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Indur Ramphul

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Sir
Indur Ramphul
Governor of the Bank of Mauritius
In office
June 1982 – March 1996
MonarchQueen Elizabeth II
Preceded byGoorpersad Bunwaree
Succeeded byMitrajeet Dhaneswar Maraye
Chairman of the Offshore Banking Technical Committee
Personal details
Born(1931-10-10)10 October 1931
Died2019 (2020)
NationalityMauritian

Sir Indur Ramphul (10 October 1931 – 2019) was a notable figure in the Mauritian banking and financial sectors. After 16 years at the Accountant General Department and the Ministry of Finance, he joined the Bank of Mauritius in 1967 as a Manager. He was subsequently promoted to Chief Manager, managing director, and finally, in June 1982, to the position of Governor of the Bank of Mauritius.[1] Additionally, he served as an alternate Governor for Mauritius at the International Monetary Fund.[2]

Ramphul has contributed significantly to the development of the banking sector in Mauritius and the modernization of the country's banking legislation. He played a pivotal role in the development of offshore banking in Mauritius and was the Chairman of the Offshore Banking Technical Committee until 1996, a body established by the Government to oversee various aspects of offshore banking, including the issuance of offshore banking licenses.[2]

Recognition

In recognition of his services to banking in Mauritius, he was knighted on 31 December 1990, by Her Majesty Queen Elizabeth II, based on the recommendation of the then Prime Minister of Mauritius.

Personal life

Ramphul was born on 10 October 1931.[2]

He pursued studies in Public Administration at the University of Exeter in the UK from 1962 to 1964 and attended Central Banking Courses at the Bank of England in 1969 and the Federal Reserve Bank of New York in 1976.[2]

Ramphul was proficient in both English and French, and his leisure activities include reading and swimming. He was married with two children.[2]

Ramphul died in 2019.[3]

References

  1. ^ "Sir Indurduth Ramphul". Bank of Mauritius. 31 May 2016. Archived from the original on 19 June 2021. Retrieved 11 July 2024.
  2. ^ a b c d e "Sir Indur Ramphul – Former Governor - Bank of Mauritius" (PDF). Bank of Mauritius. Archived from the original (PDF) on 25 November 2022. Retrieved 11 July 2024.
  3. ^ "Eulogy for Sir Indurduth Ramphul, former Governor of the Bank of Mauritius, by Yandraduth Googoolye, Governor, Bank of Mauritius, prior to a moment of silent contemplation with the staff of the Bank". Bank of Mauritius. 10 June 2019. Retrieved 11 July 2024.