South Africa’s chief banking regulator to retire early

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Errol Kruger, the banking registrar at the South African Reserve Bank, is to leave the central bank at the end of the summer.

Kruger, 54, has worked at the central bank for 34 years. He will leave at the end of July. He joined as a clerk and worked his way up to the level of registrar, a position he has held for the past eight years.

"The country's bank supervision function is at a point where it is currently in good shape and has been successfully tested by the recent global crisis," Kruger

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