The Bank of Botswana has appointed Lesego Moseki as the new Governor of the Bank of Botswana, filling the leadership vacuum created by the recent resignation of Governor Cornelius Dekop.
Moseki’s appointment marks the culmination of a three-decade career at the central bank. He joined the institution in September 1994 as an Assistant Supervisor in what was then the International Department, later renamed Financial Markets. Over the years, he rose through the ranks to become Director of the Financial Markets Department in 2020, overseeing foreign reserves management and the implementation of monetary policy. In February 2025, he was appointed Deputy Governor, responsible for policy making and administration.
His academic background includes a Master of Science in Banking and Finance from the University of Birmingham and a Bachelor’s Degree in Economics from the University of Botswana. He also holds banking qualifications from the former Institute of Bankers and has completed executive programmes at Oxford Saïd Business School. He has served on several boards and maintains memberships in professional bodies, strengthening his governance profile.
Moseki steps into the top role following the departure of former Governor Dekop, whose resignation prompted questions about leadership continuity at the central bank. With the Bank of Botswana managing critical mandates, including monetary policy implementation, currency and payment systems oversight, and safeguarding financial stability, the transition required a figure deeply versed in both the institution’s internal operations and the broader financial sector.
In its announcement, the Bank said it looks forward to Moseki’s contributions to strengthening organisational leadership and delivering on its mandates. These include maintaining confidence in the national currency, enhancing the resilience of the financial system, and supporting inclusive economic development through effective regulation and strategic policy guidance.
The appointment is expected to reassure markets and stakeholders as Botswana navigates a complex economic environment shaped by global uncertainty, domestic inflation pressures, and ongoing financial-sector reforms.