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Honourable
Timothy T.Thahane
Personal
Date of Birth: November 2, 1940
Place of Birth: Mpharane, in the Leribe district
Marital Status: Married
Current Positions
Minister of Finance and Development Planning
Member of the senate
Academic qualifications
Bachelor of Arts (Honours) in Economics and a Bachelor of
Commerce (Management and labour Relations) from Memorial
University of Newfoundland, St.Johns, Canada (1967)
Master's degree in Economics from the University of
Toronto (1968)
Awarded LLD (Honoris Causa) in recognition of his
contributions to finance- Memorial University of
Newfoundland, St.Johns (1999)
Career/Positions/Membership/Other activities
Appointed as Senator and Minister of Finance and
development Planning (2002)
Re-appointed to the Senate after the 2007 general
elections
Director of Planning in the Central Planning and
Development department in the Prime Minister's Office
(1968-1973), responsible for, amongst others, the
preparation of the First Transitional National Development
Plan 1970 1974
Served as Lesotho's Alternate Governor to the World Bank
Group and also the country's Representative on the
Administrative Council of the International Centre for the
Settlement of Investment Disputes (ICSID) and Member of the
Panel of Conciliators (1969-1974)
Appointed the country's ambassador to the then European
Economic Commission (EEC) in Brussels (1973-1974)
Served two years as an Alternate Executive Director for
Africa Group 1 in the World Bank Group, and finally an
Executive Director for the Africa Group 1 (1976-1978). In
this position he served as Vice Chairman of the Joint Audit
Committee
Lesothos ambassador to the United States (1978-1980)
Become Vice President and Secretary to the World Bank and
its Affiliates (1980)
During the 16 years at World Bank, he served on the
Financial Policy; Managing; Reorganisation Steering;
Personnel and Administration; Policy and Research Committees
as well as becoming a Member of the President's Council
Deputy Governor of the South African Reserve Bank
(1996-2001)
Personal interests
He is interested in figures and financial matters
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