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Zakhele Gininda
Senior Financial Markets Specialist at South African Reserve Bank
Zakhele Gininda is a Lead Specialist in Market Operations and Analysis at the South African Reserve Bank (SARB).1 He plays a key role in the SARB's financial markets initiatives, particularly in the reform of domestic reference rates and the introduction of new benchmarks. Gininda is involved in the publication and management of ZARONIA (South African Rand Overnight Index Average), an important interest rate benchmark.1 He also serves as a moderator for Market Practitioners Group (MPG) conferences and industry forums, facilitating discussions on reference rate reforms and emerging opportunities in the financial sector.2
Responsibilities and Expertise
- Oversees market operations and analysis at SARB
- Leads communication on ZARONIA and other financial benchmarks
- Moderates industry discussions on reference rate reforms
- Contributes to the transition from JIBAR to ZARONIA
Gininda's work is crucial in strengthening South Africa's financial markets and aligning them with international standards, such as the IOSCO Principles for Financial Benchmarks.1
