Sunil Benimadhu, CEO, Mauritius Stock Exchange

Mr. Sunil Benimadhu has been in office as Chief Executive of the Stock Exchange of Mauritius since May 1998 after having held various positions within the Securities Industry. Mr Benimadhu is currently an Executive member of the South Asian Federation of Exchanges, which comprises twelve Stock Exchanges of the South Asian region, including the Stock Exchange of Mumbai. He was also, from 2001 to 2003, the Chairman of the SADC Committee of Exchanges, which comprises ten Stock Exchanges of the Southern African region, including the JSE Securities Exchange. Mr Benimadhu is also a Board member of the Financial Services Promotion Agency (FSPA).

Prior to joining the Stock Exchange of Mauritius, Mr. Benimadhu was a Principal Portfolio Manager at the African Development Bank (ADB) from February 1997 to April 1998. During his term of office with the ADB, Mr. Benimadhu was responsible of the management of the Deutschemark and French Franc denominated portfolios on international fixed-income markets.

Mr. Benimadhu was the General Manager of the National Mutual Fund Limited in Mauritius between December 1992 and February 1997 where he managed two open-ended mutual funds and one investment company with holdings on the Mauritian stock market and on international markets. He also played an instrumental role in the structuring, marketing and setting up of the National Investment Trust Limited, one of the largest investment companies listed on the Stock Exchange of Mauritius. Mr. Benimadhu acted as Consultant in a feasibility study commissioned by the European Union on the setting up of a regional Stock Exchange in Eastern and Southern Africa in the context of the Cross-Border Initiative.

Mr. Sunil Benimadhu holds a MBA in Finance and Investment from the University of Illinois, United States. He also holds a D.E.A in Development Economics and a Maîtrise in Macro-Economics from the University of Aix-Marseille, France.