William Henry Clegg


William Henry Clegg was the first Governor of the South African Reserve Bank from 17 December 1920 until 31 December 1931. His successor was Johannes Postmus.

Early life

He was born in 1867 in Stanley, West Yorkshire to father George Clegg.

Career

His banking career started in September 1886 when he joined the Bank of England. By 1895 he was an assistant to the auditor before becoming a first auditor in 1900. In 1914, he was the principal of the branch banks office and by 1919, the banks chief accountant. In 1920, he was selected as the first governor of the South African Reserve Bank a positioned he served until 1931. After then end of his tenure at the South African Reserve Bank, he was appointed as the chairman of the commission of inquiry into the Hong Kong currency. In 1932, he returned to the Bank of England as a director.

Marriage

In 1916, he married Elinor Bowen and had two sons and a daughter.

Death

He died on 16 March 1945 at Stillwood House in Winchester, England.