Mauritius Central bank in search of anti-fragility
Mr Rundheersing Bheenick, Governor of the Bank of Mauritius addressing at the Gala Dinner on the occasion of the Second Meeting of the Official Monetary and Financial Institutions Forum (OMFIF) in Africa, hosted by the Bank of Mauritius of all the memorable events that the Bank of Mauritius has staged in this Dining Room and there have been quite a few - tonight's event is surely one of a kind.
This is the very first time that we are welcoming at the Bank His Excellency Rajkeswur Purryag, G.O.S.K., GCSK, since he acceded to the exalted position of President of the Republic of Mauritius four months ago.
Mr President, we are deeply honoured by your presence amongst us tonight. This is also the first time that we are hosting a meeting of the Official Monetary and Financial Institutions Forum. We are conscious of the honour OMFIF is doing us, a small Central Bank
of a small island-state, by giving us the privilege of hosting this event.
This is only the second time that OMFIF is holding a meeting in Africa. Now bankers and central bankers are supposed to have a head for numbers - cynics have their doubts. We are struck by a strange coincidence.
When the South African Reserve Bank hosted the first meeting in Africa, it happened to be celebrating its 90th Anniversary. As we host this second meeting, we are celebrating the 45th Anniversary of our Bank.
I am sure numerologists and others of their ilk may discern some hidden esoteric meaning in those numbers. And this is what we intend to discover during the next two days.
Let me say a few words on OMFIF for our guests who may not be very familiar with its work.
Founded in 2010, OMFIF regroups diverse players from the public and private sector, central banks, sovereign wealth funds, and academia who get together to exchange views and share experience with the objective of improving performance and achieving prosperity.
This second meeting provides a remarkable networking opportunity. We can therefore reasonably expect very enriching debates and exchanges at the various sessions.