Dr. Priscilla Muthoora Thakoor Appointed Chairperson of the IILM Board of Directors

Dr. Priscilla Muthoora Thakoor, the Governor of the Bank of Mauritius, has been appointed as the Chairperson of the Board of Directors of the International Islamic Liquidity Management Corporation (IILM) following the institution's meeting on December 3, 2025. She succeeds Olayemi Michael Cardoso, Governor of the Central Bank of Nigeria.

"The Bank of Mauritius is honored to contribute to the development of Islamic finance globally while ensuring adherence to rigorous governance standards," commented Dr. Priscilla Muthoora Thakoor.

Based in Kuala Lumpur, Malaysia, the IILM is a vital global institution committed to promoting cross-border investment flows, strengthening international ties, and enhancing financial stability through the creation of Sharia-compliant liquid financial instruments.

Since its inception in October 2010, the IILM has played a crucial role in supporting Islamic financial institutions during liquidity crises and providing them access to high-rated liquidity instruments.