Pretoria, 18 July-(ANA)-South Africa's President Jacob Zuma has named former deputy governor Gill Marcus as the new governor of the country's central bank.
She replaces Tito Mboweni, who has been praised for efforts to fight inflation, and will take over in November.
Mr Zuma said he had initially appointed Mr Mboweni for a third, five-year term, but he had asked to leave early.
Ms Marcus served as deputy governor of the South African Reserve Bank between 1999 and 2004.
She is currently chairwoman of banking group Absa. (ANA)
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