Finance Minister Malusi Gigaba Picture: Reuters
JOHANNESBURG - Finance Minister Malusi Gigaba has congratulated Dr Mampho Modise on her appointment as Deputy Director General for Public Finance.

Gigaba said on Thursday “In our quest as government to transform the economy, we are also headstrong about women empowerment, particularly young, capable, knowledgeable, experienced and educated women such as Dr Modise”.

Modise was formerly a Chief Director for Strategy and Risk Management in National Treasury’s Asset and Liability Management division, where she dealt with policy issues. She also managed government relationships with global rating agencies.

The appointment of Modise is significant towards National Treasury’s commitment to ensuring the continuity of leadership in the department and key to strengthening the institution.

“National Treasury is particularly pleased by this appointment, as the department has added yet another capable women to the executive,” said Gigaba.


Modise completed her tertiary training at the University of Pretoria, obtaining her BCom Economics, BCom Honours Econometrics, MCom Econometrics (cum laude) and a PhD in Economics.

She started working for the South African Reserve Bank in 2004, where she was an intern and progressed to be an economist. She left the Reserve Bank in 2009 to work for Treasury, where she started as a senior economist in the Economic Policy division.

She was soon promoted to Director: Fiscal Policy, then to the Chief Director: Strategy and Risk Management.

National Treasury said further announcements for vacant executive positions would be made in due course.

-BUSINESS REPORT ONLINE