SENIOR South African Reserve Bank official Unathi Kamlana has been appointed commissioner of the regulatory authority for the financial sector by finance minister Tito Mboweni.
He will head the Financial Sector Conduct Authority (FSCA) for a period of five years.
Mboweni has also appointed Astrid Ludin as deputy commissioner for a five-year term, saying in a media statement on Thursday that the two positions “are crucial in contributing towards the integrity of financial markets and institutions, and the fair treatment of customers by such institutions”..
“The Minister congratulates Mr Kamlana and Ms Ludin on their appointment to these important positions, which are crucial in contributing towards the integrity of financial markets and institutions, and the fair treatment of customers by such institutions,” National Treasury said in a statement.
“The Minister accepted the recommendations of the Shortlisting Panel, and after consultation with the Deputy Minister of Finance (Dr David Masondo) and
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