Board of Directors

The Board of the FSA is the governing body of the Authority and is empowered pursuant to Section 6 of the FSA Act to establish the policy of the Authority and monitor and oversee its implementation. The Board oversees the management of the Authority by the Chief Executive Officer in terms of ensuring that the resources of the Authority are utilized economically and efficiently, the internal management and financial controls of the Authority are adequate, that the Authority operates in accordance with the principles of good governance and fulfils its statutory obligations and properly discharges its functions. The Board is established pursuant to Section 5 of the FSA Act. The Board is presided over by the Chairperson, who is appointed by the President.

The members of the Board are appointed for a fixed term. Members include representation from both the public and private sector. Membership is in line with Section 5 of the FSA Act and includes both ex-officio representatives as well as members appointed by the President.

President Wavel Ramkalawan appointed the current Board of the FSA, effective 21st January, 2024, for a term of three years.

The Secretary to the Board is Ms. Taryn Auguste.

Capacity in accordance with Section 5 of the Financial Services Authority Act, 2013

S5(1)(a)     Chairperson - Mr. Patrick Payet

S5(1)(b)     Chief Executive Officer - Mr. Randolf Samson

S5(1) (c)    Principal Secretary of the Ministry responsible for Finance or a representative of the Principal Secretary - Mrs. Seylina Joymon

S5(1)(d)   Attorney-General or a representative of the Attorney General -  Ms. Kahaki Jere

S5(1)(e) Chairperson of the Seychelles Chamber of Commerce and Industry or a representative of the Chairperson - Mr. Robert Stravens

S5(1)(f) Chairperson of the Seychelles Bankers' Association or a representative of the Chairperson - Mrs. Audrey Pothin

S5(1)(g) Governor of the Central bank of Seychelles or a representative of the Governor - Mrs. Samanta Esparon

S5(1)(h) Chief Executive Officer of the Seychelles Investment Board or a representative of the Chief Executive Officer - Ms. Anne Rosette

S5(1)(i) Appointed by the President - Mr. Richard Rampal

S5(1)(i) Appointed by the President - Mr. Muhammad Saley