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Director

Mr Ramsamy Chinniah

Mr Ramsamy Chinniah was appointed Second Deputy Governor of the Bank of Mauritius with effect from the 29th of September 2025 for a three-year term.

Mr Ramsamy Chinniah has devoted more than 40 years of his career to the Bank of Mauritius, of which 7 years spent in the Research Department and 32 years in the Supervision Department.

Prior to his appointment as Second Deputy Governor, Mr Chinniah was Director of Supervision at the Bank of Mauritius. Throughout his extensive tenure in the Supervision Department, he played a key role in shaping and advancing the legal, regulatory, and supervisory frameworks that underpin the Mauritian banking sector. He actively contributed to the elaboration of key banking policies which have helped strengthen the country’s banking system in the face of major financial challenges, including the global financial crisis of 2007 and the Covid-19 pandemic.

Mr Chinniah was instrumental in the formulation of guidelines aligned with best international practices and assessed their impact on the banking industry. He was instrumental in the implementation of a prudential supervision framework focused on independent, forward-looking, and risk-based oversight of the banking sector. He is also credited with the formulation of AML/CFT rules and directives and with the design of methods for on-site examination of licensees of the Bank of Mauritius.

He has been extensively involved in programmes and projects run by international organisations, amongst which the International Monetary Fund and the World Bank, rating agencies, regulatory entities and multilateral institutions.

From September 2024, and until his appointment as Second Deputy Governor, Mr Chinniah was the Chairman of the Community of African Banking Supervisors, a working Group set up under the aegis of the Association of African Central Banks. 

From 2006 to 2008, he was the Chairman of the Southern African Development Community Sub-committee of Banking Supervisors. He was equally a member of the Mauritius Steering Committee of Accounting and Auditing services.

Mr Chinniah holds a Master of Science in Financial Economics from the University of Mauritius (2009), is an Admitted Fellow of the Association of Chartered Certified Accountants (UK, 1999) and successfully completed the Association’s final examinations in 1991.

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