Diversified Financial Services
Company Overview of South African Reserve Bank
South African Reserve Bank is engaged as the central bank of the Republic and is regulated in terms of the Act of Parliament. The primary objective of the company is the achievement and maintenance of financial stability.
370 Helen Joseph Street
Founded in 1920
Key Executives for South African Reserve Bank
Governor and Member of Board Risk & Ethics Committee
Chief Financial Officer and Head of Financial Services Department
Chief Operating Officer and Chairman of Budget Committee
Compensation as of Fiscal Year 2014.
South African Reserve Bank Key Developments
South African Reserve Bank Announces Management Changes, Effective November 9,2014
Oct 6 14
South Africa's President tapped deputy governor Lesetja Kganyago to lead the country's central bank, hoping to reassure jittery markets after respected governor Gill Marcus resigned. The decision to appoint Mr. Lesetja Kganyago as governor of the South African Reserve Bank with effect of the 9th of November 2014. Kganyago has served as deputy governor of the South African Reserve Bank since May 2011. Previously, he served as director general of the National Treasury. In September, Marcus announced she will not be renewing her five-year term after guiding Africa's most developed economy out of a recession in the wake of the global economic meltdown.
South African Reserve Bank Presents at The 8th Annual Risk & Return South Africa Conference, Mar-12-2014 through Mar-14-2014
Nov 27 13
South African Reserve Bank Presents at The 8th Annual Risk & Return South Africa Conference, Mar-12-2014 through Mar-14-2014. Venue: Cape Town, South Africa. Presentation Date & Speakers: Mar-13-2014, A. Daniel Mminele, Deputy Governer, Head of The Financial Markets Department and Member of Remuneration Committee, Benjamin April, Assistant Head of Risk Management Division, Financial Markets Department. Mar-14-2014, Benjamin April, Assistant Head of Risk Management Division, Financial Markets Department.
South African Reserve Bank Grants Approval for Restructure Plan with Atlatsa Resources Corporation
Oct 11 13
Atlatsa Resources Corporation announced that the Exchange Control division of the South African Reserve Bank has granted the necessary
approvals for the Company to implement its restructure plan with Anglo Platinum relating to Atlatsa and the Bokoni group of companies. These approvals fulfill an important condition precedent for the implementation of the restructure plan, which the parties expect to finalise during October 2013.
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