Boko appoints deputy governor of Bank of Botswana

Staff Writer | Thursday February 6, 2025 16:37

The appointment of Mr Moseki is in accordance with the requirements of Section 13 of the Bank of Botswana Act, Cap 55:01 as read with Bank of Botswana (Amendment) Act, 2022, that empowers the President, in consultation with the Minister of Finance, to appoint a Deputy Governor of the Bank, who shall be a person of recognised experience in economics and financial matters. The Deputy Governor’s appointment is for a term not exceeding five years and shall be eligiblefor re-appointment for a further term not exceeding five years.

Mr. Moseki joined the Bank in September 1994 as an Assistant Supervisor working in the Foreign Exchange Reserves Management Unit of the Bank. He rose through the ranks to Director of the Financial Markets Department effective September 2020. Mr Moseki holds a Bachelor's Degree in Economics from the University of Botswana, an Associate Diploma in Banking 1 and 2 from the then Institute of Bankers (now Botswana Institute of Banking and Finance) and a Master of Science in Money, Banking, and Finance from the University of Birmingham, United Kingdom, obtained in 1994, 1996, and 1998, respectively. He has attended several professional courses and seminars in central banking, leadership (Oxford Business School), foreign exchange reserves management, and financial markets. The Bank of Botswana Board, Management, and Staff congratulate Mr Lesego Caster Moseki on his appointment and look forward to his valuable contributions towards organisational leadership of the Bank and attainment of its mandate (including price stability and safeguarding integrity of the financial and payments systems).