Dr Modise is a deputy governor of the SARB and a member of the Monetary Policy Committee. She oversees the Financial Stability Cluster, which includes the Corporation for Deposit Insurance (CODI), the Economic Statistics Department, the Risk Management and Compliance Department, and the Fintech Unit.
Before joining the SARB, she was the Deputy Director-General of Public Finance at National Treasury, responsible for fiscal and financing monitoring and evaluating policy proposals across national departments. She was also responsible for assessing the performance and overseeing public and state-owned entities. Formerly a chief director for strategy and risk management at National Treasury’s Asset and Liability Management Division, she was responsible for implementing a strategy and risk management framework and managed the government’s relationships with global rating agencies. Her previous roles include Director of Fiscal Policy and Senior Economist in the Economic Policy Division at National Treasury. Deputy Governor Modise is the Chair of the CODI board and oversaw the successful launch, and continuous public engagement of the Corporation for Deposit Insurance.
Open
As CBDCs move from pilots to policy and stablecoins scale into real-world payment and settlement use cases, digital money is entering a phase of practical deployment. Yet regulatory and technical fragmentation continue to threaten the efficiencies that tokenization at scale promises to unlock.
The discussion will focus on where real adoption is already taking place today, what barriers are still preventing scale, and how central banks, financial institutions, and technology providers can unlock interoperability across CBDCs, stablecoins, and tokenized financial systems globally within current market conditions.