Lesetja Kganyago (born 7 October 1965) is a South African banker and economist who serves as the the Governor of the South African Reserve Bank (SARB).
He had previously served as the Deputy Governor, South African Reserve Bank and was appointed Governor by former President Jacob Zuma on 6 October 2014.
Lesetja Kganyago Age
He was born on 7 October 1965 in Boyne, Limpopo, South Africa. Kganyago is 58 years old as of 2023 and celebrates his birthday on October 7th every year.
Lesetja Kganyago Education
He started his tertiary education at the University of Witwatersrand, but had to leave before graduating. Kganyago 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. He also holds numerous certificates, and diplomas in management, economics and finance from Internationally recognized institutions, including the Wits Business School and Harvard University.
Lesetja Kganyago Wife
He is the married to Zibusiso Kganyago.
Lesetja Kganyago 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.
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.
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).
In 2019, President Cyril Ramaphosa re-appointed Kganyago for another five-year term.
Other Activities
- International Monetary Fund (IMF), Chairman of the International Monetary and Financial Committee (since 2018)
- Financial Stability Board (FSB), Member of the Regional Consultative Group for Sub-Saharan Africa
- Association of African Central Bankers, Chairman
- Southern African Development Community (SADC), Chair of the Committee of Central Bank Governors
Awards
- Eurobond Deal of the Year, The International Financing Review
- South African Institute of Race Relations Scholarship, The Barclays Bank
- Helen Suzman Leadership Award, The British Council
Lesetja Kganyago Net Worth
With an estimated salary of 7 million rand, Kganyago is known to be a wealthy man. Kganyago was rumoured to own 500,000 shares in Capitec that were estimated to have a value of R445 million.
