Unathi Kamlana is the Head – Policy, Statistics, Legal &Industry Support Department for the Prudential Authority in the South African Reserve Bank (SARB). In this role, he reports to the Deputy Governor - the Chief Executive Officer (CEO) of the Prudential Authority.
He started his career in banking, holding various roles in the Standard Bank Group. Subsequently, he joined the public sector and spent close to six years at the National Treasury (Treasury), starting in tax policy and later financial sector policy. Immediately prior to his appointment to the SARB, he was the Chief Director: Financial Markets and Stability in the Treasury. He joined the SARB in 2011 to champion the regulatory reform project for the implementation of the “Twin Peaks” model of financial sector regulation. He was also appointed as the Deputy Registrar of Banks from 2016 – 2018.
He was a member of the Standing Committee on the Revision of the Banks Act from 2009 to 2011 and is currently a member of the Standing Committee for the Revision of the National Payments System (NPS) Act and Co-Chair of the Financial Markets Implementation Committee. He participates in various international forums and is a member of the Policy Development Group (PDG) of the Basel Committee on Banking Supervision (BCBS) and the Policy Development Committee of the International Association of Insurance Supervisors
(IAIS). He also chairs the 2020/21 Financial Stability Board (FSB) Peer Review of the United Kingdom.
Unathi studied economics and taxation at Rhodes University, and holds a Master of Commerce (MCom) degree in Taxation. He also holds a Master of Science (MSc Finance) in Economic Policy from the University of London, SOAS and a postgraduate diploma in taxation law (HdipTax) from Wits University. He has attended various professional development courses in finance, taxation and regulation including at Duke University (US); the Federal Reserve Bank of New York; the University of Cape Town and completed the Strategic Management of Regulatory Agencies Executive Education Programme at Harvard University, John F. Kennedy School of Government. He is a World Economic Forum (WEF) Young Global Leader.
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