is Chief Executive of the Stock Exchange of Mauritius (SEM). An alumnus of AAI’s African Graduate Fellowship Program (AFGRAD), Benimadhu received a Master’s in Business Administration from the University of Illinois.
Benimadhu received the AAI 2016 Distinguished Alumnus Award for his remarkable achievements in fueling the economy in Mauritius at the Stock Exchange of Mauritius.
“I am humbled and deeply honored by the recognition bestowed on me by the highly respected Africa-America Institute,” said Benimadhu. “I am one of the very lucky 23,000 Africans who have benefitted from an AAI-led educational program. The training I received has played an instrumental role in shaping up my professional career. I congratulate AAI for its active transformational contribution to Africa’s present and future.”
Since May 1998, he served as Chief Executive of the SEM, after having held various positions in the securities industry. He has played an instrumental role in uplifting the operational, technical and regulatory infrastructure of the SEM and contributed to its emergence as one of the leading Exchanges in Africa.
Benimadhu is the Chairman of Global Finance Mauritius, the apex body of private sector operators in the Financial Services Industry in Mauritius. In 2014, he was elected to a three-year term on the Board of the World Federation of Exchanges (WFE). He previously was the President of the African Securities Exchanges Association (ASEA), an association of 23 Exchanges operating on the continent.
Before joining the SEM, Benimadhu worked in the Treasury Department of the African Development Bank (ADB), where he managed the Bank’s assets on international fixed-income markets.
Benimadhu also holds a D.E.A in Development Economics and a Maîtrise in Macro-Economics from the University of Aix-Marseille, France.