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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

Making a difference is the most important thing for Gary Kirsten
2012-05-16

 

Gary Kirsten
16 May 2012

“Can I make a difference in someone’s life?” This was the central driving force for Gary Kirsten, head coach of the 2011 World Cup winning Indian cricket team. He currently coaches the Proteas.

Gary was the first guest speaker at a new series of lectures at our Business School. Challenges and solutions in management will be highlighted in the series. In his lecture, Gary was interviewed by Prof. Johann Coetzee, Extraordinary Professor at the Business School. The audience got a glimpse of the person often seen on television screens and they travelled with him from his childhood days at the Newlands Cricket Ground to his days in New Delhi as head coach of the Indian team.

His challenge in India was to develop a new culture in a team with very valuable and expensive brands. His light-bulb moment occurred on a team-building visit to Australia. His question to the team was what he could do for them and what they would expect from him. The turning point was Sachin Tendulkar’s answer: I would like you to be my friend. Tendulkar’s wife’s comment on the winning night was the proof of his success. She said: “The last three years were the happiest in my husband’s life.”

Gary said it was an incredible privilege to make a difference in people’s lives. “I wake up asking myself where I can make a difference in someone’s life. You must create an environment for people to enjoy the game, challenge one another and thrive.”

He is confident that the Protea team has the potential to be a great cricket team. He said the upcoming England tour is a test. “This tour will test us to be the top team in the following years. I would like to set them up for the best chance to win.”

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