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

Mr. Patrick Payet

Mr. Patrick Payet

Chairperson

    Mr. Muhammad Saley

    Mr. Muhammad Saley

    Vice-Chairperson

      Mr. Richard Rampal

      Mr. Richard Rampal

      Board Member

        Ms. Anne Rosette

        Ms. Anne Rosette

        Board Member

          Mrs. Samanta Esparon

          Mrs. Samanta Esparon

          Board Member

            Mrs. Seylina Joymon

            Mrs. Seylina Joymon

            Board Member

              Ms. Kahaki Jere

              Board Member

                Mrs. Audrey Pothin

                Board Member

                  Mr. Robert Stravens

                  Board Member

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                    The Board carries out its function though the following sub-committees:
                    Audit and Risk Committee

                    The Audit Committee is charged with oversight of the FSA’s audit and control functions. The Audit Committee assists the Board in fulfilling its oversight responsibilities and reviews the financial reporting process, the internal control and risk management system, the internal audit process and the process for monitoring compliance with laws, regulations and governance.

                    Members of the Audit Committee

                    Mrs. Samanta Esparon – Chairperson

                    Mrs. Seylina Joymon – Member

                    Mr. Richard Rampal – Member

                    Secretary to the Committee Ms. Elizabeth Bodwell

                    The Term of Reference of the Audit Committee can be found here.

                    Location

                    Bois De Rose Avenue, P.O. Box 991

                    Victoria, Mahe, Seychelles

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