Minister of Finance Enoch Godongwana has welcomed the appointment of Dr Duncan Pieterse as the new director-general (DG) of the Treasury.
Pieterse, whose term will run for five years, is currently serving as the deputy director-general of asset and liability management.
“The director-general provides strategic leadership to the department, guides its organisational structure, and manages a team of experts who handle various aspects of financial management, economic analysis, and policy formulation.
“He or she is central to shaping the fiscal policies, economic direction, and financial stability of the country,” said Godongwana on Thursday.
Dr Duncan Pieterse joined the department in 2013 and has worked in various positions for the last 10 years. He has served as deputy director-general for economic policy, as well as deputy director-general: asset and liability management.
Pieterse holds a Bachelor of Business Science, a Master’s in Public Administration from Harvard University, and a Doctor of Philosophy, among others.
“I believe Duncan has more than enough experience, expertise, and chutzpah to make a success of this new challenge,” said the minister.
Godongwana has already informed top management and staff of the Treasury about Pieterse’s appointment.
Acting director-general Ismail Momoniat also welcomed the appointment, especially the fact that the baton of leadership is now moving to a younger generation.
Godongwana thanked all the people who applied for the position and commended the acting director-general for his leadership.
“As a true and dedicated servant of the department and the country, he further mentioned that he will continue to serve the department for at least a year to ensure a smooth transition and oversee several key projects that will strengthen the governance and anti-corruption system; modernising the procurement system, and overseeing the process to get our country out of greylisting,” said Godongwana.
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