Nicola Brink

Dr Nicola Brink is the Head of the Financial Stability Department of the South African Reserve Bank (SARB). She has extensive central banking experience, having spent her career in several departments of the SARB, including the Economic Research Department, the Bank Supervision Department (now the Prudential Authority), and the Financial Markets Department.

In recent years, she has played a key role in the process to bring South Africa’s resolution framework for failing financial institutions in line with international standards. She represents the SARB in various external and international committees, including the Financial Stability Board’s Resolution Steering Group and Assessment of Global Vulnerabilities Group. Her qualifications include an Honours degree in Communication Science, a PhD in Economics and an MBA degree (cum laude).

She has published a number of domestic and international research papers, mainly focusing on the management of market liquidity by the SARB through its operations, both in normal and crisis times.