Dier Tong Ngor Explained

Dier Tong Ngor
Office1:Minister of Finance
President1:Salva Kiir Mayardit
Term Start1:4 August 2022
Term End1:3 August 2023
Predecessor1:Agak Achuil Lual
Successor1:Barnaba Baak Chol

Dier Tong Ngor is a South Sudanese politician who serves, from 4 August 2022, as the Minister of Finance and Planning.[1] [2] [3]

He graduated from University of Khartoum in 1986 with an honour degree in business administration, majoring in finance. He had an outstanding career in banking industry starting in 1986 when he was appointed as an inspection officer in Central Bank of Sudan.[4] He also holds Master in Business Administration (MBA) from University College Dublin[4] and a PhD in Finance from Walden University.

He was the governor of the Bank of South Sudan[5] twice: from May 2018 to January 2020 and from November 2020 to January 2022.

He is a career central banker. He started his career with the Central Bank of Sudan and the Bank of South Sudan (central bank) where he held positions of Director General of Banking Supervision & Research, and Director General of Banking Operations. He was also appointed in 2017 as First Deputy Governor for Policy & Banking and subsequently served twice as the Governor of the Bank of South Sudan[6] up to January 2022. He is credited with successful reforms of the exchange rate in South Sudan, which resulted in the unification of exchange rates in the country in 2021.

Notes and References

  1. Web site: Board of honors for Ministers of Finance - Ministry of Finance and Planning .
  2. Web site: Salva Kiir ISSUED PRESIDENTIAL DECREE TO REMOVED HIS FINANCE MINISTER AGGREY TISA SABUNI. www.southsudanliberty.com.
  3. News: 2022-08-05 . South Sudan's Kiir sacks finance minister, central bank governor . en . Reuters . 2022-08-12.
  4. Web site: Hon. Dier Tong Ngor – Bank of South Sudan . https://web.archive.org/web/20210812151321/https://www.boss.gov.ss/team/hon-dier-tong-ngor/ . 2021-08-12 . 12 August 2021.
  5. Web site: South Sudan's President dismisses central bank governor, appoints replacement . 2022-08-12 . newsonair.gov.in.
  6. Web site: South Sudan's President dismisses central bank governor, appoints replacement . 2022-08-12 . newsonair.gov.in.