Pursuant to Section 10 (1) of the Economic Development Board Act 2017, the Board of EDB, after consultation with the Prime Minister, has appointed Mr Ken Poonoosamy as the Chief Executive Officer of the Economic Development Board (EDB) with effect from 01 March 2021.

Mr. Poonoosamy is taking over the position of the CEO of EDB after assuming the role of Acting Chief Executive Officer since November 2019. He was the Deputy Chief Executive Officer of EDB since its creation and previously the Managing Director of the ex-Board of Investment from 2011 to 2017.

The Board is confident that Mr Poonoosamy will deliver on EDB’s statutory missions of ensuring the efficient implementation of the national economic agenda with respect to driving investment and trade whilst providing strong institutional support for strategic economic planning and economic policy formulation.

By order of the Board