• Welcome to FSC Mauritius
  • Mauritius International Financial Centre

The FSC is administered and managed by a Board of Directors which consists of a Chairman, a Vice-Chairperson, independent non-executive directors and a Chief Executive.

Members of the Board hold office for a period of 3 years and are eligible for re-appointment. Members of the Board are:

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Said Lalloo - Chairman

Said Lalloo worked at directorate level in the Finance Department of the African Development Bank from 1981 to 1990 following a long career in the Ministry of Finance as Chief Accountant from 1971 to 1981. He previously worked at the Government Audit Department for 16 years. He was the Director of the National Investment Trust from 1994 to 2005 and served as Chairman from 2003 to 2004. He was also Chairman of the National Housing Development Corporation from 1993 to 2000, and Director of the State Investment Corporation from 1994 to 2004. Said Lalloo is a fellow member of the Association of Chartered Certified Accountants.
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Mary Anne Philips - Vice-Chairperson

Mary Anne Philips is a practising Attorney since 1995. She holds a Maîtrise en droit and previously worked in the banking sector as in-house lawyer for the BNPI Group and in the insurance sector. She specialises in company law, commercial law, bankruptcy law, insurance, financial services and banking as well as civil law. She is currently Chairperson of the American Chamber of Commerce - Mauritius.
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Oliver Lew Kew Lin

Oliver Lew Kew Lin is a graduate in Engineering and Computing from Oxford University. He set up one of the first Business Process Outsourcing companies in Mauritius in 1990, specialising in Desktop Publishing for export. Oliver Lew Kew Lin is presently the Managing Director of Harel Mallac Outsourcing. He was formerly the Chairperson of the Mauritius Institute Advisory Council and the Export Processing Zone Development Authority. Oliver Lew Kew Lin has served on various boards and committees, including the National Computer Board, the Board of Governors of the University of Technology, Mauritius as well as the Board of a private bank.
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Radhakrishna Chellapermal

Radhakrishna Chellapermal is a member of the Association of Chartered Certified Accountants since 1980. He is presently Director, Economic and Finance at the Ministry of Finance and Economic Development. After working in the private sector for 6 years, he joined the Ministry of Finance in 1983, where he has been involved in various projects relating to the financial services sector including the setting up of the Stock Exchange. He also assisted in the review of company legislation and the regulatory framework governing international business. Radhakrishna Chellapermal has also served on various committees, including the Company Law Advisory Committee and the Mauritius Accounting and Auditing Standards Committee.
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Raj Makoond

Raj Makoond is the Executive Director of the Joint Economic Council. He is a Board Member of the European Centre for Development Policy Management and member of the Mauritius Negotiating Team on WTO matters as well as ACP-EU relations. Raj Makoond has served as the Deputy-Secretary General of the Mauritius Chamber of Commerce and Industry from 1990 to 1993. From 1976 to 1990, he was economist and senior economist at the Ministry of Economic Planning and Development and was seconded to the Ministry of Commerce and Deputy Prime Minister’s Office and Ministry of Tourism. Raj Makoond holds a BA (Hons) in Economics and an MSc in Tourism Planning.
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Sanjay Gopaul

Sanjay Gopaul is an economist and a graduate of the London School of Economics. He is the lead partner in DCDM E&M, an independent economic and management consultancy firm, part of the De Chazal Du Mée organisation. Before joining the private sector in 1999, he conducted research on export market development and foreign direct investment for the Mauritius Export Development and Investment Authority. He now practises as a management consultant and works almost exclusively in sub-Saharan Africa. Sanjay Gopaul advises governments and public sector institutions on privatisation, public sector reform and organisational restructuring. He is also widely solicited by the private sector for advice on corporate strategy and new business ventures.
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Y. W. Manoj Appado

A practising Attorney for the last 21 years, Manoj Appado has been the legal advisor of two local government authorities and of the Tourism Authority, another regulatory body. Manoj Appado’s main field of practice is civil and commercial law. He also previously served as Vice-President of the Association of Mauritian Jurists, an organisation defending human rights issues.

The Secretary to the Board is Mr. R. Sokappadu.

The Chief Executive is Ms. Clairette Ah-Hen.

The Board of Directors carries out their functions through the following sub-committees:

  • Audit and Risk Committee
  • Corporate Governance Committee
  • Enforcement Committee
  • Investment Committee
  • Staff Committee