Vishal Joyram appointed as Chief Executive Officer of AfrAsia Bank

AfrAsia Bank is pleased to announce the appointment of Vishal Joyram as its new Chief Executive Officer, effective 2 October 2025, marking an important step in the Bank’s transformational journey. He succeeds Thierry Vallet, who has stepped down from his role.

 

“Vishal is a seasoned professional in the Banking and Finance sector whose deep expertise will be instrumental in leading the Bank into its next phase of growth. With his proven track record, we have full confidence in his ability to build on our solid foundation, seize new opportunities in our target markets and drive the Bank’s ambitious strategy forward. The Board extends its heartfelt thanks to Thierry Vallet for his leadership, dedication and invaluable contribution to the Bank’s growth and success over the years”, stated Olivier Jauffret, Chairperson of AfrAsia Bank.

 

With over two decades of experience in banking and finance, Vishal has held senior leadership roles spanning Global Markets, Treasury and Wealth Management. He brings to the role a unique blend of strategic insights and operational expertise, which will be key in strengthening the Bank’s brand positioning and enhancing service excellence for its client portfolio.

 

Vishal served as Head of Global Markets at a leading global and African financial services group, where he actively contributed in executing the bank’s strategic agenda across key regions, driving robust growth. He also previously served as Vice-Chairman of the Stock Exchange of Mauritius. Vishal brings a strong background in regulatory and Central Bank engagement, with experience in complex matters ranging from foreign currency markets, interest rate policy and risk frameworks. He is equally passionate about fostering a culture of continuous learning and sustainable growth. Vishal holds a Global Executive MBA from INSEAD and a Master in Economics – Banking and Monetary Policy from the University of Paris Dauphine, France.

 

Commenting on his appointment, Vishal Joyram stated, “I am enthusiastic to lead AfrAsia Bank at such a pivotal time. This is a unique opportunity to shape a forward-thinking, resilient and client-centric bank, aligned with the evolving needs of our clients. With the strong foundation in place and the support of the talented team at the Bank coupled with the distinct can-do attitude of the AfrAsians, I look forward to steering the Bank into its new chapter of growth.”

 

On 2 October 2025, AfrAsia Bank proudly marks its 18th anniversary, celebrating its nearly two decades of presence in the Mauritius banking and finance landscape since its establishment in 2007. Today, AfrAsia stands as a systemic Bank in Mauritius, recognised for its distinct expertise and ability to serve clients in over 160 countries, bridging Africa, Europe and the rest of the world. The Bank’s global footprint is further reinforced by The Access Bank UK Limited—its principal shareholder and a key stakeholder in strengthening investment and trade flows in international markets, leveraging Mauritius as a strategic hub. The Access Bank UK Limited is a leading pan-African financial services provider headquartered in London and operating across key global markets including Paris, Malta, Dubai, and Hong Kong.