BANK OF MAURITIUS ENTERS INTO A STRATEGIC COLLABORATION WITH NIBM; JANUARY 19, 2023

National Institute of Bank Management (NIBM), Pune and Bank of Mauritius, Port Louis, Republic of Mauritius have executed a Memorandum of Understanding (‘MoU’) on the 19th day of January 2023. The MoU was signed by Mr Harvesh Kumar Seegolam, Governor, Bank of Mauritius and Dr Partha Ray, Director, NIBM. NIBM, an apex institution established in 1969 by Reserve Bank of India (RBI) and leading banks, offers training, research and consultancy in banking and finance and, Bank of Mauritius, as the Central Bank of the country, serves the purpose of, inter alia, licensing, regulating and supervising all banking, non-bank deposit-taking institutions, cash dealers and payment service providers and conduct monetary policy for Mauritius. Through this MoU, NIBM and the Bank of Mauritius agree to work together and will partner to establish a strategic collaboration to provide offline / online executive education / training on various prevalent topics related to Credit, Risk, Stressed and Non-Performing Asset Management, International Banking, Compliance, Leadership, Information Technology, Analytics, Human Resources and any other areas. This MoU will also pave the way to undertake joint projects, or research on subject areas of common interest, which will largely benefit the banking industry.

Dr. Partha Ray, Director - NIBM (L) and Mr. Harvesh Kumar Seegolam, Governor - Bank of Mauritius (R) after the signing of the MoU to establish a strategic collaboration.

(L-R) Dr. Kaushik Mukerjee, Professor & Dean, Executive Training Programme - NIBM, Dr. Partha Ray, Director - NIBM and Mr. Harvesh Kumar Seegolam, Governor - Bank of Mauritius along with his team.