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Kganyago re-appointed as Reserve Bank governor

Fin24 2019-07-10 17:08:38

President Cyril Ramaphosa has re-appointed Lesetja Kganyago as governor of the SA Reserve Bank, the Ministry of Finance has said in a statement.

Kganyago will serve another five years, effective from November 9, 2019.

Fundi Tshazibana and Rashad Cassim have been appointed as deputies.

Tshazibana is currently the Adviser to the Governors of the SARB and holds a Master’s of Commerce degree in Economics, while Dr Cassim is currently Head of Economic Research and Statistics at the SARB, and holds a PhD in Economics.

Mboweni said of the appointments: "We congratulate the appointees and look forward to working with them. We need not remind them of the tough economic and fiscal circumstances facing South Africa at the current moment. They have my full support and confidence that they will take South Africa forward as we move to bring development to our people."