President’s Corner

Dr. Caleb Fundanga is the current President of the Institute for Finance and Economics. From 2014 to 2018 he was the the Executive Director of the Macro Economic and Financial Management Institute (MEFMI) for Eastern and Southern Africa.  MEFMI is a regional capacity building institution in the areas of Macro Economic and Financial Management based in Harare, Zimbabwe.  Its main Clients are central banks and ministries of finance and planning.

Prior to joining MEFMI, he had worked as Governor of the Bank of Zambia for the period 2002 to 2011.  Among the many accolades bestowed upon him during this period were; Central Bank Governor of the Year for Africa and Global award by the Banker Magazine, a sister publication to the Financial Times of London in January 2007, Emerging Markets Magazine award of African Central Bank Governor of the Year 2007 which he received in Washington D.C. In September 2007, he was also awarded the African Central Bank Governor of the Year 2008 by the Annual Meetings Daily of Nigeria.

Prior to joining the Bank of Zambia, he had worked as Senior Advisor to the President of the African Development Bank (1998-2002) and as Executive Director of the African Development Bank (1995-1998). Before joining the African Development Bank, he had served as Permanent Secretary for the Ministry of Finance, Cabinet Office and the National Commission for Development Planning of the Republic of Zambia.  He started his working experience as Economics Lecturer at the University of Zambia.

Dr. Fundanga obtained his Bachelors degree in Economics at the University of Zambia.  He got his Masters degree at the University of Manchester in U.K. and his Ph.D. at the University of Konstanz in The Federal Republic of Germany.