Board of Directors
Our Board of Directors comprises of high calibre multi-disciplined professionals with vast experience in the financial sector.
Appointed as Chairman: 15 February 2015
Qualifications: MBA degree from the Graduate School of Business of Columbia University, New York, N.Y, USA.
Lim Sit Chen (Maurice) is the founding partner of Stewardship Consulting, based in Singapore, providing strategy consulting services to family owned companies and government organisations. Prior to Stewardship Consulting, Maurice was in banking, advising public and private sector clients in treasury and risk management, financial strategy and investment management. He has worked in London, Montreal, New York, Singapore and Tokyo. A Mauritian and Canadian citizen, born in 1947, he lives in Singapore.
Appointed: 19 November 2015
Qualifications: MBA in Finance (XLRI Jamshedpur), B.Com (Hons) degree in Accounting and Finance (Delhi University)
Sanjiv, CEO AfrAsia Bank Limited, started his career with HSBC in 1979 and over the years, worked in various capacities mainly in the Corporate Banking, Investment Banking and Credit & Risk Management divisions in India, UK & Mauritius until 2004. His last role at HSBC was Chief Operating Officer HSBC India. From 2004 to 2008 he was the Managing Director & CEO of RaboBank in India and thereafter he joined DBS India, making that the fourth largest foreign bank in India. He has now been appointed CEO of AfrAsia Bank. Sanjiv holds an MBA in Finance from XLRI Jamshedpur, a B.Com (Hons) degree in Accounting and Finance from Shri Ram College of Commerce, Delhi University.
Appointed: 28 October 2011
Qualifications: Fellow of the Association of Chartered Certified Accountants
Jean-Claude Béga is a Fellow of the Association of Chartered Certified Accountants. He joined GML in 1997 and has been nominated as Group Head of Financial Services and Business Development of IBL Ltd on 1 July 2016. He is the Non-Executive Chairman of Phoenix Beverages Limited and Anahita Estates Limited and serves as Director of a number of companies including Alteo Limited, AfrAsia Bank Limited, Abax Corporate Services Limited, Lux Island Resorts Limited, Alteo Properties Ltd, Anahita Golf Ltd and Anahita Residences and Villas Limited.
Jean-Claude is a director of three listed companies on the Stock Exchange of Mauritius namely Alteo Limited, Lux* Island Resorts Ltd and Phoenix Beverages Limited (Non-Executive Chairman).
Appointed: 23 March 2015
Qualifications: Graduate of Ecole Normale Supérieure de Cachan and University degree (Economics, Paris-I Panthéon-Sorbonne)
Henri Calvet is the founder of H2C CONSEIL, a company offering advisory and training services to credit institutions and securities firms, in the main following fields: banking accounting, prudential rules, internal control (including risk management and compliance control). Prior to setting up his own business, Henri had worked for numerous banks, namely, BRED-BANQUE POPULAIRE, Compagnie Financière Edmond de Rothschild Banque and Compagnie Parisienne de Reescompte, inter-alia. He is not a director of any listed company in Mauritius.
Appointed: 16 January 2015
Yves Jacquot has a wide experience in the banking sector. He is presently the First Vice-President of International Development for the National Bank of Canada Group and the Deputy Chief Executive of NATCAN INVESTISSEMENTS INTERNATIONAUX SAS which is a subsidiary of National Bank of Canada. Previously, he was the Deputy Chief Executive of BRED BANQUE POPULAIRE and Managing Director of COFIBRED. Yves Jacquot is not a director of any listed company in Mauritius.
Appointed: 16 May 2017
Qualifications: ENSAE Paris (Université Paris-Saclay), DEA - Mathematics (Université Paris VI), Masters in Economic Sciences (Université Panthéon Sorbonne)
During his 33 years in the banking sector, Philippe has had a wide experience in the finance, asset management and audit fields. He retired as CEO of ‘Crédit Coopératif’, a co-operative bank in France. Since 2011, he became an independent consultant specialised in restructuring.
Philippe has also created a micro-finance network in West-Africa (Mali) in the nineties and has a strong knowledge of Madagascar where he lived for several years.
Appointed: 19 December 2016
Qualifications: Bachelor of Commerce (Concordia University. Montréal)
With 35 years experience in the banking industry, Luc Paiement is recognized for his strong interpersonal skills and his ability to foster a culture of customer service excellence within his teams. Mr. Paiement has held a variety of strategic positions in the wealth management, corporate and investment banking and institutional equity sectors. During his time at National Bank, he has been a key contributor to a series of transactions that have profoundly changed the organization and positioned it as a leader in Canada in a range of disciplines and in 1999 was named one of Canada's Top 40 under 40. Mr. Paiement has been ranked among the Top 25 of Quebec’s financial industry five times.
Appointed: 16 August 2011
Qualifications: FAICD (F) - Australian Institute of Company Directors, MAIE (M) Australian Institute of Energy
Educated in Sydney, Australia, Graeme has lived in Southeast Asia since 1972 and has been responsible for pioneering the development and managing internationally world class mining, energy and infrastructure operations. He is a recipient of the ASEAN Development and the Millennium 500 Awards in 1996 and 2000 respectively for his contribution to growing significant commercial operations in developing nations in Asia. Graeme is the Chairperson and owner of Intrasia Capital Pte Ltd, a private investment group in Singapore and its subsidiaries including Vita Rice Limited developing healthy rice production in Mauritius. He is also Chairperson of listed companies Intra Energy Corporation and NuEnergy Gas Limited for coal mining and gas extraction. His companies operate extensively in Eastern Africa in coal production and supply, electricity generation, drilling and domestic gas development.
Graeme is a humanitarian with interests in poverty alleviation and health improvement. He is a personal Advisor to the Vice Prime Minister and Minister of Energy and Public Utilities in relation to the energy future of Mauritius.
He is not a Director of any company listed in Mauritius.
Appointed: 20 April 2016
Qualifications: Keble, Oxford University, UK (MA Hons in PPE, Philosophy, Politics & Economics)
Before joining the banking sector, Arvind Madan Sethi was Assistant Editor for the Economic Times from 1979 to 1980. While beginning his career in banking in 1981, he spent virtually his time in a dealing rooms occupying key roles - From 2001 to 2012, he was Wealth Advisor and Consultant and Trainer in Financial markets and Derivatives; he has been Managing Director & CEO of Tata Asset Management Ltd from 2012 to 2015 and has served as Board Director in Rabo India Finance Limited, Canara Robeco AMC and Old World Hospitality. From 1981 to 2001, Arvind has spanned several key responsibilities whereby he was Managing Director Global Markets at Bank of America, General Manager Global Markets at ANZ Grindlays Bank, Manager Treasury and Head of Retail Banking at HSBC India and handling the Dept Capital Markets at HSBC London.
Appointed: 1 November 2013
Qualifications: ESSEC – Ingénieur Telecoms – MBA Cranfield University (UK)ESSEC – Ingénieur Telecoms – MBA Cranfield University (UK)
Nicolas Weiss is a Telecommunications engineer. He is an Essec Business School graduate and holds an MBA from Cranfield (UK). Nicolas Weiss started his career in 1988 at Deltabanque, where he developed an interest rate risk management system. He later developed portfolio insurance and market arbitrage models. In 1991, he joined M.Philippe Oddo and helped raise the clientele of Institutional Investors for mutual funds actions, bonds and derivatives. In 1993, he joined Mr. Le Baron Edmond de Rothschild and was General Manager and Shareholder to the creation of AssMgt subsidiaries of the Rothschild Group in Europe: Rothschild Asset Management (EUR20bn), E.de AssMgt Rothschild Investment Services (USD4bn), and Rothschild Multi Management (EUR5bn). Nicolas Weiss was also director and treasurer for ‘Rothschild Fundations’ since 1997. He left the Rothschild Group in 2010 to settle in Mauritius. Nicolas Weiss has been teaching finance at ESSEC, at Paris Dauphine and at Arts et Métiers. He is a jury member at ESSEC since 1987.