The South African Reserve Bank (Sarb) announced today (September 12) the creation of a new role at the central bank, that of chief operating officer.
Pradeep Maharaj, currently head of human resources and transformation at consumer bank Absa Capital, will take up the position on November 1, 2012. He will be responsible for all the support services at the central bank.
Maharaj has been in his current job since November 2011. Before joining Absa Capital he worked at Transnet, a rail, port and pipel