AERC Events Portal

Lesetja Kganyango

Lesetja Kganyago was appointed as Governor of the South African Reserve Bank with effect from 9 November 2014.

He had been Deputy Governor of the South African Reserve Bank since May 2011. In this role he was responsible for various areas including Research, Financial Stability, Bank Supervision, Financial Regulatory Reform (introducing the Twin-Peaks regulatory structure), Financial Surveillance (responsible for the regulation of cross-border flows), Risk Management and Compliance; and the He has wide-ranging experience in Macroeconomic Policy formulation, Financial Sector Policy, Public Finance, International Finance, Public Debt Management and Financial Markets. During his tenure as Director-General of the National Treasury, he successfully steered several public finance and financial market reforms. He played a leading role in the fundamental reform of the micro-structure of domestic bond markets, including reforms to the auction system and introduction of new financial instruments such as inflation-linked bonds, buy-backs, switches and STRIPS. During the period, a fundamental reform in management of the national debt portfolio was completed.

Lesetja also led South Africa’s technical team to various G-20 Ministers of Finance & Governors meetings and the Summits (including the inaugural Summit in 2008). He chaired the IMF /WB Development Committee Deputies; the G-20 Working Group on IMF governance reform and was also the vice-chair of the Financial Stability Board’s Standing Committee on Standards Implementation  (FSB SCSI) for a period of four years. Currently, he chairs the Committee of Central Bank Governors (CCBG); Co-chairs the Financial Stability Board Regional Consultative Group for Sub-Saharan Africa (FSB RCG SSA) and chairs the Financial Stability Board Standing Committee on Standards Implementation (FSB SCSI).

Lesetja holds a Master’s 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.

Elizabeth Sidiropoulos

Ms Sidiropoulos is the chief executive of the South African Institute of International Affairs (SAIIA), an independent foreign policy think-tank based in Johannesburg. She holds an MA in International Relations (cum laude) from the University of the Witwatersrand, Johannesburg.

She is a member of the International Advisory Board of the Indian Foreign Affairs Journal, the journal of the Graduate Institute of International Development in Geneva and the Chinese Quarterly of Strategic Studies of the Shanghai Institutes for International Studies (SIIS). She is the editor-in-chief of the South African Journal of International Affairs. Ms Sidiropoulos serves on the World Economic Forum (WEF) Global Agenda Council on the Future of Regional Organisations, and the WEF Think Tank Leaders Forum. Her most recent works include co-edited volumes on Development cooperation and emerging powers: New Partners or Old Patterns (Zed Books, May 2012) and Institutional Architecture & Development: Responses from Emerging Powers (Jacana, June 2015).

Laurence Harris

Laurence Harris, of the School of Finance and Management, SOAS, is Professor of Economics in the University of London.

Laurence’s research interests are in finance, banking, macroeconomics, development economics, and energy economics. He is currently Co-investigator in the ESRC-DFID project on low income countries ‘Delivering Inclusive Financial Development and Growth’ (2016-2020) and Co-investigator in the ESRC-NSFC project ‘Developing financial systems to support sustainable growth in China’ (2017-2020). His work on African economies over the years has particularly included South Africa, Mozambique, Zimbabwe, and Zambia.

Laurence is a Fellow of the Academy of Social Sciences, UK; Non-resident Senior Research Fellow of UNU-WIDER; and Senior Research Fellow of the Oxford Institute for Energy Studies. He is a member of the African Economic Research Consortium network and a member of the AERC Programme Committee.

Sy, Amadou Nicolas Racine

Amadou Sy is a nonresident senior fellow and former director of the Africa Growth Initiative at the Brookings Institution and a member of the Editorial Board of the Global Credit Review. He was previously deputy division chief at the International Monetary Fund. He focuses on banking, capital markets, and macroeconomics in Africa and emerging markets.

Amadou has held a variety of positions at the IMF over the last 15 years, covering more than 20 advanced, developing, and emerging countries and all the financial crises since 1998. In addition to his financial sector and country work, Amadou was deputy chief at the IMF Institute where he coordinated, developed and taught macroeconomics and finance courses to mid- and senior level staff from central banks and ministries of finance in Asia and Africa, as well as the IMF. He also worked on a project to set up a Trust Fund for capacity building in Africa.

His policy work won the runner-up 2011 ICFR-Financial Times Prize for best research on financial regulation. He also edited a book on the management of natural resources wealth, which is used in IMF training courses. Amadou has published in academic and practitioner journals, including the Journal of Banking & Finance, the Review of International Economics, the Journal of African Economies, IMF Staff Papers, the African Development Review, the Emerging Markets Review, the International Review of Financial Analysis, and the Journal of Fixed Income.

Kinandu Maragu

Prof. Kinandu Muragu holds a Ph.D. in Finance from Adam Smith Business School, University of Glasgow, UK. He has been a member of the senior management team of the Central Bank of Kenya for the last nine years and is currently the Executive Director of the Kenya School of Monetary Studies. Prof. Muragu has provided exemplary leadership having headed or worked at senior levels in both private and public sector institutions in Kenya and other countries. He is also a board member in several Kenyan and regional institutions. He also heads the leadership and governance training program for board members of commercial banks and micro-finance institutions in the East Africa region.

Prof. Muragu joined the Central Bank of Kenya from the Kingdom of Lesotho where under World Bank sponsorship he worked as Projects Coordinator, coordinating the Education Sector Development Programme for 9 years. He has consulted for a variety of International organizations such as the World Bank, World Food Programme and UNICEF. He has been the Dean of Finance and Administration and Chief Finance Officer at the United States International University-Africa where he was also Associate Professor of Finance. Prof Muragu also worked in Tanzania as a Senior Consultant for the Eastern and Southern African Institute (ESAMI), one of Africa’s top management institutes. He has also carried out consulting assignments in Kenya, Uganda, Tanzania, Malawi, Zimbabwe and Swaziland. Before joining ESAMI he had lectured at the University of Nairobi for 10 years rising to be a senior lecturer in the Department of Accounting and Finance. Prof. Muragu is also a Fellow of the Institute of Certified Public Accountants of Kenya and had his basic accountancy training at Delloite and Touche and later at Pricewaterhouse and Nyaga Associates.

In his private capacity Prof. Muragu has interest in renewable energy and is a director of Solargen Corporation Limited which is developing a 40MW solar power plant in Kenya. He is also promoting the use of renewable energy by rural households.

Stergomena Tax

In August 2013 Dr. Stergomena Lawrence Tax is the sixth (6th ) Executive Secretary and first (1st ) female Executive Secretary of the Southern African Development Community (SADC). She was appointed on 18 August, 2013 by the SADC Summit of Heads of States and Governments. Dr. Tax has a vast of competences, skills, and experience in Regional integration. She has led and participated in numerous region integration processes, programmes and negotiations, and in a number of bilateral and multilateral negotiations.

Her areas of expertise and experience include; Regional Integration (socio-economic; politics, peace and security); Trade, Finance and Investment; Private Sector
Development; and Policy formulation, analysis and reviews. As the Executive Secretary of SADC, she has successfully led the revision of SADC Regional Integration Strategic Development Plan, SADC Industrialization Strategy and Road Map 2015-2063; SADC conflict resolution and mediation processes; and democracy consolidation processes.

Dr. Tax started her career as a Government Officer in 1990, and severed in a number of Ministries in various positions. She has also worked as a Researcher/Consultant at a the Economic and Social Research Foundation, and as Chief Executive Officer, in the better Regulation Unit, driving and overseeing the implementation of the Business
Environment Strengthening Programme for Tanzania (BEST).

Dr. Tax is a Tanzanian native, she graduated in Doctoral Phil. International Developments and M.Phil. Policy Management and Development Economics from University of Tsukuba in Japan. She also holds Bachelor of Commerce (Finance) and Diploma in Business Administration, attained at the University of Dar-es-Salaam.

Keith Jefferis

Keith Jefferis is development macroeconomist and financial sector specialist. He is Managing Director of Econsult Botswana (Pty) Ltd, and is a former Deputy Governor of the Bank of Botswana. His current activities include work on a range of macroeconomic, financial sector and other development policy issues in Botswana and elsewhere in sub-Saharan Africa, for governments, international organisations, and the private sector. He has served on the Committee of the Botswana Stock Exchange and currently serves on the boards of various financial and non-financial entities in Botswana, Mauritius and Nigeria, including the board of AERC.

Kevin Urama

Prof. Kevin Chika Urama, FAAS is the Senior Advisor to the President of the African Development Bank Group on Inclusive and Green Growth, Strategy, Policy Development & Implementation. Prof. Urama holds a First Class Honors degree and a Master of Science in Agricultural Economics from the University of Nigeria, Nsukka; a Master of Philosophy degree with distinction and a Ph.D. in Land Economy from the University of Cambridge, UK. He won the 2002-2003 James Claydon Prize for the most outstanding Ph.D. thesis in economics or related subjects at the University of Cambridge. He was named the Technology Executive of the Year by the Africa Technology Awards in 2012, adding to the many international prizes and awards he has received for academic excellence and science policy leadership.

Prof. Urama has held various Executive Management positions in the academia, international organizations and in the private sector. He is currently a Fellow of the African Academy of Sciences, Deputy Chairman of the OMFIF Economists Network, an Extra-Ordinary Professor in the School of Public Leadership, Stellenbosch University, South Africa, an Adjunct Professor at the Sir Walter Murdoch School of Public Policy and International Affairs, Murdoch University, Western Australia, and Visiting Professor in the Department of Science, Technology, Engineering and Public Policy, University College London.

He serves on various boards and global research committees with a focus on delivering inclusive and green growth; and the Sustainable Development Goals. His current roles at the African Development Bank includes guiding and supporting Bank-wide efforts on energy, climate change, agriculture and natural resources management, and cross-complex alignment of activities to deliver on the High 5 priorities of the Bank in countries and across regions.

Rabah Arezki

Rabah Arezki is Chief of the Commodities Unit in the IMF’s Research Department. He has written on energy, commodities, international macroeconomics, and development economics. He has led and participated in various IMF missions in Africa, the Middle East, and Central Asia. He is also a non-resident fellow at the Brookings Institution and at the University of Oxford. He has published widely in peer-reviewed journals, co-edited several books and special issues of academic journals. Mr. Arezki is the Editor of the IMF Research Bulletin and an Associate Editor of Revue d’économie du développement. He obtained his M.Sc. from the Ecole Nationale de la Statistique et de l’Administration Economique in Paris, France, and his PhD from the European University Institute, in Florence, Italy.

Tasneem Essop

Tasneem Essop is the Founding Director of the Energy Democracy Initiative in South Africa. Prior to this, she headed the climate work in WWF International. She is also a Commissioner in the National Planning Commission of South Africa. Before joining WWF in 2008, she held the positions of Provincial Minister for the Environment, Planning and Economic Development and Provincial Minister of Transport, Public Works and Property Management in the Western Cape. Before becoming a Member of the Western Cape Provincial Legislature in 1994, she was a trade unionist in COSATU Western Cape. She is a qualified teacher.

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