Gerard Rissik (21 February 1903 – 4 October 1979) was the fourth Governor of the

South African Reserve Bank The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial condi ...

. His term of office was from 1 July 1962 to 30 June 1967. He was succeeded by Dr.

Theunis Willem de Jongh Theunis Willem de Jongh was the fifth Governor of the South African Reserve Bank. His term of office was from 1 July 1967 to 31 December 1980. He was succeeded by Gerhard de Kock Dr. Gerhardus Petrus Christiaan de Kock better known as Gerhar ...

Career

Rissik joined the reserve bank on 3 March 1923 as junior clerk. He would enrol at the Transvaal University College and obtained a Bachelor of Commerce in 1926. While completing his degree he completed the

Institute of Bankers Walbrook Institute London is a for-profit provider of apprenticeships, degrees and professional qualifications, with students being members of the LIBF professional body. It is one of five bodies in the UK accredited by the Financial Conduct Auth ...

exam in 1925 obtaining a banking diploma. To facilitate his career further Rissik passed his Chartered Institute of Secretaries exams and an auditing course from the

University of South Africa The University of South Africa (UNISA) is the largest university system in South Africa by enrollment. It attracts a third of all higher education students in South Africa. Through various colleges and affiliates, UNISA has over 400,000 student ...

. In 1933, he has promoted to Audit Clerk and then in 1939, Assistant Secretary. Rissik became the Reserve Bank's Chief Accountant and Secretary in 1943 and in 1954, its Chief Cashier. He was appointed executive assistant to the governor in 1958 before being appointed a deputy governor in 1960. On 1 July 1962 he was appointed governor of the bank until his retirement in 1967. Other positions held during his career include secretary of the National Finance Corporation and chairman of the South African Bank Note Company.

Marriage

Rissik married Alice Meltzer in December 1931 and had two sons.

References

1903 births 1979 deaths Governors of the South African Reserve Bank 20th-century South African businesspeople 20th-century South African economists {{SouthAfrica-business-bio-stub