Reserve Bank's Unathi Kamlana named commissioner of financial sector regulator

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Top Reserve Bank official Unathi Kamlana has been named the new commissioner of market regulator the Financial Sector Conduct Authority (FSCA). 
His term will last for five years. 
Finance Minister Tito Mboweni made the announcement on Thursday.
Kamlana is currently the head of the department responsible for policy, statistics, and industry support at the Prudential Authority of the South African Reserve Bank.
According to the ministry, Kamlana "worked extensively on implementing the Twin Peaks reforms from 2011 to 2018, having been part of the original team that proposed the new and tougher system for regulating the financial sector".
He is expected to commence his new role on June 1. 

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