New Reserve Bank governor announced
·6 Oct 2014
Deputy SA Reserve Bank governor Lesetja Kganyago will succeed Gill Marcus as governor, President Jacob Zuma announced on Monday.
“It is my pleasure today to announce my decision to appoint Mr Lesetja Kganyago,” Zuma said in Pretoria.
Kganyago vowed not to let the country down, and thanked Zuma and the country for their trust in him.
“I’ve got no doubt that eyes will be on me and I want to say I will not disappoint,” he said in Pretoria.
“I do not take this task for granted,” he said, adding that he would continue where Gill Marcus had left off.
He was one of two of Marcus’s deputies, alongside Daniel Mminele.
Marcus would vacate the position on November 8 and Kganyago would assume duties the next day.
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