Reserve Bank Governor to steer International and Monetary Financial Committee | Fin24
 
In partnership with
Loading...

Reserve Bank Governor to steer International and Monetary Financial Committee

Jan 18 2018 18:26
Lameez Omarjee

Cape Town – Reserve Bank Governor Lesetja Kganyago has been appointed chair of the International Monetary and Financial Committee (IMFC).

The Reserve Bank made the announcement in a statement on Thursday afternoon.

Kganyago will serve as chair of the committee for a three-year term, effective from January 18, according to the statement.

The IMFC consists of finance ministers, central bank governors and is the primay advisory body of the IMF board of governors and deliberates on principal policy issues facing the IMF, the Reserve Bank explained. 

The IMFC meets twice a year, during April and at the annual meetings of the IMF and World Bank in October.

Last year Kganyago was named Central Bank Governor of the Year for Sub-Saharan Africa.


* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

sarb  |  mpc  |  lesetja kganyago  |  sa economy  |  interest rates  |  repo rate
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you switch to a bank that rewarded you for 'good' financial behaviour?

Previous results · Suggest a vote

Loading...