|Minister for Finance & Economic Development|
|Assumed office |
10 September 2018
|Preceded by||Patrick Chinamasa|
|Born||1963 (age 55–56)|
|Alma mater||Cambridge University|
Mthuli Ncube (born 1963), is the minister of Finance in the Zimbabwe cabinet appointed by president Emmerson Mnangagwa and past chief economist and Vice President of the African Development Bank. He holds a PhD in Mathematical Finance from Cambridge University. On 7 September 2018, President Emmerson Mnangagwa announced Zimbabwe's new cabinet where he named Professor Mthuli Ncube as the Finance Minister.
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 a number of books including, Mathematical Finance: Option and Asset Pricing; South African Dictionary of Finance (editor); Financial Systems and Monetary Policy in Africa; Development Dynamics: Theories and Lessons from Zimbabwe; and Monetary Policy and the Economy in South Africa (with Eliphas Ndou).
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.
Work at the African Development Bank
Ncube was the Chief Economist and Vice President of the African Development Bank (AfDB). As Chief Economist, he oversaw 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 supervised the Development Research Department, Statistics Department and African Development Institute. As a Vice President, Professor Mthuli Ncube was a member of the senior management team of the Bank and contributed to its general strategic direction.
Work in other areas
Ncube has also been 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.
Ncube is married and has four children.
Notes and references
- "Ncube, Mthuli, 1963-". Library of Congress. Retrieved 28 September 2014.
- Dzirutwe, MacDonald (7 September 2018). "Zimbabwe's Mnangagwa names ex-banker Mthuli Ncube finance minister". Reuters. Archived from the original on 8 September 2018.
- Clark, Meagan (15 January 2014). "Sweden's H&M Sets Sail For Africa". International Business Times. Archived from the original on 22 January 2014.
- "Africa's Middle Class Spearheads Economic Growth". International Monetary Fund. 26 December 2013. Archived from the original on 5 January 2014.
- "Mnangagwa names #ZimCabinet, appoints African Development Bank Vice President Prof Mthuli Ncube as Finance Minister". Celeb Gossip News. 7 September 2018. Archived from the original on 7 September 2018.
- Ncube, Mthuli (2010). Mathematical Finance: Option and Asset Pricing. Sandton, Johannesburg, South Africa: Heinemann. ISBN 978-0-7962-3386-8., no reviews found.
- Wuite, Rudy (2009). Ncube, Mthuli (ed.). South African Dictionary of Finance. Northcliff, South Africa: Rollerbird Press. ISBN 978-1-920334-02-4.
- Ncube, Mthuli (2008). Financial Systems and Monetary Policy in Africa. Nairobi, Kenya: African Economic Research Consortium. ISBN 978-9966-778-30-7., no reviews found.
- Ncube, Mthuli (1991). Development Dynamics: Theories and Lessons from Zimbabwe. Aldershot, Haunts, England: Avebury. ISBN 978-1-85628-087-7., no reviews found.
- Ncube, Mthuli; Ndou, Eliphas (2013). Monetary Policy and the Economy in South Africa. London: Palgrave Macmillan. ISBN 978-1-137-33414-5.
- "Mthuli Ncube, visiting professor 2017–2020". University of Oxford. Archived from the original on 29 October 2018.
- "Mthuli Ncube, Vice President and Chief Economist" (PDF). Distinguished Lecture Series. Vibrant Media.