Mauritius Central Bank Chief to Resign After Calls to Step Down

Rama Krishna Sithanen

Photographer: Pieter Bauermeister/Bloomberg

Mauritius central bank Governor Rama Krishna Sithanen said he will resign on the prime minister’s request, after months of internal wrangling over how the institution was being managed.

On Saturday, Prime Minister Navinchandra Ramgoolam said he had asked Sithanen to step down, stating that the governor’s position “has become untenable.” Ramgoolam said he will appoint a new central bank chief and deputy governor in the coming days.