Fundi Tshazibana
Nomfundo Tshazibana | |
|---|---|
| Born | circa 1977 Benoni, Gauteng, South Africa |
| Other names | Fundi Tshazibana |
| Occupation(s) | Economist, Banker |
| Years active | 2003–present |
| Known for | Deputy Governor of the South African Reserve Bank; CEO of Prudential Authority; IMF Alternate Executive Director for Africa Group 1 constituency |
Nomfundo Tshazibana (born circa 1977), commonly referred to as Fundi Tshazibana, is a South African economist who has held the position of Deputy Governor at the South African Reserve Bank since 10 July 2019. Prior to this appointment, she served as an adviser to the Governor starting in February 2018.
Between 2015 and 2018, Tshazibana represented 23 Sub-Saharan African nations, including South Africa, as the Alternate Executive Director at the International Monetary Fund based in Washington, DC.
Early life and education
Originating from South Africa around 1977, Tshazibana was raised in Benoni, Gauteng, located roughly 40 kilometers east of Johannesburg. Demonstrating academic excellence, she completed her secondary education at age 15 and obtained a Bachelor of Commerce degree from the University of Natal (presently University of KwaZulu-Natal) by the age of 18. Additionally, she earned a Master of Commerce in Economics from the same institution and holds a Master of Business Leadership from the University of South Africa.
Career
While pursuing her postgraduate studies, Tshazibana gained practical experience as a market research trainee for two years at Kantar TNS, an international market research company. She subsequently worked for three and a half years as a staff economist at the National Energy Regulator of South Africa (NERSA).
In 2003, Tshazibana joined the South African National Treasury, affiliated with the Ministry of Finance, where she remained for twelve years. Beginning her tenure as Director of Micro-Economic Policy, she eventually advanced to the role of Director General for Economic Policy Analysis and Forecasting by 2015.
From 2015 until 2018, she acted as the lead analyst for South Africa and an additional 22 Sub-Saharan countries within the International Monetary Fund’s Africa Group 1 Constituency Office in Washington, DC.
Her appointment as Adviser to the Governor at the South African Reserve Bank came in 2018, where she also became a member of its Monetary Policy Committee (MPC). By January 2019, Tshazibana was a candidate to succeed Deputy Governor Francois Groepe and officially assumed the Deputy Governor role on 10 July 2019.
On 1 April 2022, Tshazibana shifted responsibilities from managing the Markets and International Cluster to becoming chief executive officer of the Prudential Authority (PA). In this capacity, she leads SARB’s Prudential Cluster, which encompasses the Financial Surveillance Department. She maintains her position as Deputy Governor and continues her involvement with the MPC.
Personal life
Fundi Tshazibana is married and has two children.