Lesetja Kganyago
| Lesetja Kganyago link Twitter (Central banker, economist) | |
|---|---|
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| Born | 7 October 1965 Boyne, Limpopo, South Africa |
| Nationality | South African |
| Alma mater | University of South Africa, School of Oriental and African Studies |
Attended multiple WEF AGMs as Governor of the South African Reserve Bank | |
Lesetja Kganyago is a South African central banker and economist. He is the Governor of the South African Reserve Bank (SARB).[1] He was appointed to that post on 6 October 2014, by Jacob Zuma, the former President of the Republic of South Africa (RSA).[2]
Background and education
Kganyago was born in Boyne, Limpopo on 7 October 1965. He moved to Johannesburg with his mother, at the age of 18. For several semesters, he attended University of the Witwatersrand, but left before graduating. He completed his studies at the University of South Africa, in 1991, earning the degree of Bachelor of Commerce (BCom). He also holds the degree of Master of Science in Development Economics, from SOAS, University of London, obtained in 1994.[3][4] He also holds diplomas in management, economics and finance, including the Wits Business School and Harvard University.[5]
Career
Beginning in 1996 until 1998, Kganyago served as the Director of the South African National Treasury. From 1998 until January 2004, he was the Chief Director: Liability of the National Treasury. From January 2005 until May 2011, he was the Director-General of the National Treasury of South Africa.[6]
In 2011, Kganyago was appointed Deputy Governor of the South African Reserve Bank, serving in that capacity from May 2011 until November 2014. Two other individuals served concurrently with him, at Deputy Governor level. On 9 November 2014, he became Governor of the South African Reserve Bank, replacing the former Governor.[6]
From 2018 until 2020, Kganyago chaired the International Monetary and Financial Committee (IMFC), the policy advisory committee of the Board of Governors of the International Monetary Fund (IMF).[7][8]
In 2019, President Cyril Ramaphosa re-appointed Kganyago for another five-year term.[9]
References
- ↑ http://banknotes.resbank.co.za/about/about-sarb
- ↑ http://www.bdlive.co.za/economy/2014/10/06/lesetja-kganyago-appointed-new-governor-of-reserve-bank
- ↑ https://www.soas.ac.uk/news/newsitem95882.html
- ↑ http://www.fsb.org/profile/lesetja-kganyago/
- ↑ http://drum.co.za/news/getting-to-know-lesetja-kganyago/
- ↑ 6.0 6.1 https://mg.co.za/article/2014-10-06-tough-task-awaits-new-reserve-bank-boss-lesetja-kganyago
- ↑ https://www.imf.org/en/News/Articles/2018/01/18/pr1805-imfc-selects-south-african-reserve-bank-governor-lesetja-kganyago-as-new-chairman
- ↑ IMFC Selects Sweden’s Minister for Finance Magdalena Andersson as New Chair International Monetary Fund (IMF), press release of December 17, 2020.
- ↑ Alexander Winning (July 10, 2019), South Africa central bank governor re-appointed for another 5 years Reuters.
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