As one of the leading banks in Mauritius, SBM Bank comprises a team of high-calibre profiles who are responsible for the strategic direction of the bank and its long-term success locally, regionally and internationally.
Nayen Koomar Ballah, G.O.S.K.
Non-Executive Director, Chairman of the Board and Chairman of the Remuneration & Nomination Committee and Strategy Committee
Mr Ballah has made it his life’s work to serve the people of the Republic of Mauritius. As such he is currently serving as Secretary to Cabinet and Head of the Civil Service - Prime Minister’s Office, a position he has held since September 2016. As Chairman of the Board, Mr Ballah brings with him almost forty years of working experience, most of which has been as a public servant. He has held many leadership positions spanning several ministries in government and is known for his level headed thinking, trust worthiness and hard work ethic.
He was recently awarded the title of Grand Officer of the Star and Key of the Indian Ocean by the President of Mauritius.
Parvataneni Venkateswara (PV) Rao
Now counting more than 33 years of banking experience, Mr P. V. Rao joined the SBM 6 years ago. Formerly, he worked for Syndicate Bank and IndusInd Bank in India. Mr P.V. Rao has almost 20 years of experience in Treasury and also served in rural Agriculture and Retail Banking.
Azim Fakhruddin Currimjee
Mr. Azim 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 over 25 years of experience in Industry. He has led large textile organisations in the past and has been leading a significant food and beverage business for the last 16 years. Mr. Currimjee was elected to the Board of SBM Holdings in June 2016 and is an Independent Non-Executive Director.
Mr Currimjee is also on the Board of all the principal companies of the Currimjee Group of Companies as a Non-Executive Director. He was the President of the Mauritius Chamber of Commerce and Industry from March 2016 to March 2018, a responsibility he also held in 2007. In addition, Mr Currimjee is the First Vice President of the COMESA Business Council and the Vice President of the Economic Development Board of Mauritius. Mr. Currimjee is a Director of SBM Bank (Kenya) Limited and also a Non-Executive Director on the Board of SBM Bank (Mauritius) Ltd.
Ishwar Anoopum Gaya
Independent Director and Chairman of Audit Committee
Mr Gaya has degrees in Economics and Optometry and is an independent director of the Board. Known for his structured, logical approach, Mr Gaya uses his skills and knowledge to weigh up matters concerning the bank very carefully. Highly ethical and serious, Mr Gaya has enjoyed a successful career in the private sector which gives him a unique perspective of small to medium business owners in Mauritius. He has served as a director on a number of boards over the years that span a variety of industries. He is a valuable member of the board.
Michel Arnaud Moothoosamy
Independent Director and Chairman of Finance Committee
Mr Moothoosamy is an independent director with a strong background in the finance sector. He is a Fellow of the International Institute for Book Keepers and has over twentyfive years of experience. Having held various positions in the Small and Medium Industry Development, Mr Moothoosamy has a strong focus on both sustainability and capturing the future markets that would be the customers of tomorrow.
Mr Moothoosamy has served as the President of the SME Federation and has represented Mauritius in many different global forums for small to medium sized business and in youth development. He is highly optimistic about the future of the Bank and Mauritius.
Independent Director and Chairman of the Corporate Governance and Conduct Review Committee
Mr. Ah-Chuen holds a Master’s degree in Industrial Administration from Aston University, UK. He is the executive director of Allied Motors Co. Ltd and a non-executive director of Chue Wing and Company Ltd. Mr Ah-Chuen has spent most of his professional career supporting and guiding education and upliftment initiatives in Mauritius and Rodrigues and is known for his uncompromising ethics and his humility. His experience in business has proved invaluable to the board as has his knowledge of corporate governance and ethics. He was appointed as Commissioner of the Public Service Commission in 2015
Independent Director and Chairman of the Board Credit Committee
Mr Chellapermal has a career that spans both the public and the private sectors where he has occupied top executive posts. In the private sector, he has served as the Trade Promotion Adviser at the Mauritius Chamber of Commerce and Industry and senior Marketing Manager at the Mauritius Freeport Development. In the public sector, he has served as Deputy Director General and Director General of the Mauritius Freeport Authority, a free trade zone and logistics platform, where he was instrumental in its creation. He was also Director at the Board of Investment, with responsibility for the Freeport and logistics sector.
Mr Chellapermal is a regular consultant of the International Finance Corporation (IFC) of the World Bank Group. His assignments embrace a whole range of investment climate projects in Africa namely the setting up of Investment Promotion Agencies as well as capacity building related to trade and investment promotions.
Mr Chellapermal is committed to the sustained growth and development of the bank whilst upholding the highest ethical standards.
Independent Director and Chairman of Procurement Committee
Mr Hurdoyal is a practising Barrister at Law. He has been admitted to the Bar both here and in the UK and is a very energetic independent director. He uses his skills and knowledge in the legal field to advise the board on legal matters where they arise.
Highly focussed and very discerning Mr Hurdoyal has proved himself to be a valuable member of the board. He has good knowledge of civil, criminal, public, bankruptcy, and administrative law, as well as a solid understanding of contracts, government regulations and corporate law
ABDOOL KARRIM NAMDARKHAN
Independent Director and Chairman of Risk Management Committee
Mr. Abdool Karrim Namdarkhan is a barrister by profession. He was called to the Bar of England and Wales in July 2012 at the Honourable Society of Gray’s Inn and he was admitted to the Bar of Mauritius in September 2013. He is also a tenant at Basset Chambers and a Member of the Independent Review Panel. Mr Namdarkhan holds an LLB (Hons) in Laws from King’s College London and has successfully completed the Bar Professional Training course at the University of Law, London. He is an Independent Director on the Board of SBM Bank (Mauritius) Ltd.
Mr. Visvanaden Soondram is the Director of Economic and Finance at the Ministry of Finance and Economic Development. He has previously served as Accountant, Senior Financial & Management Analyst and Principal Financial & Management Analyst within the same Ministry. Mr. Visvanaden Soondram is a Chartered Certified Accountant (FCCA) and holds a Master of Science in Finance. He is non-Executive Director on the Board of SBM Bank (Mauritius) Ltd.
Mr. Balachandran CP has a career that spans close to four decades in the Banking sector both in Mauritius and India. He holds a first class degree in Accountancy, Economics and Commerce and is a CDCS Advocate, from the London Institute of Banking & Finance (LIBF). He is also a certified associate of the Indian Institute of Banking & Finance (IIBF) and certified in AML from the International Compliance Association (ICA) UK. Mr. Balachandran CP is currently Director of Camp ML Ltd.