Leadership and Governance

Skills and Experience

Holder of the National Laureateship, Mr Kee Chong Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). is an economist who graduated from the London School of Economics. He is the founder of the Mauritius International Trust Co. Ltd, one of the first professional firms licensed to provide financial services to international private and institutional clients.

During his career, he has served as Lecturer in Public Finance at the University of Mauritius, Project Manager at the Mauritius Cooperative Bank, and Advisor to the Minister of Finance in fiscal and monetary matters. He set up the first Mutual Fund in Mauritius, which was also the first Fund authorised by Government to make investments in global markets. He also launched the first Property Unit Trust of Mauritius.

Furthermore, he was Chairman of the Stock Exchange Commission (the predecessor of the Financial Services Commission), the State Investment Corporation Management Ltd and the National Advisory Council on Prices and Consumer Protection. He also served on several Statutory Boards such as the State Trading Corporation, the National Remuneration Board, the National Economic and Social Council and the University of Mauritius. Mr Kee Chong Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). was also Consultant to the United Nations Economic Commission for Africa (UNECA), the U.N. Industrial Development Organisation (UNIDO) and the Finance and Investment Sector Coordinating Unit (FISCU) of the Southern African Development Community (SADC) Council of Finance Ministers.

Mr Kee Chong Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). was an external lecturer on the MBA Programme of the University of Surrey School of Management (UK) and has published numerous reports and articles on cooperative banking, project management, development finance, structural adjustment and fiscal planning issues. In 2010-2014, he was Member of Parliament, responsible for Finance and Economic Matters on the Opposition bench.

He was elected as a director of the Board of Directors of SBM Holdings Ltd in June 2015 and has since been designated as its Chairman, being an independent non-executive director.

Other Current Appointments

Mr Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). sits on the Board of the State Insurance Company of Mauritius Ltd and Afrexim Bank.

Board Committee Membership

Investment & Credit Committee (Chairman), IT Steering Committee (Chairman), Regional Expansion Steering Committee (Chairman), Remuneration Committee, Risk Management Committee, Steering Committee for East Africa (Chairman), Steering Committee on Seychelles (Chairman) and Strategy Committee (Chairman)

Skills and Experience

Holder of the National Laureateship, Mr Kee Chong Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). is an economist who graduated from the London School of Economics. He is the founder of the Mauritius International Trust Co. Ltd, one of the first professional firms licensed to provide financial services to international private and institutional clients.

During his career, he has served as Lecturer in Public Finance at the University of Mauritius, Project Manager at the Mauritius Cooperative Bank, and Advisor to the Minister of Finance in fiscal and monetary matters. He set up the first Mutual Fund in Mauritius, which was also the first Fund authorised by Government to make investments in global markets. He also launched the first Property Unit Trust of Mauritius.

Furthermore, he was Chairman of the Stock Exchange Commission (the predecessor of the Financial Services Commission), the State Investment Corporation Management Ltd and the National Advisory Council on Prices and Consumer Protection. He also served on several Statutory Boards such as the State Trading Corporation, the National Remuneration Board, the National Economic and Social Council and the University of Mauritius. Mr Kee Chong Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). was also Consultant to the United Nations Economic Commission for Africa (UNECA), the U.N. Industrial Development Organisation (UNIDO) and the Finance and Investment Sector Coordinating Unit (FISCU) of the Southern African Development Community (SADC) Council of Finance Ministers.

Mr Kee Chong Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). was an external lecturer on the MBA Programme of the University of Surrey School of Management (UK) and has published numerous reports and articles on cooperative banking, project management, development finance, structural adjustment and fiscal planning issues. In 2010-2014, he was Member of Parliament, responsible for Finance and Economic Matters on the Opposition bench.

He was elected as a director of the Board of Directors of SBM Holdings Ltd in June 2015 and has since been designated as its Chairman, being an independent non-executive director.

Other Current Appointments

Mr Li Kwong Wing, G.O.S.K, LLM, BSC (Econ). sits on the Board of the State Insurance Company of Mauritius Ltd and Afrexim Bank.

Board Committee Membership

Investment & Credit Committee (Chairman), IT Steering Committee (Chairman), Regional Expansion Steering Committee (Chairman), Remuneration Committee, Risk Management Committee, Steering Committee for East Africa (Chairman), Steering Committee on Seychelles (Chairman) and Strategy Committee (Chairman)

Skills and Experience

Mr Currimjee is the Managing Director of the Food & Beverages Cluster of the Currimjee Group of Companies and the Managing Director of Quality Beverages Ltd. He holds a BA in Mathematics from Williams College, Massachusetts and an MBA from Trinity College, Dublin. Mr Currimjee has had over 25 years of experience in Industry, and has led large textile concerns in the past and has been leading a significant food and beverage business for the last 15 years. He was elected to the Board of SBM Holdings Ltd in June 2016 and is an independent non-executive director.

Other Current Appointments

Mr Currimjee is on the Board of all the principal companies of the Currimjee Group as a non-executive Director. He is currently the President of the Mauritius Chamber of Commerce and Industry, a position he also held in 2007.

Board Committee Membership

Audit Committee, Corporate Governance & Conduct Review Committee IT Steering Committee, Regional Expansion Steering Committee, Risk Management Committee (Chairman), Steering Committee for East Africa, Steering Committee on Seychelles, Strategy Committee

Skills and Experience

Mr Gunputh is the Permanent Secretary to the Minister Mentor’s Office, Ministry of Defence and Rodrigues effective February 2017. Prior to that, he was the Permanent Secretary to the Private Office of the Prime Minister’s Office. He has completed a BSc (General) at the University of Punjab, India and a Diploma in Public Administration & Management at the University of Mauritius. He started his career in the Government Service in 1977 and has worked in several Ministries and within the Prime Minister’s Office. Mr. Gunputh has also acted as Chairman of several Boards such as Sugar Planters Mechanical Pool Corporation, Tobacco Board, Town and Country Planning Board, Farmers’ Service Centre and SSR Botanical Garden. He has also served as a member of the Board of Tourism Authority and of the Mahatma Gandhi Institute. He joined the SBM Holdings Ltd Board in February 2015 and is a non-executive director.

Other Current Appointments

He is currently a director of the Mauritius Post Ltd.

Board Committee Membership

Corporate Governance & Conduct Review Committee, Investment & Credit Committee, IT Steering Committee, Regional Expansion Steering Committee, Remuneration Committee (Chairman), Risk Management Committee, Steering Committee for East Africa, Steering Committee on Seychelles, Strategy Committee

Skills and Experience

Mr Lagaillarde holds a Masters in Business Administration from the University of Leicester UK. He has more than 35 years of banking experience. He has been working at Senior Management level in overseas banks for the last 10 years including Opportunity International – Democratic Republic of Congo and Banque Commerciale du Rwanda. Prior to joining Banque SBM Madagascar SA, Mr Lagaillarde was the CEO of Première Agence de Microfinance – Madagascar. He is currently the General Manager of Banque SBM Madagascar SA and reports to the Board of Directors of Banque SBM Madagascar.

Skills and Experience

Mr. Sonoo, C.S.K. holder of a Master in Business Administration from University of Surrey, UK has experienced a rich career in the banking field over nearly four decades, both at local and international level. He has been the Chief Executive of two listed financial institutions, including SBM and an another local commercial bank in Mauritius respectively. At international level, Mr. Sonoo acted as the Chief Executive Officer of the SBM India Operations and has also overseen the operations of Banque SBM Madagascar.

Mr. Sonoo was previously an executive director of the Board of Directors of SBM Bank (Mauritius) Ltd and board member of several companies within SBM Group and is currently the Chief Executive, Overseas Expansion of SBM Holdings Ltd.

Skills and Experience

Mr. Kris (Lakshmana) Lutchmenarraidoo is currently the Chief Executive of SBM (NBFC) Holdings Ltd. He is a seasoned banking professional with over 40 years’ experience across the banking and financial services sectors. During the 13 years he spent at SBM, he held various positions across the bank namely Branch Manager, Head of Internal Audit, and Assistant General Manager. He then moved on to occupy the highest positions in various prominent entities such as Mauritius Leasing Company Ltd, Mauritius Post Ltd, Mauritius Post and Cooperative Bank Ltd, La Prudence Mauricienne Assurances Ltée and Mauritius Union Assurance Co. Ltd. More recently, he was the Group Managing Director at Phoenix East Africa Assurance Company Ltd., based in Kenya and supervising operations in Kenya, Tanzania, Uganda and Rwanda. Mr Lutchmenarraidoo holds a Banking Diploma from FinAfrica Institute, Milan, Italy.

Skills and Experience

Mr. Hardy is a Fellow Member of the Association of Accounting Technicians, UK. Mr. Hardy has experience in the accounting and finance field, having spent several years in the sugar, beverage, textile and car dealer industries. He has spent some 7 years at the GML head office and reached the position of financial controller. In 2008, he moved into the newly created real estate development arm of the GML, now known as BlueLife Ltd, as the Asset Executive, having within its portfolio at that time, responsibility for companies holding the properties now earmarked for development. He was elected as director of the Board of SBM Holdings Ltd in June 2015 and is an independent non-executive director.

Board Committee Membership

Audit Committee, Corporate Governance & Conduct Review Committee, Remuneration Committee, Steering Committee on Seychelles

Skills and Experience

Mr Ballah is presently the Secretary to Cabinet and Head of the Civil Service - Prime Minister’s Office. He holds a BA Political Science & Economics and BA (Hons) English (India) and Diploma in Public Administration & Management. Mr Ballah was the Permanent Secretary at the Prime Minister’s Office (2004– 2005), the Ministry of Arts & Culture (2005–2008), the Ministry of Youth & Sports (2008–2011), the Ministry of Public Infrastructure, NDU, Land Transport & Shipping (2011–2014) and Secretary to Home Affairs Prime Minister’s Office (2014 – 2016). He was appointed as Non-Executive Director of SBM Bank (Mauritius) Ltd since 30 June 2015.

Skills and Experience

Mr. Ochit is the Senior Partner of Nexia Baker & Arenson, a member of Nexia International. He is a fellow of the Chartered Association of Certified Accountants and holds a Master of Business Administration, with specialisation in Finance, from the University of Mauritius. He was also the Managing Director of Halifax Management Limited, a management company licensed by the Financial Services Commission, and a member of the COMESA Infrastructure Fund Interim Advisory Board. Prior to joining Nexia Baker & Arenson, he worked for Coopers & Lybrand, International Financial Services Ltd and the University of Mauritius. He joined the Board of SBM Holdings Ltd in June 2015, as an independent non-executive director.

Other Current Appointments

Mr Ochit currently sits on the Board of the Tertiary Education Commission.

Board Committee Membership

Audit Committee (Chairman), Investment & Credit Committee, IT Steering Committee, Risk Management Committee, Strategy Committee

Skills and Experience

Mr Dussoye holds a Masters in Business Administration from the Heriot-Watt University - Edinburgh, Scotland and is also an Associate of the Chartered Institute of Bankers (ACIB). He started his career in banking at SBM in 1982, where he has occupied various senior positions across different banking business lines until 2007. From 2003 to 2006, he was the CEO of State Bank of Mauritius Ltd (India) before joining Ciel Group, where he was CEO of Edge Forex Ltd and responsible for the Group’s Initiative. He was then appointed CEO of Bank One Ltd from 2008 to 2013. Prior to joining SBM in 2016, Mr Dussoye has also acted as Consultant for the AXYS Group (Mauritius) for new projects in financial services. He became Chief Executive and ex-officio member of the Board of directors of SBM Bank (Mauritius) Ltd in August 2016, responsible for the Banking Business across the whole Group – Mauritius, Madagascar, Seychelles, Kenya, India and Myanmar.

Skills and Experience

Mr Ramprakash Maunthrooa is the Senior Adviser at the Prime Minister’s Office. He has served as the Managing Director of the Board of Investment and has also been the Director General of the Mauritius Ports Authority and subsequently served as Chairman of the organisation from 2000–2003.

He has also worked as a freelance Consultant as a port specialist and subsequently as an Investment and Management Consultant both in Mauritius and the region.

He was elected as Director of the Board of SBM Holdings Ltd on 30 June 2015 and is an independent non-executive Director.

Other Current Appointments

Mr Maunthrooa also serves on the Board of Air Mauritius and of the Board of Investment (BOI).

Board Committee Membership

Corporate Governance & Conduct Review Committee, Investment & Credit Committee, Regional Expansion Steering Committee, Remuneration Committee, Strategy Committee

Skills and Experience

Mr Muttylall is a Fellow Member of The Association of Chartered Certified Accountants, UK and an Associate Member of The Institute of Chartered Secretaries and Administrators, UK. He also holds a Master’s Degree in Finance from the University of Mauritius. Mr Muttylall is currently the Financial Controller of a Global Business Company and has several years of experience in similar positions in the hotel sector. He worked for SBM Group between 2000 and 2001. He joined the Board of SBM Holdings Ltd on 30 June 2015 and is an independent non- executive director.

Board Committee Membership

Audit Committee, Corporate Governance & Conduct Review Committee (Chairman), Investment & Credit Committee

Skills and Experience

Mr Siby Sebastian has over 20 years of experience across banking and financial services. He is a Chartered Accountant from the Institute of Chartered Accountants of India and has joined SBM Bank (Mauritius) Ltd in November 2016 from ICICI Bank. Mr Sebastian has served in other prominent entities like ICICI Bank, ICICI Housing Finance Company, Kotak Mahindra Prime and Deloitte Haskins & Sells. He brings outstanding experience from his 15 years in ICICI Group, having led teams in retail banking, mortgage finance, cards as well as building out ICICI’s rural and agri-finance offering. He comes with a strong domain knowledge in business development, corporate strategy, business risks, technology, financial management and country governance. His key strengths include project financing transactions, commodity sales, derivative solutions, retail banking, mortgage and consumer finance, cards, rural banking & agro lending, customer service and an in-depth understanding of the Indian and African markets. Branch banking, customer service, retail operations, segmented operations, digitised operations, currency management, productivity enhancement, new outlets, relationship management and managing large teams. He has also a keen understanding of fintech - mobile banking, eWallets, robotic advisory, software robotics, workflows, artificial intelligence, blockchain etc - and macro-economic dynamics, finance, customer service. He is currently the CE SBM India Operations and reports to the CE Banking.

Skills and Experience

Mr Soondrassen Murday has been the Managing Director of the Computer Training Centre at the Institute of Information Technology. He is the holder of a Diploma in Information & Communications Technology and a Diploma in Communication, Data Production, Data Manipulation, Integrity & Output Data. He was conferred the title of an Officer of the Order of the Star and Key of the Indian Ocean.

Skills and Experience

Mr Lutchmeeparsad holds a Master in Business Administration from the University of Mauritius. He also holds post graduate qualifications from universities in Australia and India. Currently Permanent Secretary at the Ministry of Finance and Economic Development, Mr. Lutchmeeparsad has more than 30 years’ experience in the field of public administration, having served, at senior management level in different Ministries. He has worked for 15 years at the Ministry of Public Infrastructure and has been closely involved in the implementation of major road projects at the Road Development Authority. He was elected as director of the Board of SBM Holdings Ltd on 30 June 2015 and is a non-executive director.

Other Current Appointments

Director on the Board of State Investment Corporation Ltd, Landscope (Mauritius) Ltd, NIC Health Care Limited and National Day Celebrations Co Ltd

Board Committee Membership

Corporate Governance & Conduct Review Committee, Regional Expansion Steering Committee, Remuneration Committee, Risk Management Committee, Strategy Committee