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03 January 2023 | Story Charlene Stanley | Photo Supplied
Vuyelwa Vumendlini
Vuyelwa Vumendlini, Alternate Executive Director at the International Monetary Fund in Washington DC.

High-profile positions at National Treasury, the World Bank and now also the International Monetary Fund in Washington, mark an illustrious career for UFS Economics alumna, Vuyelwa Vumendlini.

“Go in full force, hands and feet, and accept this opportunity of a lifetime. You won’t regret it.” These words of Dr Minette Smit, her thesis supervisor, proved to be pivotal advice to a young Vuyelwa Vumendlini. At the time, she was doing her BCom Honours in Economics (1996-1999) and was presented with a scholarship opportunity to complete her master’s degree in the USA.

“I was afraid to leave my home and my comfort zone,” she explains. “But looking back, I’m extremely grateful to have taken that step.”

Her studies culminated in an appointment as Senior Adviser to the Executive Director at the World Bank, then Deputy Director-General: International and Regional Economic Policy at the National Treasury, and now as Alternate Executive Director at the International Monetary Fund (IMF) in Washington DC. As an IMF executive board member, Vumendlini represents 23 English-speaking African countries that are members of a constituency. The Executive Board of the IMF has 24 chairs, representing 24 constituencies from its 189 countries’ membership. Among her duties are considering policy issues and surveillance reports, as well as approving and monitoring IMF programmes involving lending and/or technical assistance.

Since this is the second stint in Washington for her and her children, Simphiwe, Enhle, and Anele, settling down was much easier. “Because of the COVID-19 isolation, we were kind of used to being alone at home, so we didn’t find the solitude that bad while we were still making new friends.”

She misses South African food the most – things like biltong and boerewors – and the proximity of favourite restaurants like Ocean Basket and Mugg & Bean. She has fond memories of her study years, working as an assistant in the Department of Economics, hanging out at Mooimeisiesfontein on Saturdays, and building rag floats for Vergeet-My-Nie and Kestell residences. Plans for the future include tackling her PhD in Economics.

Her advice to UFS students: “Be up to date with what is happening around you. Do not be afraid to do things differently. Be agile in your approach to achieving your career aspirations and be ready to take on those opportunities when they present themselves.”

News Archive

Historic Global exchange summit for first-year students in 2012
2011-10-21

 
More than one hundred Kovsie first-year students travelled to universities in the USA and Europe in September 2011 to learn about issues such as diversity, leadership and citizenship. More students will travel to Asia in January 2012. Daniel King, Melissa Lucas, Jomari de Beer and Rito Madingana visited Ghent University in Belgium.
Photo: Anja Aucamp

Our University will present a global exchange partner summit next year with the 16 partner universities who took part in this year’s Leadership for Change Programme. This will be the first summit of its kind presented in South Africa bringing together first-year students from four continents and 17 countries. The summit will take place from 8 - 22 July 2012 on the Bloemfontein Campus.

The aim of the summit is for first-year students from all partner universities in the USA, Europe and Asia to visit our university and experience student life at a South African university. The students will be staying on campus and an intensive programme covering issues such as social justice, diversity, leadership and citizenship will be presented.

Mr Rudi Buys, Dean of Student Affairs at our university, says the summit will serve as an opportunity to detail further partnership agreements with a number of universities such as Binghamton State University, amongst others.

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