1987)
![Photograph of C.H. Fitzgibbon](/publications/annual-reports/rba/1987/images/c-h-fitzgibbon.gif)
C.H. Fitzgibbon, A.O.
(7 December 1988)
![Photograph of R.G. Gregory](/publications/annual-reports/rba/1987/images/r-g-gregory.gif)
R.G. Gregory
(20 November 1990)
![Photograph of Sir Gordon Jackson](/publications/annual-reports/rba/1987/images/sir-gordon-jackson.gif)
Sir Gordon Jackson, A.K.
(20 November 1990)