President Jacob Zuma has extended his gratitude and that of government to the outgoing Governor of the South African Reserve Bank, Ms Gill Marcus.

The term of Ms Marcus expires at the end of November 2014.

“We wish to thank the Governor for her excellent service and leadership.  She has steered the Bank during the difficult periods of the global economic and financial recession and ensured the achievement and maintenance of stability. We value the Governor’s contribution immensely and wish her all the best in her future endeavours,’’ said President Zuma

President Zuma will announce the new Governor in due course.

Issued by the Presidency