Experienced Ismail Momoniat appointed as acting Treasury head

Finance minister Enoch Godongwana on Wednesday named experienced National Treasury official Ismail Momoniat as the body's acting director-general after the previous head chose not to extend his contract.

June 08, 2022 at 09:33 am

National Treasury official Ismail Momoniat says being on the watch list "has been good for South Africa, as many of our key institutions, especially in law enforcement, were deliberately weakened under state capture". File photo. (TREVOR SAMSON)

Finance minister Enoch Godongwana on Wednesday named experienced National Treasury official Ismail Momoniat as the body’s acting director-general after the previous head chose not to extend his contract.

In April the finance ministry said Dondo Mogajane would leave the director-general post in June “to pursue new opportunities outside the public sector” after 23 years with the Treasury.

Momoniat has worked at the Treasury for 27 years, 22 of them as deputy director-general. Recently his focus has been on tax and financial sector policy.

“I am confident Mr Momoniat will keep a steady hand on the till of the organisation, steering the department to meet our strategic agenda while ensuring continuity,” Godongwana said.

Reuters

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