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Lesetja Kganyago (born 23 June 1965) is an outstanding economist and central banker. He currently holds the prestigious position of Governor of the South African Reserve Bank (SARB).
With a wealth of experience, he has assumed this influential role since 2014, following his term as Deputy Governor of SARB from 2009 to 2014.
In addition to his role as Governor, Lesetja Kganyago is also actively involved as a member of the Monetary Policy Committee and the Financial Stability Committee. His extensive background in finance and economics makes him an invaluable asset to SARB and the South African economy as a whole.
South African economist
Lesetja Kganyago |
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 Lesetja Kganyago: History ‧ Bio ‧ Photos |
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| Wiki Info & About Data | |
| First and last name: | Lesetja Kganyago |
| Born: | October 7, 1965 (58 years old) |
| Place of birth: | Moria, South Africa |
| Nationality: | South Africa |
| Education: | University of South Africa, University of the Witwatersrand, SOAS University of London, Harvard University |
| Height: | 1.61 m |
| Parents: | Mr. and Mrs. Kganyago |
| Siblings: | do not apply |
| Couple: | Zibusiso Kganyago |
| Girlfriend • Partner: | do not apply |
| Children: | 2 |
| Job: | Economist • Banker |
| Net value: | 7 million USD |
Early Life & Education
Lesetja Kganyago, a prominent figure in the business world, was born on June 23, 1965 in Soweto, South Africa. Although he did not complete his studies at University of Witwatersrandhe pursued his studies in University of South Africawhere he successfully obtained a Bachelor of Commerce degree in 1991.
Continuing her educational journey, Lesetja Kganyago earned a Master of Science in Development Economics at the school SOAS, University of Londonin 1994. Demonstrating a commitment to continuous learning, he continued to expand his knowledge with degrees and certifications in management, economics and finance from prestigious institutions, including Harvard University and Wits Business School.
Career
Tito Mboweni, then SARB Governor, appointed Lesetja Kganyago to oversee the bank’s financial stability and monetary policy operations. As Deputy Governor, Kganyago played a key role in formulating and implementing policies aimed at stabilizing the South African economy. In 2014, he assumed the position of Governor, succeeding Gill Marcus, and has since prioritized financial stability and economic growth through prudent monetary policy decisions.
During his time as Deputy Governor, Lesetja Kganyago held various responsibilities, including overseeing monetary policy, financial stability and international relations. His notable contributions led to the development of the South African Reserve Bank’s effective inflation targeting framework, which played a key role in maintaining stable prices. Kganyago was also instrumental in managing South Africa’s response to the 2008 global financial crisis, a challenging period for countries worldwide. His expertise and leadership have proven invaluable to the SARB and South African economies.
In 2014, Lesetja Kganyago was appointed Governor of the South African Reserve Bank and in this capacity he has continuously worked to ensure price and financial stability. His key role in developing and implementing SARB’s strategic initiatives has been instrumental in driving the organization’s pursuit of inclusive growth.
Lesetja Kganyago is widely recognized within the financial industry, boasting extensive knowledge and experience that has contributed to his commendable reputation. He held prominent positions, serving as a member of the Board of Governors of both the Bank for International Settlements and the African Development Bank. Additionally, he was recognized as a member of the Financial Stability Committee of the G20, highlighting his expertise and significant contributions to global financial stability.
Social Media
It should be noted that Lesetja Kganyago, currently Governor of the South African Reserve Bank, must have an active social media account. This lack of visibility on social media platforms may indicate he wants to remain anonymous or focus on other aspects of his professional responsibilities. It remains to be seen whether this opinion will change, but those who want to connect with him online must resort to other means.
- Twitter: @KganyagoLesetja
- LinkedIn: Lesetja Kganyago
- Facebook: Lesetja Kganyago
Personal life
Known to be a decision-maker in personal matters despite his prominent role as Governor of the Central Bank of South Africa, Lesetja Kganyago’s personal life was recently exposed. It was revealed that Lesetja Kganyago is happily married to Zibusiso Kganyago and the couple shares two children.
While the media and the public have discussed and scrutinized the Governor’s professional life, he has kept details about his family life private. At 58 years old, Lesetja Kganyago maintains a balance between her public and private spheres.
Net value
A report released by the South African Institute of Race Relations in 2021 found that the average salary earned by a CEO in South Africa is around ZAR6.2 million, equivalent to around $400,000 earned by Lesetja Kganyago Okay. This information provides context for understanding how much a typical CEO in South Africa earns, but it is important to provide specific details about Lesetja Kganyago’s financial status.
Lesetja Kganyago has amassed an estimated net worth of approximately $7 million.
