CEO Today - Global Awards 2023

CEO Today Global Awards 2023 - SEYCHELLES - - 100 - Caroline Abel Governor Central Bank of Seychelles (CBS) Can you tell us more about the journey you took to becoming Governor of the Central Bank of Seychelles? Becoming a central banker stems from my passion for mathematics, which I studied alongside economics and geography at Advanced Level at the Seychelles Polytechnic’s School of Humanities and Sciences. Whilst I qualified for a government scholarship to pursue university studies abroad after successfully completing my A-Levels, I was adamant about gaining some work experience before undertaking further studies, which led to the beginning of the journey that has brought me to where I am today. My first job was a junior position at the Social Security Fund in December 1993, where my abilities did not go unnoticed and led to my transfer to the Central Bank in March 1994. I was formally appointed Senior Bank Clerk in September 1994 after a six-month probationary period, which officially marked the beginning of my central banking career. I was given the opportunity to rotate and spend about two months in each division, after which I was asked to choose where I wanted to work. I chose Research and Statistics, and this is where my journey as an economist started. Two years after joining the Central Bank, I got the opportunity to pursue undergraduate studies at the University of Leeds, graduating with a BA in Economics with Distinction. Upon my return, I worked as a Research Officer in the Research and Statistics Division, where I spent most of my career with the Central Bank. I became a Senior Research Officer in the same division in 2001 and, subsequently, Director of Research in 2002. In 2004, I decided to pursue a Masters in Philosophy (MPhil) in Monetary Economics and Finance at the University of Glasgow, where I graduated with Distinction in 2005. Upon my return, I was promoted to Head of Research and Statistics, a post I held until I was appointed Deputy Governor in July 2010. Following amendments to the CBS Act to allow for the appointment of two Deputy Governors, I was appointed First Deputy Governor in December 2011. I was appointed Governor in March 2012, becoming the first woman to hold the position in Seychelles. I am serving my second six-year term as Governor following my re-appointment in March 2018.

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