South Africa central bank governor appointed head of IMF committee

By Kitco News / January 18, 2018 / www.kitco.com / Article Link

JOHANNESBURG, Jan 18 (Reuters) - The governor of South Africa's central bank, Lesetja Kganyago, has been appointed head of the International Monetary Fund's Monetary and Financial Committee, the global lender said on Thursday.

Kganyago, governor of the South African Reserve Bank since 2014, will serve a three-year term on the IMF committee, beginning immediately.

He replaces former governor of the Mexican central bank Agust?-n Carstens as chairman of the committee, which advises the IMF Board of Governors on the supervision and management of the international monetary and financial system.

Kganyago will stay on as governor of South Africa's central bank, where his term as governor expires in 2019.


(Reporting by Mfuneko Toyana; Editing by Alexander Winning)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

US tariff hikes shock market and drive retaliation

February 03, 2025 / www.canadianminingreport.com

Defensives and other sectors far outpace tech since H2/24

February 03, 2025 / www.canadianminingreport.com

Gold miner stock ETFs outpace rest of sector from mid-2024

January 27, 2025 / www.canadianminingreport.com

Gold stocks outpace broader equity gains

January 27, 2025 / www.canadianminingreport.com

Gold stocks rise but lag broader equity gains

January 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok