The President of the Republic, Mr Wavel Ramkalawan visited the Central Bank of Seychelles (CBS) yesterday morning, where after his tour he commended the CBS Team for their professionalism and the excellent work ethics displayed. President Ramkalawan was welcomed at the Central Bank in Victoria by the Governor of the CBS, Ms Caroline Abel along with Mr Brian Commettant – First Deputy Governor and Ms Jenifer Sullivan – Second Deputy Governor. 

The visit began with a tour of the various divisions and units hosted within the Central Bank Seychelles premises. From the Reception and Security zone on the ground floor, the Presidential delegation proceeded to the Banking Services Division, the Financial Markets Division, Administration, the People Function Division, Financial Inclusion and Market Conduct Division, Financial Surveillance Division, Research and Statistics Division, Technical Services Division, the Legal Unit /Compliance Unit, the Internal Audit Division/Risk Management Unit as well as the Communications Unit. 

“I am extremely impressed and I would like to commend the Central Bank team under the leadership of Governor Abel for your hard work and discipline.  From what I have observed during my tour, as a team of qualified technicians you all know exactly what you are doing and the country is thankful for your expertise and guidance. Seychelles is counting on you to continue steering us in the right direction” said President Ramkalawan.

Following the tour, the President also attended a meeting with the CBS Management team and staff from each division where he heard a presentation on the CBS Strategic Plan 2024-2028.  The presentation highlighted the core functions and mandate of CBS and based on the country’s needs, shared details of concrete actions and timelines required for the implementation, monitoring and evaluation of the plan.

The CBS Team was also able to share with the Head of State key elements of their work and some of their challenges. Before leaving the Central Bank he was also presented a hardcopy of the Strategic Plan 2024-2028, as the road map ahead to attaining its 50th year Golden Jubilee in 2028.