Matshe named RBZ deputy | the herald


the herald

business journalist

PRESIDENT Mnangagwa has appointed Dr Innocent Matshe as Deputy Governor of the Reserve Bank of Zimbabwe (RBZ), following the retirement of Dr Kupukile Mlambo.

Dr. Mlambo’s tenure ended on June 30 this year.

In a letter to central bank staff, RBZ Governor Dr. John Mangudya confirmed the appointment.

“I would like to inform the staff of the appointment of Dr Innocent Matshe, by His Excellency the President of Zimbabwe under Section 14 of the Reserve Bank of Zimbabwe Act (Chapter 22:15), as Deputy governor effective October 1, 2022,” he said.

“He joins the bank following the retirement of Dr Kupukile Mlambo whose term expired on June 30, 2022.

“Dr. Matshe brings to the bank a wealth of experience gained through his tremendous service with the following organizations prior to joining the Bank: African Economic Research Council (AERC), World Bank Consultant, Senior Researcher at the Research Council on Humanities (South Africa), Chair of the Department of Economics at the University of Zimbabwe, to name but a few. »

Dr. Matshe is a highly specialized expert in applied and policy economic analysis and has a particular inclination for macroeconomic linkages and digital finance.

His expertise should help the bank in the functional areas of research, administration and IT.

Dr. Matshe has worked with various international organizations and academia.

He specializes in applied and policy-relevant research in economic development and the digital economy.

An economist with 17 years of experience in university teaching and research in microeconomics, agricultural and development economics, information systems and digitization, Dr. Matshe is also the chairman of the Digital Economy – Committee for the Economy FIA Pan-African Digital.

He holds a PhD in Economics from the University of Manchester.

Dr Matshe’s predecessor, Dr Mlambo, joined the RBZ in July 2012 from the African Development Bank where he rose from the rank of Principal Economist in 1997 to Regional Director in January 2012.

He was in charge of country strategy formulation, country portfolio programming and management as well as leading policy dialogue in seven East African countries.

Dr. Mlambo’s areas of expertise include macroeconomic and exchange rate policy, economic growth, finance, investment, productivity growth and efficiency analysis.

He has published articles in referenced journals.

He holds a PhD in Economics from the University of Gothenburg in Sweden and a Masters in Economics from the University of Zimbabwe.

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