Mthuli Ncube

Mthuli Ncube
Minister for Finance & Economic Development
Assumed office
10 September 2018
President Emmerson Mnangagwa
Preceded by Patrick Chinamasa
Personal details
Born 1963 (age 54–55)
Nationality Zimbabwean
Alma mater Cambridge University

Mthuli Ncube (born 1963),[1] is the minister of Finance in the Zimbabwe cabinet appointed by president Emmerson Mnangagwa[2] and past chief economist and Vice President of the African Development Bank.[3][4] He holds a PhD in Mathematical Finance from Cambridge University. On 7 September 2018, President Emmerson Mnangagwa announced Zimbabwe's new cabinet where he also named Professor Mthuli Ncube as the Finance Minister.

Academic career

Before joining the bank, he was dean and professor of finance at Wits Business School and then dean of the faculty of Commerce, Law and Management at the University of the Witwatersrand (Wits) as well as a lecturer in finance at the London School of Economics.

He has published a number of award-winning papers in the area of finance and economics as well as four books. namely: Mathematical Finance; South African Dictionary of Finance; Financial Systems and Monetary Policy in Africa; and Development Dynamics: Theories and Lessons from Zimbabwe; and a book manuscript on Finance and investments in South Africa.

Other work

Ncube was also a regulator and a board member of the South African Financial Services Board (FSB), which regulates non-bank financial institutions in South Africa, founding chairman of Barbican and Selwyn Capital and worked for Investec Asset Management as a Portfolio Manager and Head of Asset Allocation Strategy. his qualifications include BSc (ECON), PhD, MPhil, BScHons

Work at the African Development Bank

Professor Mthuli Ncube. He is the Chief Economist and Vice President of the African Development Bank (AfDB). As Chief Economist, he oversees the Economics Complex, which is focused on the process of knowledge management within the Bank and with its partners, and general strategic economic research within the Bank. In this regard, he supervises the Development Research Department, Statistics Department and African Development Institute. As a Vice President, Professor Mthuli Ncube is a member of the senior management team of the Bank and contributes to its general strategic direction. [5]

Work in other areas

Ncube is also Chairman of the Board of the African Economic Research Consortium, chairman of the Global Agenda Council on "Poverty and Economic Development" (World Economic Forum) and a governor of the African Capacity Building Foundation.

Hon Ncube was appointed Minister of Finance in Zimbabwe on Friday 7 September 2018 under President Emmerson Mnangagwa's government.

Personal life

Ncube is married and has four children..

References

  1. ↑ "Ncube, Mthuli, 1963-". Library of Congress. Retrieved 28 September 2014.
  2. ↑ https://www.reuters.com/article/us-zimbabwe-politics/zimbabwe-mnangagwa-names-former-banker-mthuli-ncube-as-finance-minister-idUSKCN1LN1NW
  3. ↑ Clark, Meagan (15 January 2014). "Sweden's H&M Sets Sail For Africa". International Business Times. Retrieved 24 January 2014.
  4. ↑ "Africa's Middle Class Spearheads Economic Growth". International Monetary Fund. 26 December 2013. Retrieved 24 January 2014.
  5. ↑ "Mnangagwa names #ZimCabinet, appoints African Development Bank Vice President Prof Mthuli Ncube as Finance Minister", Celeb Gossip, 7 September 2018.
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