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Seychelles Central Bank Governor Caroline Abel Resigns After 14 Years

Caroline Abel resigned as Central Bank of Seychelles governor on 16 September 2026 after 14 years; deputy Brian Commettant steps in as acting governor with IMF reviews pending. The post Seychelles Central Bank Governor Caroline Abel Resigns After 14 Years appeared first on The Rio Times .

Caroline Abel, the first woman to govern the Central Bank of Seychelles since 2012, has resigned after 14 and a half years in office. Her deputy, Brian Commettant, assumes the role as acting governor immediately, pending a permanent successor to be chosen. The bank's statement emphasized continuity, highlighting the improved state of the institution Abel inherited.

The International Monetary Fund (IMF) programme approved by the March 2026 mission remains in place, supporting Seychelles' economic policies worth approximately US$105.1 million. The country's economy has stabilized, with 5.1% growth in 2025, minimal inflation, and a fiscal surplus of 2.5% of GDP. Public debt is 53.6% of GDP, and reserves cover over four months of imports.

Abel's resignation, effective before her third term ends in March 2027, does not disclose the reason behind her decision.

Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at riotimesonline.com →

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