The newly appointed Bank of Botswana governor , Mr Cornelius Dekops extensive background and expertise in the financial sector are expected to benefit the country, says President Dr Mokgweetsi Masisi.
Welcoming Mr Dekop, who was presented by the Minister of Finance, Ms Peggy Serame during a courtesy call at the Office of the President on October 30, Dr Masisi expressed his high expectations from the new governor.
Dr Masisi said the nation was at a crossover point in managing monetary policies and working on finding new and innovative ways of diversifying the economy.
He said the country was working on moving away from the unsustainable dependency on one source of revenue, diamonds. The banking sector must also move along with the changes and be innovative, he said.
He said the financial sector was presenting low hanging fruits towards diversifying the economy.
With the apparent talent of young people and prioritising focus on digitisation, the President said the countrys economy could be catapulted to greater heights.
Introducing the new Governor, Minister Serame described him as no stranger to the financial service sector.
She said Mr Dekop had an illustrious career in the public service having previously worked with the Ministry of Finance, the Ministry of Mineral Resources, Green Technology and Energy and also the Africa Development Bank where he was an executive director.
Ms Serame said the new Governor brought with him knowledge and experience from other countries.
We are looking at modernising the financial sector and we expect a lot of innovation and creativity from him, she said.
Meanwhile, Mr Dekop indicated that the bank's objective was what it could do for government, the financial sector and the general public.
He said BoB's ultimate goal was to develop the people by assisting in fighting poverty. Ends
Source: BOPA
Author: Marvin Motlhabane
