DR Congo central bank names new governor

congo-central-bank

The Central Bank of the Democratic Republic of Congo has named Deogratias Mutombo Mwana Nyembo as its new governor.

Nyembo, who will serve a five-year term, was previously head of markets in the banking operations department. He replaces Jean-Claude Masangu Mulongo, who was appointed in August 1997 and went on to serve three successive terms.

Mulongo faced triple-digit inflation when he was appointed, which at its peak in 2000 reached 554%. The central bank successfully brought it under control

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: