Veteran Economist Passes in Cairo
Othom Rago Ajak, former governor of South Sudan’s central bank, died on Wednesday in Cairo after a brief illness, his family said. He was 70.
His daughter, Buchay Ajak, disclosed that preparations are underway to fly his remains to Juba for burial next week.
Architect of Post-Independence Monetary System
Appointed governor in January 2017, Ajak guided policy during a volatile period marked by currency shortages and inflation, championing measures that calmed markets and reinforced public confidence.
The Bank of South Sudan hailed him as “a dedicated public servant and economist whose contributions were instrumental in stabilizing South Sudan’s financial system,” in a statement issued Thursday.
Career That Bridged Sudan and South Sudan
Born in Upper Nile State in 1954, Ajak earned an economics degree in Khartoum and a master’s in Cairo, then spent over forty years shaping fiscal policy across both Sudans.
Before reaching the top post, he served as director general and assistant governor, roles that allowed him to design payment systems and train emerging technocrats.
Family and State Prepare Farewell
Government officials in Juba say a state-supported funeral will recognise his service, echoing tributes from lawmakers who worked with him in the National Legislative Assembly between 2011 and 2014.
“My father believed economic stability was the cornerstone of peace,” Buchay Ajak told reporters, her voice steady despite visible grief.
Legacy for Future Economists
Analysts note that his emphasis on institutional capacity continues to influence training programs at the bank, where several mid-level managers were mentored by him.
With South Sudan still navigating currency reform, observers argue that Ajak’s frameworks remain a reference point for current decision-makers seeking lasting financial stability.