Lesetja Kganyago was appointed Governor of the South African Reserve Bank (SARB) with effect from 9 November 2014. He was reappointed by the President of South Africa for a second five-year term with effect from 9 November 2019. Prior to his appointment as Governor, Lesetja served as Deputy Governor of the SARB from 16 May 2011 until his appointment as Governor.

Lesetja chairs the Committee of Central Bank Governors (CCBG) of the Southern African Development Community (SADC), and co-chairs the Financial Stability Board’s Cross-Border Payments Coordination Group (CPC) and Regional Consultative Group for Sub-Saharan Africa (RGG-SSA). In addition, he served as the Chairperson of the International Monetary and Financial Committee, which is the primary advisory board to the International Monetary Fund (IMF) Board of Governors, from 18 January 2018 to 17 January 2021.

Before joining the SARB, Lesetja was the Director-General of the National Treasury of South Africa. He represented South Africa at international organisations such as the World Bank, the IMF, the Group of Twenty (G20) and the African Development Bank. In this role, he served as the Chair of the Development Committee Deputies and co-chaired a G20 Working Group on the reform of the IMF.

He holds an MSc in Economics from SOAS University of London, a BCom degree in Economics and Accounting from the University of South Africa as well as DCom degrees from Stellenbosch University and the Nelson Mandela University. He has also received various training in finance, economics and management.

Raphael W Bostic took office on 5 June 2017 as the 15th President and Chief Executive Officer of the Federal Reserve Bank of Atlanta. He is responsible for all the Bank's activities, including monetary policy, bank supervision and regulation and payment services. In 2024 he will serve as a voting member on the Federal Open Market Committee (FOMC), the monetary policymaking body of the Federal Reserve System.

Before joining the Federal Reserve Bank of Atlanta, Raphael served as the Judith and John Bedrosian Chair in Governance and the Public Enterprise at the Sol Price School of Public Policy at the University of Southern California (USC). Before that, he served as a Professor in USC’s School of Policy, Planning and Development. His research spanned many fields, including home ownership, housing finance, neighbourhood change, and the role of institutions in shaping policy effectiveness. He was Director of USC's Master of Real Estate Development degree programmme and was the founding director of the Casden Real Estate Economics Forecast.

Raphael graduated from Harvard University with a combined major in Economics and Psychology. He earned his PhD in Economics from Stanford University.

Huw Pill is the Bank of England’s (BoE) Chief Economist and Executive Director for Monetary Analysis and Research. He is a member of the Monetary Policy Committee. Huw is responsible for the analysis used to make monetary policy decisions. He also leads the research that supports all of the BoE’s other functions.

Previously, Huw was the Chief European Economist at Goldman Sachs (2011‒18). Before that, he worked at the European Central Bank (ECB) in Frankfurt. During his tenure at the ECB he served as the Deputy Director of Research (2009‒11), Head of the Monetary Policy Stance Division (2004‒09) and worked in the Strategic Policy Issues Unit (1998‒2001).

Huw was also a member of the faculty at Harvard Business School (1995‒98, 2001‒04, 2019‒21). At the start of his career, he worked as an economist in the BoE’s then Economics Division (1990‒92).

Huw has a BA (Hons) from the University of Oxford and an MA and PhD from Stanford University.

Giovani Ricco is Professor of Economics at the Centre for Research in Economics and Statistics (CREST) at École Polytechnique and at the University of Warwick. He is also a Research Fellow  at Observatoire Français des Conjonctures Économiques (OFCE) - SciencesPo, as well as a Centre for Economic Policy Research (CEPR) Research Affiliate, an Economic Research Southern Africa (ERSA) International Research Fellow and a SARB Research Fellow.

Giovanni is the Associate Editor at the European Economic Review.

He holds a PhD in Economics from the London Business School and a PhD in Physics from the University of Pisa. His main research interests lie in the fields of empirical macroeconomics and time-series econometrics.

Rashad Cassim is a deputy governor of the SARB and a member of the Monetary Policy Committee and Financial Stability Committee. He oversees the Financial Markets and International Cluster, responsible for financial markets, international economic relations and policy, and legal services. Before the rotation of deputy governors on 1 April 2022, he oversaw the Financial Stability and Currency Cluster. He was also the Chairperson of the Irving Fisher Committee on Central Bank Statistics under the auspices of the BIS for a three-year period between 2019 and 2022.

Before his appointment as Deputy Governor, Rashad was the Head of the Economic Research and Statistics Department, responsible for macroeconomic statistics, research, analysis and forecasting. Prior to joining the SARB, he served as the Deputy Director-General at Statistics South Africa, responsible for economic statistics.  Before that, he was a professor and Head of the School of Economics and Business Sciences at the University of the Witwatersrand (Wits). He has also held various research and academic positions at the University of Cape Town (UCT).

Rashad holds a PhD in Economics from UCT.

Atif Mian is the John H Laporte, Junior Class of 1967 Professor of Economics, Public Policy and Finance at Princeton University, where he is also the Director of the Julis-Rabinowitz Center for Public Policy and Finance at the School of Public and International Affairs. He also co-founded the Centre for Economic Research in Pakistan (CERP) in 2007 ‒ a non-profit research institute dedicated to economic research, teaching and innovation.

Atif has a Bachelor’s degree in Mathematics with Computer Science from the Massachusetts Institute of Technology (MIT) and a PhD in Economics, also from MIT. Before joining Princeton University, he taught at the University of California, Berkeley and the University of Chicago Booth School of Business. His research focuses on finance and macroeconomics, and he is the co-author of the book House of Debt with Amir Sufi.

Chris Loewald is the Head of Economic Research at the SARB, which is responsible for research, forecasting, global economic analysis, and the SARB’s Monetary Policy Review. He is a member of the SARB’s Monetary Policy and Financial Stability committees.

Prior to joining the SARB in 2011, he spent 13 years at National Treasury in various senior policy roles, including Acting Head of the Budget Office (2005‒06) and Deputy Director-General for Economic Policy (2006‒11).

He holds an MA and PhD in International Economics and European Studies from Johns Hopkins University’s School of Advanced International Studies.

Together with the policy studies teams, Luiz de Mello provides leadership and strategic direction within the Organisation for Economic Co-operation and Development’s (OECD) Economics Department, ensuring the design and implementation of analysis and policies that promote stronger, cleaner, fairer and more inclusive economic growth for member and partner countries. Structural policy surveillance, short- and long-term economic outlooks, public finance and macroeconomic policy analysis are among the key workstreams for policy studies.

Earlier in his career, Luiz held senior positions at the OECD, including Deputy-Director of the Public Governance Directorate, and Chief of Staff and Counsellor to the Chief Economist. Prior to joining the OECD, he worked as a Senior Economist at the Fiscal Affairs Department of the IMF, and as a Lecturer at the Economics Department of the University of Kent in the UK.

Luiz holds a PhD in Economics from the University of Kent.

Suzi Kerr is a Senior Vice President and the Chief Economist at the Environmental Defense Fund.  She was, until May 2019, a Senior Fellow, and from 1998 to 2009, the Founding Director at Motu Research in New Zealand.

She has also worked at the University of Maryland, College Park; Resources for the Future (an independent, non-profit research institution in Washington, DC), and the Joint Program on the Science and Policy of Global Change at MIT. 

She was a Visiting Professor at Stanford University for the 2009/10 financial year, and at the University of the Andes in Bogotá, Colombia in the first half of 2014. In 2018, she was President of the Australasian Agricultural and Resource Economics Society. Her research work focuses on domestic and international climate-change mitigation policy with special emphasis on emissions pricing and natural climate solutions.

She is the leader of the international ‘Climate Action Teams’ initiative and a member of the advisory boards for the Climate Econometrics Group at Oxford and the International Emissions Trading Association’s ‘Markets for Natural Climate Solutions’ initiative. 

Suzi holds a PhD in Economics from Harvard University.

Fundi Tshazibana is a deputy governor of the SARB, the Chief Executive Officer (CEO) of the Prudential Authority and a member of the Monetary Policy Committee. The Prudential Authority regulates banks, insurers, cooperative financial institutions, financial conglomerates and certain market infrastructures. As CEO of the Prudential Authority, Fundi leads the Prudential Cluster of the SARB, which includes the Financial Surveillance Department and the departments within the Prudential Authority.

Before the rotation of the deputy governors on 1 April 2022, she oversaw the Financial Markets and International Cluster and chaired the Board of the Corporation for Public Deposits. Fundi joined the SARB in 2018 as Adviser to the Governor and was appointed as a deputy governor in 2019 by the President.

She is an economist with extensive experience in public policy formulation and analysis, having worked at multiple local and international institutions, including National Treasury, the National Energy Regulator of South Africa (NERSA) and the IMF.

At the IMF, she was an alternate executive director on the Executive Board, which runs the day-to-day operations of the IMF. Prior to joining the IMF, Fundi was a deputy director-general at National Treasury, where she was responsible for macroeconomic policy and economic forecasting. At NERSA, she worked as a senior policy analyst.

She holds a Bachelor of Economics (Honours) degree and a MCom degree in Economics from the University of KwaZulu-Natal.

With a distinguished career spanning several decades, Nicola Viegi has made significant contributions through his research, teaching and leadership roles.  His research areas are monetary economics, economic policy theory, monetary fiscal policy interdependence, political economy of monetary institutions, economic policy under uncertainty assets prices and monetary policy, regional integration in Africa, political economy of government debt, the economics of colonisation and decolonisation, macromodelling for emerging countries, and economic growth and institutions.

A graduate of the Scottish Doctoral Program, he has worked at the University of Strathclyde as well as the University of KwaZulu-Natal and the University of Cape Town as Associate Professor in Economics. He has held visiting positions at the Toulouse Business School, University of Malta, Fordham University and De Nederlandsche Bank. From 2007 to 2021 he held the position of Deputy Director of Economic Research Southern Africa and is currently coordinating the Economic Research Southern Africa (ERSA)‒South African Modelling Network (SAMNet) programme, aimed at promoting South African macromodelling.

Edgar Sishi is the Deputy Director-General: Budget Office at the National Treasury of South Africa.

Previously, he was Acting Head of the Office of the Deputy Minister of Finance (2019–2020). Before that, he held the position of Senior Adviser on the Executive Board of the IMF from 2016 to 2019.

Edgar began his career in the public service in 2007 in the Intergovernmental Relations Division of the National Treasury, having previously worked as Regional Manager at Eskom since 1998.

He holds a Bachelor of Economics degree from Rhodes University and an MSc in Economic Policy from SOAS University of London.

Thabi Leoka is an Economist who runs her own economic consulting and advisory company, Naha Investments. She is also affiliated with the Finance for Development Lab (FDL), a research institute based at the Paris School of Economics. Thabi has worked for various organisations in the financial sector for over 20 years. She was appointed to the Presidential Economic Advisory Council in 2019. Thabi sits on various corporate boards. She also sits on the Statistics South Africa (Stats SA) Council where she chairs the Economic Statistics Committee. She was appointed by the Minister of Finance in 2018 to review the zero-rated products in order to support the poor and vulnerable in South Africa. 

Thabi started her career as an Economist at Investec Asset Management in South Africa and London. She has also worked as an Emerging Markets Economist at Barclays Capital in London and Head of Economic Research, SA at Standard Bank, and the Chief Economist for SA at Renaissance Capital.

Thabi holds an MSc in Economics and Economic History from the London School of Economics, and an MA (Distinction) from Wits. Thabi was named the Economist of the Year 2017 by the Association of Black Securities and Investment Professionals (ABSIP). She writes for various publications, both in South Africa and internationally.

Chris Loewald is the Head of Economic Research at the SARB, which is responsible for research, forecasting, global economic analysis, and the SARB’s Monetary Policy Review. He is a member of the SARB’s Monetary Policy and Financial Stability committees.

Prior to joining the SARB in 2011, he spent 13 years at National Treasury in various senior policy roles, including Acting Head of the Budget Office (2005‒06) and Deputy Director-General for Economic Policy (2006‒11).

He holds an MA and PhD in International Economics and European Studies from Johns Hopkins University’s School of Advanced International Studies.