Mr Mahendra Vikramdass Punchoo was appointed Second Deputy Governor of the Bank of Mauritius with effect from 30 December 2014. As Second Deputy Governor, he is a member of the Board of Directors and of the Monetary Policy Committee of the Bank of Mauritius.
Mr Punchoo joined the central bank in 1989 as a Research Officer in the Research Department of the Bank. In 2005, he became Assistant Director in the Research Department and susequently headed the Economic Analysis Division from 2007 to 2010. In 2011, he took over as Head of the Statistics Division until his appointment as Second Deputy Governor.
Mr Punchoo has co-authored a case study on the compilation of data on special purpose entities in Mauritius for the International Monetary Fund’s Balance of Payments and International Investment Position Compilation Guide 2015. He has also made several presentations on data issues, monetary policy and financial stability at various international meetings. As Head of Statistics he was a member of the Special Data Dissemination Standards (SDDS) Technical Committee and was instrumental in Mauritius achieving membership of the IMF SDDS group of countries in February 2012, the second Sub-Saharan African country to achieve this landmark. He was also the representative of the Bank on the Irving Fisher Committee on Central Bank Statistics at the Bank for International Settlements.
Mr Punchoo holds a Maîtrise en Sciences Economiques from Université Aix Marseille III, France, and an M.Sc. in Economics from Birkbeck College, University of London, United Kingdom.