Difference between revisions of "Lesetja Kganyago"

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'''Lesetja Kganyago''' is a South African [[central banker]] and [[economist]].  He is the [[Governor of the South African Reserve Bank|Governor]] of the [[South African Reserve Bank]] (SARB).<ref>http://banknotes.resbank.co.za/about/about-sarb</ref> He was appointed to that post on 6 October 2014, by [[Jacob Zuma]], the former President of the [[Republic of South Africa]] (RSA).<ref>http://www.bdlive.co.za/economy/2014/10/06/lesetja-kganyago-appointed-new-governor-of-reserve-bank</ref>
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==Background and education==
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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| Master of Science in Development Economics]], from [[SOAS, University of London]], obtained in 1994.<ref name="4R">https://www.soas.ac.uk/news/newsitem95882.html</ref><ref name="5R">http://www.fsb.org/profile/lesetja-kganyago/</ref> He also holds diplomas in management, economics and finance, including the [[Wits Business School]] and [[Harvard University]].<ref name="6R">http://drum.co.za/news/getting-to-know-lesetja-kganyago/</ref>
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==Career==
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Beginning in 1996 until 1998, Kganyago 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.<ref name="7R">https://mg.co.za/article/2014-10-06-tough-task-awaits-new-reserve-bank-boss-lesetja-kganyago </ref>
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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.<ref name="7R"/>
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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).<ref name="9R">https://www.imf.org/en/News/Articles/2018/01/18/pr1805-imfc-selects-south-african-reserve-bank-governor-lesetja-kganyago-as-new-chairman </ref><ref>[https://www.imf.org/en/News/Articles/2020/12/17/pr20372-imfc-selects-swedens-minister-for-finance-magdalena-andersson-as-new-chair IMFC Selects Sweden’s Minister for Finance Magdalena Andersson as New Chair] [[International Monetary Fund]] (IMF), press release of December 17, 2020.</ref>
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In 2019, [[President of South Africa|President]] [[Cyril Ramaphosa]] re-appointed Kganyago for another five-year term.<ref>Alexander Winning (July 10, 2019), [https://www.reuters.com/article/safrica-cenbank/south-africa-central-bank-governor-re-appointed-for-another-5-years-idUSJ8N1XA01I South Africa central bank governor re-appointed for another 5 years] ''[[Reuters]]''.</ref>
 
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==References==
 
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Latest revision as of 14:39, 15 January 2023

Person.png Lesetja Kganyago   TwitterRdf-entity.pngRdf-icon.png
(central banker, economist)
Lesetja Kganyago.jpg
Born7 October 1965
Boyne, Limpopo, South Africa
NationalitySouth African
Alma materUniversity of South Africa, School of Oriental and African Studies

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 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.[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]

 

Events Participated in

EventStartEndLocation(s)Description
WEF/Annual Meeting/201620 January 201623 January 2016World Economic Forum
Switzerland		Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values".
WEF/Annual Meeting/201717 January 201720 January 2017World Economic Forum
Switzerland		2950 known participants, including prominently Bill Gates. "Offers a platform for the most effective and engaged leaders to achieve common goals for greater societal leadership."
WEF/Annual Meeting/201922 January 201925 January 2019World Economic Forum
Switzerland		"The reality is that we are in a Cold War [against China] that threatens to turn into a hot one."
WEF/Annual Meeting/202021 January 202024 January 2020World Economic Forum
Switzerland		This mega-summit of the world's ruling class and their political and media appendages happens every year, but 2020 was special, as the continuous corporate media coverage of COVID-19 started more or less from one day to the next on 20/21 January 2020, coinciding with the start of the meeting.
WEF/Annual Meeting/202316 January 202320 January 2023World Economic Forum
Switzerland		The theme of the meeting was "Cooperation in a Fragmented World"
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References

  1. ↑ http://banknotes.resbank.co.za/about/about-sarb
  2. ↑ http://www.bdlive.co.za/economy/2014/10/06/lesetja-kganyago-appointed-new-governor-of-reserve-bank
  3. ↑ https://www.soas.ac.uk/news/newsitem95882.html
  4. ↑ http://www.fsb.org/profile/lesetja-kganyago/
  5. ↑ http://drum.co.za/news/getting-to-know-lesetja-kganyago/
  6. ↑ a b https://mg.co.za/article/2014-10-06-tough-task-awaits-new-reserve-bank-boss-lesetja-kganyago
  7. ↑ https://www.imf.org/en/News/Articles/2018/01/18/pr1805-imfc-selects-south-african-reserve-bank-governor-lesetja-kganyago-as-new-chairman
  8. ↑ IMFC Selects Sweden’s Minister for Finance Magdalena Andersson as New Chair International Monetary Fund (IMF), press release of December 17, 2020.
  9. ↑ Alexander Winning (July 10, 2019), South Africa central bank governor re-appointed for another 5 years Reuters.
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