Treasury appoints Ismail Momoniat as acting DG

Treasury appoints Ismail Momoniat as acting DG

Treasury has announced the appointment of Ismail Momoniat as acting director-general following the departure of Dondo Mogajane. 


Ismail Momoniat
twitter: @TreasuryRSA

Mogajane left Treasury when his contract came to an end on Tuesday.


In a statement, the Finance Minister Enoch Godongwana said he believes Monmiat’s appointment will ensure continuity and stability at the department.


 


"Mr Momoniat brings a wealth of experience to the position, having served National Treasury with dedication for 27 years, of which 22 years have been instrumental in leadership of the organisation as a deputy director-general," the minister said in a statement.


 


“This included driving the foundational financial and fiscal legislation to give effect to our 1996 Constitution, to reverse the legacy of the racist Apartheid state. This included the development and enactment of the Public Finance Management Act which promoted good financial governance in the public sector and outlined the powers and functions of the National Treasury,” the minister added.



Momoniat also recently led the process to develop the Carbon Tax Act to reduce greenhouse gas emissions


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