Tanzania’s President John Magufuli announced that he had appointed tax law professor Florens Luoga as Tanzania’s new central bank governor.

President Magufuli said Luoga would take over in December or January after the tenure of current governor Benno Ndulu expires.

“I have decided to appoint a new (central bank) governor from among members of the committees that investigated the mining sector,” Magufuli said.

The president was speaking at a ceremony to award certificates of recognition to members of two presidential committees that investigated allegations of tax evasion in exports of gold and copper concentrate in the east African country.

In July he was also appointed by President Magufuli as chairman of the board of directors of the Tanzania Revenue Authority (TRA).

Proffessor Luoga currently serves as the deputy vice chancellor of the University of Dar es Salaam (UDSM), the country’s largest public university.