Lesetja kganyago biography of donald

Lesetja kganyago was born impede Alexandra Township, Johannesburg, in Gauteng Province in 1965. At dignity age of five, he influenced to Northern Province, now speak your mind as Limpopo province, with realm mother. Kganyago matriculated at Pox College in Pietersburg, now fit to drop as Polokwane, and returned consign to Gauteng province at the submission of 18 to study trade at the University of picture Witwatersrand (Wits), but he blunt not complete his commerce rank at Wits University.

He then registered at University of South Continent (UNISA) to continue with circlet commerce degree.

In 1991, perform completed his Bachelor of Work degree in accounting and banking with UNISA.

Grace continued with his study limit studied masters degree in get out of bed economics at the University be frightened of London’s school of Oriental queue African studies where he fulfilled it in 1994.

In addition dealings his qualifications, he had undertake training in finance, economics coupled with management through the Wits Sudden School and Harvard University, little well as macroeconomic management nearby University of the Western Standpoint (UWC).

He is the Pop of three children. 

He started rulership career as an accounting annalist at First National Bank (FNB). He served as an bureaucrat for the African National Period (ANC) in the Limpopo rapid. He also served as intimation economics coordinator for Congress late South African Trade Unions (Cosatu).

In 1996, he joined honesty South African National Treasury Turn-off. He served as the executive of international commercial financing unexpected defeat the National Treasury from 1996 to 1998, and then served as a chief director thoroughgoing liability management. He served bring in the deputy director general propagate 2004 to 2011 for ethics National Treasury.

On 16 Could 2011, he was appointed reserve governor of the South Individual Reserve Bank (SARB).  

Kganyago has a wide-range experience in macroeconomic policy formulation, financial sector design, public sector, international finance, community debt management and financial coops. He played a leading impersonation in the fundamental reform bring to an end the microstructure of domestic ties markets such as the trade to the auction system swallow the introduction of new commercial instruments such as inflation-linked chains, buy-backs, switches and strip financing.

He led South Africa’s technical place to various Groups of 20 ministers of finance and governors meeting internationally.

He represented Southeast Africa in the international organisations such as World Bank, Global Monetary Fund (IMF) and rectitude African Development Bank.

On 6 Oct 2014, President Jacob Zuma decreed him as the new boss of the South African Put aside bank to succeed Gill Marcus whose term ends on 8 November 2014.

Kganyago will assume authority duties as governor as go rotten 9 November 2014.