Directors

Neemalen Gopal

Chairman and Non-Executive Director

Neemalen Gopal holds a DEUG A Diplôme Universitaire D'Etudes Générales) from University of Réunion Island, a MIAG (Maitrise Informatique Appliquée à la gestion) and a DEA (Diplôme des Etudes Approfondies) - Artificial Intelligence from University of Grenoble, France.

He is an experienced Chief Executive Officer with a solid track record of achievements, both in the Public ad Private sector of Mauritius. He currently acts as the IT Cluster Director of the Leal Group IT Cluster namely: Leal Communications and Informatics Limited, DistriPC Ltd and Solinfo SARL (Reunion). He has also been a Board Member of the Internet Management Committee (ICTA), National Computer Board, State Informatics Limited, UOM Enterprise ad a council member of the University of Mauritius. He was the winner of the Africa Leadership Award (Information Technology) in December 2014. He is presently a board member of the Financial Reporting Council and a Fellow of the Mauritius Institute of Directors (MIoD).

 

Guillaume Hugnin

Vice-Chairman and Non-Executive Director

Guillaume Hugnin studied at the University of Cape Town in South Africa where he graduated with Honours in Economics. He completed his studies in 1997 by obtaining an MBA from the University if Surrey, United Kingdom.

Guillaume worked in South Africa and Australia for several years before joining the Eclosia Group of Companies in 1993. He has developed the export activities of the Group in Africa, Asia and the Gulf. He has participated in the creation and/or the development of many of Eclosia's companies. He is very experienced in international trade and logistic. He participated in many trade negotiating forums at SADC, and Comesa. Based at the Group's Corporate Office, he heads the Eclosia Group Export Division.

Guillaume has directorships in the FMCG sector, the hotel industry and is the past Chairman of the Mauritius Exporters Association (MEXA). He has also acted as Council member of the Joint Economic Council (JEC). He is a Board Member of Phoenix Beverages Co Ltd since 2011 and acts as Chairman for its Corporate Governance Committee. He is a fellow of the MIoD.

 

Sanjiv Bhasin

Non-Executive Director

Sanjiv Bhasin is currently the CEO of AfrAsia Bank Limited. He has over 38 years of banking experience having held senior positions in Asia, Africa and UK markets and has headed international banks over the past 18 years as CEO. He 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 growing the franchise to become the largest one in all foreign Asia. He thereafter joined DBS India, leading them to be the fourth largest foreign bank in India during his tenure while conceiving their digital banking array.

He is a successful leader of change and a major driver of growth at both corporate and operational levels, with a track record of delivering results in competitive markets. Sanjiv continues to build beneficial customer and staff relationships while driving banks to embrace the digital change.

 

Gyaneshwarnath (Gary) Gowrea

Independent Non-Executive Director

Gyaneshwarnath Gowrea, also known as Gary, is a Director of Taxand (Mauritius) Ltd. Gary has more than twenty years' experience in international taxation and advises on tax structures set up by multinational corporations, fund managers and high net-worth individuals. He has served as the Managing Director of CIM Tax Services subsidiary of CIM Financial Services Limited. He is a speaker at several local and international conferences. He completed his secondary education at John Kennedy College in Mauritius and holds various professional qualifications, including being a fellow of the Chartered Association & Certified Accountants, United Kingdom and a Fellow of the Mauritius Institute of Directors. He is a Member of the Society of Trust and Estate Practitioners (UK) and the International Fiscal Association. He holds a Diploma in International Taxation. He holds an M.Sc. in Accounting from De Monfort University in Leicester, UK.

 

Dr Linda Mamet

Independent Non-Executive Director

Dr Linda Mamet holds a BSc (First class) degree in Biology and Applied Psychology from the University of Aston, UK and an MPhil and a PhD in Plant Genetics from the University of Cambridge, UK.  Her doctoral thesis has led to changes in the way new varieties of sugar cane are developed at the Mauritius Sugarcane Industry Research Institute where she worked from 1986-1999.  In 1999 she joined the Regional Training Centre (RTC) and she became the Director in 2005. The RTC is a centre of international excellence for sustainable development, whose core business is the provision of training for the sugarcane industries of the region.

She has carried out several consultancies and has authored/co-authored/edited numerous reports and papers.  She is a Fellow of the Mauritius Academy of Science and Technology and a Fellow of the Mauritius Institute of Directors. She is currently the Chairperson of the Société de Technologie Agricole et Sucrière de Maurice (STASM). She was formerly a member of the Council of the University of Mauritius (UOM), and has served on the University‘s Staff, Recruitment and Audit Committees. She has served as Council member of the Human Resources Development Council (HRDC) and was Chair of the Agro-industry Committee of HRDC, and a Member of the Audit Committee. She was Vice-Chair of the Industrial and Vocational Training Board (IVTB), and was previously Chair of the Industry Advisory Committee for Agro-industry of the Mauritius Qualifications Authority. She has also chaired the National Committee of Mauritius for the United World Colleges (UWC).

 

Roshan Ramoly

Independent Non-Executive Director

Roshan Ramoly has worked in the financial services and banking industry for more than 12 years at senior managerial levels. He started his career as a Management Consultant with KPMG and DCDM Consulting before branching out into the financial services industry.

Roshan has worked for 10 years with the Cim Group, where he ended as the Managing Director of Cim Stockbrokers, the largest stockbroking firm in Mauritius, while simultaneously being the Chief Executive Marketing, Communications and CSR for group.  Roshan joined Barclays Bank Mauritius from 2012 to 2014 as Head of Strategy, Marketing, Communications, Citizenship and Events. During his tenure at Barclays, Roshan was also responsible for Customer Experience for more than a year.

Roshan was the interim CEO of the MIoD until the 30th of November 2017. He is the Director of LinearArc Solutions that offers training in soft skills.  Roshan also acts as an independent director on a number of boards.

 

Christine Sauzier

Non-Executive Director

Christine Sauzier is the Head of Legal of CIEL Group. She advises companies within the CIEL Group on compliance, deal structuring and shareholder matters, while also liaising with international and local lawyers in drafting, reviewing and negotiating commercial contracts and other legal documents. She has also been instrumental in dealings with the regulators like Bank of Mauritius, Financial Services Commission and with the Stock Exchange of Mauritius. Christine has been involved in various Mergers & Acquisitions transactions for the Group with exposure to diverse industries like Banking, Hotels, Property, Healthcare, Private Equity, Textile, Agro Business and Fiduciary. She has also been involved in cross border deals in various countries notably in Sub-Saharan Africa, Indian Ocean and Asia.

She is a Director on various listed companies namely The Medical and Surgical Centre Ltd, IPRO Growth Fund Ltd and IPRO Funds Ltd (IPRO African Market Leaders Fund - Class (I2) Institutional Class).

Christine is an Attorney-at-Law and holds an LLB (Hons) from the University of Mauritius and a Licence en droit privé from the Faculté des Sciences Juridiques, Université de Rennes, France. She is a fellow of the MIoD.

 

Jozef Tournel

Independent Non-Executive Director

Jozef Tournel is a Business Consultant, specialized in Organisational Design, Business Strategy development and implementation of Human Capital development projects.

Jozef is the practice lead of Financial Services for Africa at EMA Partners International, a Global Executive Search & Organisational Design Company. His know-how in financial services is especially focused on Private Banking and Wealth Management, Private Equity and Investment Management. He worked as Managing Director for UBS Wealth Management and TPG Capital in Switzerland. He is currently an Independent Director on the Board of Bank Once Limted.

Jozef holds a Bachelor in Strategic HR Management from the Brussels University and a Financial Management post-university degree at the Antwerp University. He is a Fellow of the Mauritius Institute of Directors and is also a holder of an ISO 9001 lead audit certificate.

 

Nathalie Venis

Independent Non-Executive Director

Nathalie Venis’ international career spans almost three decades. She reckons over 10 years of managerial experience in the LPG industry, and is currently Head of Downstream & Storage at Petredec.

Nathalie, who holds dual French and Dutch citizenship, joined Petredec in 2008 as Manager of Petredec Reunion SAS, an LPG cylinder distribution business. In 2012, she was appointed Regional Manager South Indian Ocean, and as such she was closely involved with the construction of the 15,000 mt LPG import and re-export terminal by Petredec (Mauritius) Ltd. at Port Louis, Mauritius. Today her main responsibilities at Petredec are to oversee the Group’s operations in both Mauritius and Reunion Island.

She started her rich career as an officer of Sociale Zaken en Werkgelegenheid, a Government organisation for labour and social assistance in The Netherlands. She then moved on and acquired close to 10 years of working experience in the Dredging and Land Reclamation industry, first as (Financial) Management Assistant and Paralegal with the Dutch Royal Boskalis Westminster Group and later in Reunion Island as Site Administrator with the Belgian DEME Group. In between she spent 6.5 years working as a Senior Consultant for Cartesis SA, now part of SAP, a French software editor specialised in Business Performance Management solutions for large and complex groups.

Nathalie Venis is a Member of the National Committee on Corporate Governance and Board Member of the IFE Foundation.

 

Eddy Jolicoeur

Executive Director & Chief Executive Officer

Eddy Jolicoeur holds of a Degree in Economics, Social Policy and Administration from the University of Kent and of a Master’s Degree in Human Resource Management from the University of Surrey, he started his career, upon returning to Mauritius, in the sugar industry as Human Resource and Public Relations Executive. He has worked consecutively at Deep River Beau Champ, Mon Désert Alma and Medine. He then joined the Rogers Group as Chief Human Resources Executive in the year 2000, where he had the opportunity to sit as Director on several boards in Mauritius and abroad. He has also been the representative of Rogers as a Director of the board of Viva Voce and also of the Charles Telfair Institute. In 2008, he has been appointed Group Head of Human Resources of the MCB Group, a post which he held until April 2018. Eddy is also Adjunct Professor at the University of Mauritius, where he is a part-time lecturer. He is also a visiting fellow at the ESCP European Business School.

 

Danny Balluck

Independent Non-Executive Director

Danny Balluck joined Standard Chartered Bank (Mauritius) Limited as Chief Financial Officer in February 2014 and is also an Executive Director on the Board of the Bank. As CFO and member of the board, he actively contributes in the creation and delivery of sustainable shareholder value. This is done by the management and partnering with the business to achieve a sustainable long term growth while ensuring the company maintains a continuous financial discipline,  sound system of Internal financial control, compliance with law and regulation. Strategy, performance, capital, liquidity, governance, culture and values are the areas which are embedded in his day to day responsibilities. Danny is also a Director of Standard Chartered Private Equity companies, Mauritius.  

Danny is a Fellow of the Association of Chartered Certified Accountant UK, member of the Mauritius Institute of Professional Accountants and also a member of the Mauritius Institute of Directors. In July 2018, he was appointed Chairman of the Financial Reporting Monitoring Panel of the Financial Reporting Council of Mauritius. He has more than 20 years of experience in finance, auditing, banking and investment. Danny spent several years at EY and has also been working in different key sectors of the economy, including textile, hospitality and financial services.

Prior to joining the Bank, he spent nine years in the financial services sector within the CIEL group , as CFO of Investment Professionals Limited and Bank One Limited. In his previous role at Bank One Limited, he was also responsible for the formulation of the strategy for the Private Banking and Wealth Management segment. Danny is highly engaged in the thought leadership agenda and working closely with the Central Bank and key Ministries on the development of the jurisdiction as an emerging International Financial Centre

 

Sheila Ujoodha

Independent Non-Executive Director

Sheila is the Managing Director of SmarTree Consulting Ltd with 18 years of hands-on experience in internal audit, risk management, corporate governance and process improvement on the local market and internationally. She is a respected presenter and was actively associated with corporate governance related courses held by the MIoD. She also chaired a discussion panel and was a speaker at the MIS Training Institute (UK) 12th Annual Audit, Risk and Governance Africa Conference in 2017.Her participation extends to the Audit Committee Forum established by the MIoD and KPMG to help Audit Committees in Mauritius improve their effectiveness.

As a fellow member of the Chartered Institute of Certified Accountants and the Mauritius Institute of Directors (MIoD), Sheila’s membership extends to the Chartered Institute of Internal Auditors in UK and the Mauritius Institute of Professional Accountants. She is a diligent member of the Women Directors Forum established by the MIoD to push for more women on boards and at leadership level in private and public organisations in the country. She was awarded the Africa Woman Leaders Award in 2018. Sheila was previously the Chief Audit Executive at Cim Financial Services Ltd (Cim Group), a financial services group listed on the Stock Exchange of Mauritius, comprising of Cim Global Business (now SGG Group) and Cim Finance.

Her career started as Internal Audit Manager with British American Tobacco (Mauritius). She has worked in several countries including Reunion, South Africa, Kenya, Nigeria, Zimbabwe, Zambia and Mozambique. In 2005, she joined Rogers & Co Ltd as General Manager of the Risk & Audit Department and was subsequently promoted Chief Risk & Audit Executive in 2007. She was transferred to the Cim Group in 2012, where she supported the entity in achieving its strategy and long-term goals by mitigating business risks and also provided internal audit services to the Taylor Smith Group of Companies, The BrandHouse Ltd and the Scott Group of Companies.