Lesetja Kganyago

Lesetja Kganyago is a South African economist and central banker. He is the Governor of the Reserve Bank of South Africa (SARB).^[1] He was appointed to that post on 6 October 2014, by Jacob Zuma, the President of the Republic of South Africa (RSA).^[2] He assumed the Governorship of the Reserve Bank of South Africa on 9 November 2014, following the expiry of the term of his predecessor Gill Marcus, on 8 November 2014.^[3]

Background and education

He 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 the SOAS, University of London, obtained in 1994.^{[4] [5]} He also holds numerous certificates, and diplomas in management, economics and finance from Internationally recognized institutions, including the Wits Business School and Harvard University.^[6]

Work history

Beginning in 1996 until 1998, he served as the Director of the South African National Treasury. From 1998 until January 2004, he served as 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.

In 2011, he 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 Reserve Bank of South Africa, replacing the former Bank Governor.

See also

• South African rand

References