Mauritius PM Requests Central Bank Governor Resign Following Staff Dispute
Mauritius PM Requests Central Bank Governor Resign Following Staff Dispute
LN24 / 4 minutes
September 20, 2025
1 min read
The Prime Minister of Mauritius, Navin Ramgoolam, announced on Saturday that he has asked Central Bank Governor Rama Sithanen to step down. He will appoint a new second deputy governor on Monday and subsequently name a new governor, amid signs of a power struggle within the bank.
Deputy central bank governor Gerard Sanspeur resigned on August 29 after clashing with the governor’s son, whom he accused of trying to interfere in the running of the institution. Sanspeur was the third most senior official at the central bank and held the title of second deputy governor.
Sanspeur told a press conference last month that the governor’s son “wanted to interfere in banking licences processes, in recruitment and laying off of staff and tender procedures.”
Sithanen has said the accusations against his son were false.
Ramgoolam told reporters on Saturday: “It was clear that Rama Sithanen’s position had become untenable. This situation is unacceptable. In order for the Bank of Mauritius to regain its serenity, I asked the Governor to step down.”
“I do not question his competence,” he added.
