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Corporate Governance

Board of Directors

Setting AfrAsia’s Direction

AfrAsia Bank’s Board is responsible for signing off on the Bank’s strategy, ensuring its governance standards are upheld, while monitoring and assessing the Bank’s operations. The board is composed of:

  • OLIVIER EMMANUEL JAUFFRET
    OLIVIER EMMANUEL JAUFFRET
    Chairperson and Independent Non-Executive Director

    Former member of the Paris Bar

    Master of Laws (Ll.M Degree) in International Business Law
    University College London

    Diploma of Advanced Legal Studies (Dess/Djce/Magistere) in Business Law
    Aix-En-Provence University

    Master in Law
    Aix-En-Provence University

    Olivier graduated in 1991 from the Law University of Aix-en-Provence and subsequently from London University. He holds a DESS and Magistère in business law, tax law and accounting and a postgraduate law degree (LL.M) from University College London. He was admitted to the Paris Bar in 1994.

    Olivier spent his entire professional life as a lawyer (avocat) in the Paris office of two world leading international (UK and US) law firms, Linklaters and Weil Gotshal Manges, 22 years of which as a partner of each Firm successively. He has over 30 years’ experience as a fully versatile banking lawyer advising creditors and debtors (banks, funds and corporate) across the whole spectrum of products on the bank debt markets with in-depth knowledge of all financing and regulatory features. He was the head of the Paris banking practice at both Firms with a focus on clients and transactions with an international footprint and was widely recognized as one of the few leading banking lawyers of his generation.

  • ALASTAIR JAMES BRYCE
    ALASTAIR JAMES BRYCE
    Independent Non-Executive Director & Chairperson of the Audit Committee

    BCom (with Honours)

    University of Edinburgh, Scotland

    Associate: London Institute of Banking & Finance

    Associate: Hong Kong Institute of Bankers

     

    Alastair is an international banker with over 40 years of experience in the financial services sector.

     

    He has worked in 9 countries in both emerging and developed markets and has successfully undertaken a wide range of roles across the industry. These have included senior positions in global markets, corporate and investment banking and risk management.

     

    He is a former director of HSBC Bank (Mauritius) Ltd and was Chief Executive Officer of HSBC’s operations in Mauritius from 2013 to 2016. During that time, he also served as Chairman of the Mauritius Bankers Association.

     

    Alastair is currently a member of the Board of Advisors at Deheza Ltd, a London-based corporate intelligence provider specialising in Latin America, and Senior Advisor to the Chairman of Winds Enterprises Ltd, a global manufacturing and investment company. He is also a Trustee of UK-registered charities involved in child poverty relief and historic building conservation.

     

  • DORIANE DENISE-RAMA
    DORIANE DENISE-RAMA
    Independent Non-Executive Director & Chairperson of the Remuneration Committee

    Member

    MIoD

     

    MBA with Specialisation in Strategy with Distinction

    Edinburgh Business School, Heriot-Watt University, UK

    MBA with Distinction

    Edinburgh Business School, Heriot-Watt University, UK

    Bachelor of Business Administration with Distinction

    University of South Africa, South Africa

     

    Leveraging 22 years of working experience, Doriane’s fields of expertise span banking, strategic planning, business operations, relationship management and human resources. Doriane worked at the MCB Ltd and held positions in the Strategy, Research and Development, Business Banking and Human Resources functions during her sixteen-year stint therein. Her latest position has been to spearhead the Human Resources strategies of ENL group, one of the largest conglomerates in Mauritius.

     

    During her career, she has had the opportunity to work on short-term assignments in the Seychelles, Madagascar, Kenya and Rwanda, which have led her to look at the world of work from the prisms of multiple cultures. Her passion is the growth of people and the realisation of their dreams, epitomised by her past roles as Bank Relationship Manager for SMEs alongside being a part-time tutor to MBA students.

     

    Groomed into an HR professional and coach, Doriane puts her experience and energy in contributing to healthy and prosperous organisations by offering consultancy and coaching services to grow their people.

     

    Doriane is also a member of the MIoD and an active member of its Women Directors Forum, aiming at increasing the representation of women in C-suite and Board positions in Mauritius.

  • JENNIFER JEAN-LOUIS
    JENNIFER JEAN-LOUIS
    Chief Financial Officer and Executive Director

    Fellow Member
    Institute of Chartered Accountants in England and Wales
    Chartered Tax Advisor

    A Chartered Accountant with 20 years plus of experience, having practised locally and internationally in auditing, taxation and advisory, Jennifer returned to Mauritius in 2007 and joined AfrAsia Bank at its very inception stage to build the foundation of the financial framework and structure of the Bank. Apart from the responsibilities of overseeing the accounting team and in charge of the financial affairs of the Bank, Jennifer has participated in numerous strategic initiatives, including capital raising, mergers and acquisitions (M&A) and International Financial Reporting Standards (IFRS) transitions.

  • FIORANGELO SALVATORELLI
    FIORANGELO SALVATORELLI
    Independent Non-Executive Director & Chairperson of the Risk Committee

    D.Phil Engineering Science

    M.A Engineering Science

    University of Oxford/Exeter College, Oxford, England

    MSc Structural Engineering (Coursework)

    Universidad Simon Bolivar, Caracas, Venezuela

    MEng Civil Engineering

    BSc Civil Engineering

    Universidad Catolica Andres Bello, Caracas, Venezuela

     

    Fiorangelo Salvatorelli is CIO and Portfolio Manager of the ALANTRA Global Technology Fund. He is a Partner at Fusion Global Capital Ltd and Hermes Growth Partners Ltd. Fiorangelo was Partner and Head of Research at Lansdowne Partners.

     

    Fiorangelo has also held Senior Portfolio Management and Research roles at Newton Investment Management (now part of BNY Mellon), Fidelity International and CCLA Investment Management.

     

    Fiorangelo serves on the advisory board of FPE Capital (formerly Flemings Family & Partners Private Equity).

     

    Fiorangelo was a former consultant with McKinsey & Co. in Milan and London and a University Lecturer at the University of Oxford Department of Engineering Science and INSEAD Business School (Fontainebleau).

  • THIERRY VALLET
    THIERRY VALLET
    Chief Executive Officer and Executive Director

    Master of Business Administration - International Finance
    HEC School of Management, Paris

    Date joined AfrAsia: 20-Aug-07

    Engineer by trade, Thierry Vallet transitioned into the realm of banking following his MBA in International Finance at HEC Paris. With a career of over 20 years’ experience in the banking and finance industry, Thierry’s expertise spans across strategic management and business development, embracing corporate & investment banking as well as private banking and wealth management. Thierry joined AfrAsia Bank as Founder Executive and Head of Strategic Development in 2007, playing a pivotal role in shaping the Bank from its inception. Leveraging on international roadshows, Thierry has actively promoted the Mauritius International Financial Centre to position the Island as one of repute and substance. Under his leadership, AfrAsia Bank has earned numerous accolades and honours, including the recent recognition as Bank of the Year 2023 – Mauritius awarded by Financial Times’ The Banker. Beyond his professional pursuits, Thierry’s passion for golf has led him to play a key role in launching the AfrAsia Bank Mauritius Open since its inaugural year in 2015, showcasing Mauritius Worldwide as a major golfing destination and vibrant international business hub.  

  • KAMARAJ ANANDA (KRISHAN) VUDDAMALAY
    KAMARAJ ANANDA (KRISHAN) VUDDAMALAY
    Independent Non-Executive Director & Chairperson of Technology, Digitalisation and platforms Committee

    Master2 Degree in Project Management in New Information and Communication Technologies

    Institut d’Administration des Entreprise Nantes – France

    Georgia State University

    Master Degree in Management

    Institut d’Administration des Entreprise Nantes – France

    Degree in IT

    Institut Universitaire Technologique Nantes – France

     

    Currently living in France, Krishan is an expert in banking information systems, with over 15 years of experience managing complex technological projects for international financial institutions. He has led strategic initiatives in areas such as core banking systems transformation, risk management, banking compliance, and operational alignment.

     

    Since 4 years, he is a Consultant for a major European Banking Group, enhancing his expertise in IT project management and change management, while having a deep understanding of both regional and international regulatory frameworks.

     

    Having worked with BNP Paribas, BCP Bank (Mauritius), and BPCE International, Krishan has gained extensive knowledge of local Mauritian regulations and European standards, with a strong focus in risk management and banking compliance.

  • ANDY IVAN CHAN SOON SEN
    ANDY IVAN CHAN SOON SEN
    Company Secretary

    Member

    MIoD

     

    Fellow Member

    Chartered Governance Institute of UK & Ireland (“CGI’’)

     

    MBA with Specialisation in Financial Services

    Open University of Mauritius

     

    BA (Hons) Law and Management

    University of Mauritius

     

    Andy currently holds the post of Company Secretary of AfrAsia Bank Limited and its subsidiary. He is a Chartered Governance Professional with more than 12 years of experience in corporate governance matters and company secretarial practice.

     

    Prior to joining AfrAsia Bank in 2022, he was responsible of the Corporate Affairs cluster of the main subsidiary of a leading global multinational operating in the pharmaceutical industry. Andy also worked for various companies offering outsourced corporate and secretarial services to a diverse range of companies in various sectors. He started his career with a local conglomerate. Alongside his role as Secretary to the Board, Andy also acts as Secretary to all the Committees of the Board.

  • Teamwork
    Teamwork
  • Customer Experience
    Customer Experience
  • Innovation
    Innovation
  • Sustainability
    Sustainability