Christo Ferro Liebenberg (born 2 October 1934) is a South African banker who was
Minister for Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...
of
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring count ...
, from 19 September 1994 to 4 April 1996, in the government of national unity chaired by
Nelson Mandela
Nelson Rolihlahla Mandela (; ; 18 July 1918 – 5 December 2013) was a South African anti-apartheid activist who served as the first president of South Africa from 1994 to 1999. He was the country's first black head of state and the ...
.
He was born in
Touws River in the Western Cape. His father worked on the railway lines. Touws River was one of the biggest railway junctions of that time in South Africa. He was educated at Worcester Boys' High School,
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA ...
AMP,
INSEAD
INSEAD, a contraction of "Institut Européen d'Administration des Affaires" () is a non-profit business school that maintains campuses in Europe ( Fontainebleau, France), Asia (Singapore), the Middle East ( Abu Dhabi, UAE), and North America (Sa ...
and
Cranfield University
Cranfield University is a British postgraduate public university, public research university specialising in science, engineering, design, technology and management. Cranfield was founded as the College of Aeronautics (CoA) in 1946. Through the 19 ...
.
He started working at Nedcor Bank in 1952 as a messenger. He worked his way up until 1994 when he retired as CEO of
Nedbank
Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management. Nedbank Limited is a wholly owned subsidiary of Nedbank Group.
Nedbank's ...
after serving for four years.
Nelson Mandela asked him to take over from Finance Minister
Derek Keys
Derek Lyle Keys (30 August 1931 – 29 April 2018) was a South African politician who served as Minister of Finance from 1992 to September 1994, in the cabinets of F. W. de Klerk and Nelson Mandela.
Early life
Born in Johannesburg, he attended ...
in 1994.
As he was not affiliated to any political party, President Nelson Mandela changed the constitution to accommodate Liebenberg as Finance Minister.
As per agreement, he stayed for a certain period after which the position then went to
Trevor Manuel
Trevor Andrew Manuel (born 31 January 1956) is a South African politician who served in the government of South Africa as Minister of Finance from 1996 to 2009, during the presidencies of Nelson Mandela, Thabo Mbeki and Kgalema Motlanthe, an ...
.
References
Living people
1934 births
Afrikaner people
South African people of German descent
South African people of Dutch descent
Finance ministers of South Africa
INSEAD alumni
South African chief executives
South African bankers
Alumni of Cranfield University
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