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)

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