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Dhanesswurnath V. THAKOOR

Chief Executive / The Financial Services Commission - Mauritius
Dhanesswurnath V. THAKOOR

Mr. Dhanesswurnath Thakoor is the Chief Executive of the FSC Mauritius since 18 May 2020. He holds a Masters’ Degree in Information Technology, Electronics and Systems Automation from Polytech Lille – France and an MBA with Specialisation in Finance. Mr Thakoor also has over 25 years of Central Banking experience. In his capacity as Chief Executive, Mr Thakoor represents the FSC Mauritius in a number of international regulatory bodies and committees including the International Organisation of Securities Commissions (IOSCO), the International Association of Insurance Supervisors, the International Organisation of Pension Supervisors and the Committee of Insurance, Securities and Non- Banking Financial Authorities. The FSC Mauritius is the AMERC representative in the IOSCO Board for the term 2022-2024. Mr Thakoor spearheaded results-driven initiatives at the level of FSC Mauritius to complete the action items to address the strategic deficiencies identified by the FATF. These efforts have been instrumental for Mauritius to exit the FATF grey-list in October 2021. Mr Thakoor has also been at the forefront in the establishment of a modern regulatory framework of a spectrum of innovative financial products and services such as Virtual Assets, Variable Capital Companies, Structured Investment – Linked Insurance Business, Peer-to-Peer Lending, Crowdfunding, and Guidelines for the issue of Green Bonds, amongst others. He also led a number of digitalisation-driven projects amongst which the FSC One Platform and is now leading the National Insurance Claims Database project. Prior to joining the FSC Mauritius, he held the post of Assistant Director – Payments Systems and the Mauritius Credit Information Bureau (MCIB) at the Bank of Mauritius (BoM). He was also a member of the internal Fintech Committee and a member of the National Regulatory Sandbox License technical committee at the BoM. Mr Thakoor is a member of the Core Group for AML/CFT, the National AML/CFT Committee, the Interagency Coordination Committee, the National Regulatory Sandbox Licence Committee, the National Sanctions Committee, the National Committee on Corporate Governance, the RCE Governing Board and the Financial Reporting Council.