New deputy for Marcus

Lesetja Kganyago was appointed the new deputy governor of the South African Reserve bank today.

Announcing the appointment at a media briefing, President Jacob Zuma said Kganyago, who was leaving his post as director-general of the National Treasury, was a highly qualified person for the job.

“Kganyago has extensive experience in financial markets and is highly regarded for his extensive knowledge and expertise of the South African and global financial system.”

Kganyago was present at the announcement, together with Reserve Bank Governor Gill Marcus, and Finance Minister Pravin Gordhan. 

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