Mboweni rejoins Goldman Sachs

Also appointed chair of Accelerate Property Fund.
Tito Mboweni resigned from parliament at the end of January. Image: Dwayne Senior/Bloomberg

Former South African finance minister Tito Mboweni has rejoined Goldman Sachs Group Inc as a regional advisor after quitting as a lawmaker.

“I am very glad and excited to be back,” Mboweni said by phone.

“It has always been my pleasure and privilege to work with the young securities traders at Goldman Sachs.”

Mboweni, 62, served as governor of the South African central bank from 1999 to 2009, and joined Goldman Sachs as an advisor the following year.

He left the bank in 2018 when he returned to government, serving as finance minister until stepping down last year.

He resigned from parliament on January 31.

Mboweni has also been appointed as chair and a non-executive director of Accelerate Property Fund. His return to Goldman Sachs was reported earlier by Johannesburg’s Business Day newspaper.

© 2022 Bloomberg L.P.

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