Barclays Mauritius

Barclays Bank Mauritius is part of Absa Group Limited, an African financial services group that aims to be the pride of the continent. Absa Group Limited is listed on the Johannesburg Stock Exchange in South Africa and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 42,000 employees.

We’re committed to finding local solutions to uniquely local challenges and everything we do is focused on adding value. To this end we offer our clients a range of retail, business, corporate and investment, and wealth management solutions as well as ensure a positive impact in all the countries where we operate.

We’re a truly African brand, inspired by the people we serve and determined to always be brave, passionate and ready so that we can make our continent proud.

  • What is our purpose?

    To bring your possibility to life

    We believe in possibility, in the actions of people who always find a way to get things done. We believe in creating opportunities for our customers to make their possibilities real and supporting them every step of the way. Our group is a future-focused organisation, driven by progress and our desire to thrive in the digital age.

  • How we get things done

    How we get things done

    We are committed to being: Brave, Passionate and Ready.

  • Empowering communities

    We aim to play a shaping role in society and be an active force for good by:

    Earning trust: By acting with fairness and providing just outcomes for all stakeholders and becoming known for reliability by delivering consistently on our promises.

    Shaping societies: By contributing significantly to the communities in which we operate, thereby enhancing the continent’s economic growth and development.

    Promoting intergenerational sustainability: By being accountable for our impact on the environment and building viable communities by evolving as their needs change.

    Driving thought leadership: By providing insights that help the industry to develop new and innovative ways to solve society’s challenges.

  • Our Board

    Phillip DAWE
    Iqbal Rajahbalee

    Chairman of the Board since 1 July 2018

    Iqbal Rajahbalee is the Managing Partner of BLC Robert, a leading law firm in Mauritius. He has over 30 years of practice as barrister before the Mauritius courts, and has appeared as counsel in a number of high profile commercial litigation cases. 

    He also advised on diverse cross-border finance transactions, including asset financing and investment funds both for the public and private sector. He served for more than ten years at the Attorney General‘s Office, Ministry of Justice rising to the position of Assistant Solicitor General. He is regarded as the founder of the Mauritius offshore industry, and was made the first Executive Director of its regulatory body. 

    He assisted in the setting up of the Financial Services Commission of Mauritius, the regulatory authority of the non-bank financial services industry, and subsequently was made to lead the institution as Chief Executive. Iqbal was also director on the governing board of the central bank. He was chairman of the Mauritius Telecom just after its privatisation. He has been a director on both local and international private and public companies. In addition, Iqbal holds a Masters Law degree from the London School of Economics, and is a member of the Middle Temple Inns of Court.

    Ravin Dajee

    Managing Director and Executive Director of the Board

    As Country Managing Director of Barclays Mauritius since July 2007, Ravin has positioned the bank as one of the major players in the Mauritian banking sector. Prior to joining Barclays Mauritius, Ravin held several leadership positions, including the role of General Manager of the State Trading Corporation from 2002 to 2004 and General Manager of the Central Electricity Board from 2004 to 2006. He is currently Chairman of the Mauritius Bankers Association. Ravin graduated from the University of Oxford with a post graduate diploma in Strategy and Innovation. He is an Associate of the Chartered Institute of Bankers and holds a Masters Degree in Finance from the University of Leicester.

    Ravin DAJEE
    Ravin DAJEE
    Franco Davis

    Finance Director and Executive Director of the Board

    Franco joined the bank in 1990. After working in several departments, namely retail, administration and finance, he was appointed as Finance Director in October 2009, overseeing the finance departments of both Mauritius and Seychelles. Since November 2015, Franco has also been overseeing the finances of Barclays Bank Mozambique. Franco graduated with a BSc (Hons) in Financial Services from the University of Manchester in October 2003 and is an Associate of the Chartered Institute of Bankers since January 2004.

    Feriel Aumeerally

    Non-executive director of the Board and member of the Audit Committee from 1 September 2016.

    Feriel was the former Group Head of Strategy at Harel Mallac & Co Ltd and has prior banking experience both locally and overseas. Feriel is a Fellow of the Institute of Chartered Accountants of England and Wales (ICAEW, UK) and holds a BSc (Hons) in Economics and Political Science from the London School of Economics, a Masters in International Business from the University of Melbourne and a Post Graduate Diploma in Applied Finance from Macquarie University, Sydney.

    Feriel AUMEERALLY
    Feriel AUMEERALLY
    Patrice D'Hotman de Villers

    Non-executive director of the Board since 1 June 2013.

    Patrice is the former Chief Executive (from 1996 to 2010) of IBL group, one of the largest and oldest conglomerates in Mauritius operating in the Financial Services, Seafood and Marine, Aviation, Logistics, Engineering, Commerce and Retail Distribution sectors. Patrice was also a Director for more than 90 companies within the IBL group. IBL is listed on the Stock Exchange of Mauritius.

    Kiran Juwaheer

    Non-executive director of the Board since 1 June 2013

    Kiran is the Managing Director of Vivo Energy Mauritius Limited. He holds a BSc (Hons) in Mechanical Engineering from the University of Manchester Institute of Science and Technology (UMIST). For the past 29 years Kiran has held various key positions at Shell in Mauritius, Tunisia and Kenya. Kiran was appointed Managing Director for Vivo Energy Mauritius Limited in 2011 and is also a director on various Vivo Energy Boards in and outside of Mauritius. He is also the Chairman of Mauritius Cargo Community Systems, a member of the National Corporate Governance Committee, and a former president of the Mauritius Chamber of Commerce and Industry.

    Kiran JUWAHEER
    KeaObaka Mahuma

    Non-executive director of the Board since 1 July 2015.

    KeaObaka is a member of the Corporate and Investment Banking (CIB) Africa Executive Committee at Absa Bank and is responsible for driving the strategic delivery of Enterprise and Supply Chain Development across countries in which Absa Group has a presence. Prior to joining CIB Africa in March 2011, he held a number of positions including being the founder of the Grandstone Group, Chief Financial Officer at Cornastone Technology Holdings, and a Corporate Finance Associate at both JP Morgan and Brait Merchant Bank. He also holds a Masters’ Degree in Tax, a BCom (Hons) and a Post-Graduate Diploma in Accounting from the University of Cape Town.

    Wilfrid KOON KAM KING
    Cyril WONG SUN THIONG
    Cyril Wong Sun Thiong

    Non-executive director and Chairman of the Audit Committee since 1 August 2014.

    Cyril graduated with first class honours in Physics from the University of Manchester and qualified as a Chartered Accountant with KPMG in London. Cyril was an Executive Director and Vice Chairman of the board of the bank until 31 July 2014. Prior to that, he held a number of senior management positions in Barclays Mauritius including, Finance Director and Chief Compliance and Risk Officer. Before joining Barclays, Cyril held senior positions as Head of Finance in multinational companies such as ExxonMobil and British American Tobacco.

    Nafeez Mohit

    Company Secretary to the Board

    Nafeez is a Barrister-at-Law qualified in Mauritius. Nafeez, who joined the bank in June 2011, was appointed as Company Secretary for the bank in April 2014. Nafeez holds an LLB (Hons) from the University of Mauritius and an LLM with specialisation in Commercial and Corporate Law from the University of London, in collaboration with University College London and Queen Mary.

    Wilfrid KOON KAM KING
  • Our Executive Committee

    Ravin DAJEE
    Ravin Dajee

    Managing Director and Executive Director of the Board

    As Country Managing Director of Barclays Mauritius since July 2007, Ravin has positioned the bank as one of the major players in the Mauritian banking sector. Prior to joining Barclays Mauritius, Ravin held several leadership positions, including the role of General Manager of the State Trading Corporation from 2002 to 2004 and General Manager of the Central Electricity Board from 2004 to 2006. He is currently Chairman of the Mauritius Bankers Association. Ravin graduated from the University of Oxford with a post graduate diploma in Strategy and Innovation. He is an Associate of the Chartered Institute of Bankers and holds a Masters Degree in Finance from the University of Leicester.

    Franco Davis

    Finance Director and Executive Director of the Board

    Franco joined the bank in 1990. After working in several departments, namely retail, administration and finance, he was appointed as Finance Director in October 2009, overseeing the finance departments of both Mauritius and Seychelles. Since November 2015, Franco has also been overseeing the finances of Barclays Bank Mozambique. Franco graduated with a BSc (Hons) in Financial Services from the University of Manchester in October 2003 and is an Associate of the Chartered Institute of Bankers since January 2004.

    Franco DAVIS
    Ajay BEEGUN
    Ajay Beegun

    Chief Operating Officer

    Ajay began his time at Barclays Bank Mauritius in November 2008 as Head of Information Technology and was appointed Chief Operating Officer, Indian Ocean in January 2015. He heads the operations in both Mauritius and Seychelles. Ajay has been in the banking sector since 1987 and held different key roles leading technology transformational projects. Prior to joining Barclays Mauritius, Ajay was a Banking Technology Consultant at DCDM. He graduated with a BSc (Hons) in Business Information Technology from South Bank University, United Kingdom and holds a Masters in Business Administration with specialisation in Information Management from Brunel University, United Kingdom.

    Sajid Bodhy

    Head of Business Banking

    Sajid joined the bank in June 2016, as Head of Business Banking. He has been working in the banking industry, locally and internationally, for the last 25 years. Prior to joining the bank, Sajid held the position of Country Manager at Habib Bank Ltd, Mauritius. Sajid was also Chairman of the National Resilience Fund - Equity Investment Limited, a private equity fund and joint Government - Private sector initiative, from March 2015 to May 2016. He holds a Diploma in Business Administration from the Association of Business Executives and a BSc in Business Studies from the University of Mauritius.

    Sajid BODHY
    Sukor DA SILVA
    Sukor da Silva

    Chief Risk Officer

    Sukor is an experienced credit professional with more than 30 years’ experience. He has been holding different senior positions in Barclays PLC. He has a proven Corporate track record in the United Kingdom and also dealing with international Wholesale Credit portfolios. He has successfully grown through the ranks at Barclays to become a Director. Sukor is an Associate of the Chartered Institute of Bankers since 1994.

    Pamela Dusoruth

    Head of Compliance

    Pamela joined the bank in January 2008 as Money Laundering Reporting Officer and was appointed Head of Compliance in July 2013. Pamela has been in the banking industry for the past 10 years, where she held various key positions within the compliance area and had extensive exposure to control and risk management. In addition to her ACCA qualifications, Pamela also holds a BA Honours in Accounting and Finance, an MSc in Financial Management from the UK Middlesex Business School and an MSc in Internal Auditing and Management.

    Pamela DUSORUTH
    Jennifer JOHNSON
    Jennifer Johnson

    Head of Strategy, Marketing and Corporate Relations

    Jennifer joined Barclays Mauritius as Head of Change in 2007. After holding the role of Head of Customer Service and 3 years of secondment to the Barclays Africa Regional Management, Chief Executive Office, she was appointed Head of Strategy, Marketing and Corporate Relations. Before joining Barclays, she held several senior roles in a large conglomerate, specifically in managing group change projects and developing and implementing the strategic IT plans of companies in different industries. She holds a BSc (Hons) in Applied Science, an MSc in Engineering from the University of Technology, Compiègne, France and an MBA from Massey University in New Zealand.

    Vishal Joyram

    Head of Global Markets

    Vishal was appointed as Head of Global Markets in January 2015. He holds a Maîtrise d’Economie Appliquée from the University of Paris-IX Dauphine in France and has also successfully completed the Chartered Alternative Investment Analyst (CAIA) Certification, the Investment Management Certificate (IMC) from the UK Society of Investment Professionals and the ACI Dealing Certificate. Prior to joining the bank in November 2013, Vishal worked in France, the UK and Mauritius in Corporate Finance, Investment Management and Advisory, Stockbroking and Wealth Management with firms such as PricewaterhouseCoopers and the State Bank of Mauritius.

    Vishal JOYRAM
    Marie-Christine LIU
    Marie-Christine Liu

    Consumer Banking Director

    Marie-Christine has held various key positions in the banking sector for the past 26 years. Marie-Christine joined Barclays Mauritius in November 2014 as Head of Customer Network, and was appointed as Retail Banking Director on 26 December 2016. Marie-Christine holds a Postgraduate Diploma in Marketing from the UK Chartered Institute of Marketing.

    Oumesh Mungroo

    Treasurer

    Oumesh currently holds the role of Treasurer for Barclays Mauritius since 2007 and since 2015, has been given additional Treasury responsibilities to include Barclays Mozambique and Seychelles. Oumesh held various leadership positions in Markets and Treasury in Barclays Mauritius since 2002 and prior to joining, he has also worked at the central Bank of Mauritius for nearly 10 years. Oumesh graduated from the University of Oxford with an Executive MBA in 2014, holds an MSc in Applied Economics with specialisation in Banking and Finance from the University of Mauritius. He is a fellow member of The Chartered Association of Certified Accountant UK and also holds an ACI Diploma.

    Oumesh MUNGROO
    Cyril WONG SUN THIONG
    Marcu Landman

    Head of Legal & Company Secretariat, Indian Ocean

    Marcu is a seasoned lawyer with more than 15 years of international finance law experience. He has held several senior management roles in Barclays Africa and previously practised as a solicitor at Linklators LLP London and Arthur Cox in Dublin. Prior to joining Barclays Mauritius, Marcu held the position of Head of Investment Banking Legal at Barclays Africa Group Limited. Marcu is a qualified Solicitor in England and Wales and Attorney in South Africa. He holds a B.Iuris and an LLB degree from the University of South Africa as well as a Master of Laws with specialisation in Banking and Finance Law from Queen Mary, University of London.

    Sunil Ramgobin

    Corporate Domestic and International Banking Director

    Sunil is a seasoned banking professional with more than 20 years of experience in leadership positions at various local, regional and international banking organisations. Before joining Barclays Mauritius, he held the role of Assistant General Manager for a large banking group in Saudi Arabia, Corporate, International and Investment Banking Director in a domestic bank and Directeur Général Adjoint for a French banking group. Sunil holds a Masters in Business Law from Ecole Supérieure des Affaires of Lille II University in France.

    Sunil RAMGOBIN
    Cyril WONG SUN THIONG
    Cyril Wong Sun Thiong

    Non-executive director and Chairman of the Audit Committee since 1 August 2014.

    Cyril graduated with first class honours in Physics from the University of Manchester and qualified as a Chartered Accountant with KPMG in London. Cyril was an Executive Director and Vice Chairman of the board of the bank until 31 July 2014. Prior to that, he held a number of senior management positions in Barclays Mauritius including, Finance Director and Chief Compliance and Risk Officer. Before joining Barclays, Cyril held senior positions as Head of Finance in multinational companies such as ExxonMobil and British American Tobacco.

    Yogen Soobarah

    Head of Human Resources

    Yogen began his journey with Barclays Bank Mauritius in July 2018 as the new Head of Human Resources. With over 25 years of knowledge in the field and a myriad of experience in several sectors, Yogen joins the team with new benchmarks to engage and empower colleagues and nurture the talent pool. From retail trade to the tobacco industry and on to the telecommunications field, in Mauritius and in Africa, Yogen’s career path is overflowing with unique experiences. Yogen holds a Diploma in Personnel Management from the University of Mauritius, an Exec Education in HR Strategic Management from the Michigan Ross Business School in USA and an M.SC. in Human Resources Management from the University of Surrey in UK.

    Sunil RAMGOBIN
  • Our Accolades

    Best Bank in Mauritius by Global Finance in 2015
    Bank of the Year awarded by The Banker in 2011
    Best Foreign Bank in Mauritius from 2008-2014 by EMEA Finance
     
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