Zambian President, Edgar Lungu has fired the Reserve Bank of Zambia Governor Dr Dr Denny H. Kalyalya with immediate effect.
President LUNGU has appointed Deputy Secretary to the Cabinet CHRISTOPHER MVUNGA as the new Bank of Zambia Governor.
Ministry of national planning director Dr Mike Masiye has replaced Mvunga in Cabinet.
About Dr Kalyaya
Dr Denny H. Kalyalya joined the Bank of Zambia (BoZ) in 1996 as Adviser – Economics. During 1997/1998 he was seconded to the IMF as a Special Appointee, Monetary and Exchange Affairs and African departments.
In addition he served as economics lecturer (1983-1995), Assistant Dean(Postgraduate), School of Humanities and Social Sciences (1994/95), and Head of the Economics Department (1995) at the University of Zambia (UNZA).
Since 1998 he has been the Director of the Economics Department, BoZ.
Dr Kalyalya was born in 1957 in Monze, Zambia. He holds a PhD (Economics) from the University of Massachusetts, Amherst, USA (UMASS, 1993), obtained on a Fulbright Hays scholarship, an MA (Economics) from UMASS (1989) and UNZA (1983), and a BA (Economics), UNZA (1980).
Dr Kalyalya has undertaken extensive research on socio-economic issues in Zambia.
Published works
Aid and development in Southern Africa: evaluating a participatory learning process, Africa
World Press: Trenton, New Jersey, 1988.
