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15 Apr 2016

New management structure to align leadership roles with the Bank’s core business lines

With the evolution of their respective roles, these senior members will hold the following responsibilities:

Thierry Vallet – General Manager Consumer Banking

Thierry Vallet has over 12 years of experience in the banking sector and is responsible for the Consumer Banking business. Thierry, who joined AfrAsia from the start, has the expertise and knowledge to expand the Bank’s Consumer Banking franchise which will accompany both Private & Personal Banking including Wealth Management.

Robin Smither – Senior Executive Corporate Banking

With over 15 years of experience in Corporate and Investment Banking, extensive knowledge of global markets, transactional banking and lending products, Robin Smither will bring his expertise to set the strategy to grow the Corporate Banking business both locally and internationally. His previous South African Corporate & Investment Banking experience and knowledge of the local market will complement the Bank’s core competencies to grow the business regionally while tapping into and further reinforcing the local network.

Yogesh Gokool – Senior Executive Global Business

Yogesh Gokool’s financial management experience spans over 20 years, having worked in the Global Business sector for both a domestic International Management Company (IMC) and a locally-based international bank. With extensive experience in the Global Business, fiduciary services and international management sphere, Yogesh will be responsible for providing best solutions to local and selected offshore IMCs and, their clients.

Parikshat Tulsidas – Senior Executive Treasury & Markets

Parikshat Tulsidas has over 10 years of experience in corporate investment banking and treasury, gained by working both in Mauritius in different roles as well as in China. As a Global Markets Advisor his experience will be key to devise long term strategy for the Treasury & FI functions to further grow the bank.

Sanjiv Bhasin, CEO of AfrAsia Bank highlights, “With a clear structure at the Bank, I believe the business will be able to understand customer needs better. We will be in a superior position to continue serving our clients’ financial requirements both for business and personal. It is also the opportunity for the team focus on client segments which have unique needs and be seen to service the requirements the way customers want.”

AfrAsia Bank is gearing towards delivering long-term sustainable growth by putting together a strong team with clearly demarcated responsibility areas.  Alongside reinforcing its banking capabilities, this new organization structure will promote better accountability, encourage better decision-making, more transparent information flows as well as drive further operational excellence. More importantly it will position customer at the center of its decision making process.