Situmbeko Musokotwane

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Situmbeko Musokotwane
Musokotwane, Situmbeko (IMF 2009).jpg
Situmbeko Musokotwane at the 2009 International Monetary Fund/World Bank meeting.
Minister of Finance
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27 August 2021
PresidentHakainde Hichilema
Preceded byBwalya Ng’andu
Member of the National Assembly for Liuwa
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August 2021
PresidentHakainde Hichilema
Minister of Finance
In office
2008 – 2011
PresidentRupiah Banda
Preceded byN’gandu Peter Magande
Succeeded byAlexander Chikwanda
Personal details
Born
Situmbeko Musokotwane

(1956-05-25) 25 May 1956 (age 67)
Alma materKonstanz University (PhD)
University of Zambia
ProfessionEconomist

Situmbeko Musokotwane (born 25 May 1956) is Zambian politician and Economist and the Minister of Finance of Zambia [1][2] he is also Liuwa Member of Parliament.[3] Prior to his apomintment he served as Minister of Finance from 2008 to 2011 under Rupiah Banda.[1]

Education and career

Musokotwane is PhD holder in Monetary Economics obtained from the Konstanz University in Germany.[4] In 1988 he founded an agri-business one of Zambia’s largest dairy farming operations. He has also acted as an alternate Governor at the IMF, African Development Bank, and the World Bank.[4] He introduced the central bank in Zambia to Open Market Operations and the re-introduction of Treasury Bills and Government securities auctions in Zambia. As Finance Minister he was active in the promotion of Zambia as an investment destination which brought a 7.6% growth in Zambia’s economy and generated US$6 billion over a 3 year term.[4]

References

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External links