World | Africa

May 15, 2013

Rama Sithanen Appointed as Chairman of the Rwanda Development Board

Sithanen, former Minister of Finance and current Chairman of the International Financial Services (IFS) has been appointed Chairman of the Rwanda Development Board . This organization is the equivalent of the Singapore Economic Development Board .

"For some time, the Board sought a Chairman in Africa. He approached me for this position full-time. But for professional and family reasons, I agreed to serve part-time, " says Sithanen to Le express .

Sithanen believes that his appointment would result from three factors. First, experience in global business , as he had participated in the launch of this sector in Mauritius in 1992. Then there would be the tax reform he undertook in 2006 to boost the country's economy. And major economic reforms to make Mauritius to be resilient to the crisis.

Through this Board,  Rwanda wants to position itself as a Business & Finance Hub in West Africa. He wants to move to the category of low-income countries than in middle-income countries in the next five years.

It will also seek to develop industrial sites and projects Public Private Partnership.

 

Text by lexpress.mu
 

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