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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

‘Your capacity for change is limitless’
2013-09-13

 

Ready for the world - students taking part in the 2013 Leadership for Change programme getting ready to travel to universities in the USA, Europe and Asia.
Photo: Johan Roux
12 September 2013

 “You will change this campus, city, country, continent and the world, because you have the capacity for greatness,” Prof Jonathan Jansen, Vice-Chancellor and Rector of the University of the Free State (UFS), said.

He addressed the 2013 group of first-year students in the Leadership for Change programme at a farewell function before they will leave for universities abroad. The first 104 students from the 2013 total of 144 will depart on 18 September and return on 3 October 2013. The second group of 40 students will be abroad from 11 to 25 January 2014. The students are from the Bloemfontein and Qwaqwa Campuses. They will be accompanied by mentors from the UFS.

The students will visit 17 universities in the USA, Europe and Asia.

The first 71 first-year students in the Leadership for Change programme were sent abroad for two weeks in September 2010 to get intense exposure to the academic, social, cultural and residential lives of students in the USA. In 2011 the student number more than doubled and universities in Europe were included. In July 2012 the programme brought students from around the globe to the UFS for the Global Leadership Summit.

Prof Jansen inspired the young leaders, saying, “If you learn leadership values in your four years of study, a change will come. Build the new value system and take it into the country. Your capacity for change is limitless.”

He encouraged them to learn to know the stranger, not only abroad, but also the beggar at the street corner. “Learn to be comfortable with the beggar, as well as with the professor in the classroom.”

A stringent evaluation and training programme preceded the group’s visit abroad, and Prof Jansen could not formulate their achievement better: “I cannot tell you how proud I am of you.”

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