Governor of the South African Reserve Bank (SARB), Lesetja Kganyago has been unanimously elected to the office of Chancellor of Stellenbosch University. <\/p>\n\n\n\n
This follows the end of Justice Edwin Cameron\u2019s term in December 2024. <\/p>\n\n\n\n
A chancellor is the titular or ceremonial head of a university, while a vice-chancellor is akin to the chief executive officer. <\/p>\n\n\n\n
The current vice chancellor of SU is Professor Wim de Villiers.<\/p>\n\n\n\n
Chancellors usually preside over major ceremonies and confer degrees and awards in the name of the university. <\/p>\n\n\n\n
The term of office of the chancellor is five years, and they may be elected again for one more consecutive term only.<\/p>\n\n\n\n
Kganyago was first appointed governor of the South African Reserve Bank with effect from 9 November 2014. <\/p>\n\n\n\n
He was reappointed by President Cyril Ramaphosa for a second five-year term effective 9 November 2019, and again for another five-year term effective 9 November 2024.<\/p>\n\n\n\n
He had been a Deputy Governor of the South African Reserve Bank since May 2011.<\/p>\n\n\n\n
Kganyago received an honorary doctorate (Doctor of Commerce (DCom) honoris causa) from SU in 2018 and is viewed as one of the finest public-policy minds in the country, the university said.<\/p>\n\n\n\n
In December 2020, Nelson Mandela University also conferred upon him an honorary Doctorate of Commerce.<\/p>\n\n\n\n
He holds a Master of Science degree in development economics from London University (School of Oriental and African Studies) and a Bachelor of Commerce degree in accounting and economics from the University of South Africa.<\/p>\n\n\n\n
De Villiers said Kganyago’s appointment will inspire a generation of students.<\/p>\n\n\n\n
“With his unparalleled expertise in economics, finance and leadership, combined with his steadfast dedication to public service, he embodies the qualities we deeply value as an institution. I have no doubt that hewill inspire our University community.\u201d<\/p>\n\n\n\n
Kganyago will assume office on Friday (24 January), which will also mark the start of his five-year term.<\/p>\n","protected":false},"excerpt":{"rendered":"
Reserve Bank Governor Lesetja Kganyago has been elected as the titular head of Stellenbosch University for the next five years.<\/p>\n","protected":false},"author":10,"featured_media":644029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9876],"tags":[8927,6896],"class_list":["post-808523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-lesetja-kganyago","tag-stellenbosch-university"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=808523"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808523\/revisions"}],"predecessor-version":[{"id":808526,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/808523\/revisions\/808526"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/644029"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=808523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=808523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=808523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}