Board Of Directors For SBM Bank (Mauritius) Ltd
As one of the leading banks in Mauritius, SBM Bank (Mauritius) Ltd Board of Directors comprises a team of high-calibre profiles who are responsible for the strategic direction of the bank and its long-term success locally.
Mr RANAPARTAB TACOURI, GCSK
Date of Appointment
Appointed since March 2020 (Chairman since June 2024)
Qualifications and Membership
Master’s Degree in Economics
BA (Hons) in Economics
Background and Experience
Mr. Tacouri has a long and eminent career spanning over 50 years in the academic and financial sectors. He has previously been Managing Director of the Bank of Mauritius, Managing Director of the Development Bank of Mauritius and CEO of First City Bank. He has held directorship positions on several Boards, including Bourse Africa and the Bank of Mauritius.
Mr JEAN PAUL EMMANUEL AROUFF
Date of Appointment
Appointed since July 2020
Qualifications
Master's in Journalism
Background and Experience
Mr. Arouff has over 20 years of experience in journalism, specialising in the analysis of economic and financial markets. He was previously Editor-in-Chief of Business Magazine, a leading economic news publication in the region, and acted as the country correspondent for the international news agency Reuters on economic and financial matters.
Directorship on Other Entities
SBM Holdings Ltd
SBM (Bank) Holdings Ltd
SBM (NFC) Holdings Ltd
The Economic Development Board
Landscope (Mauritius) Ltd
Mr RAOUL GUFFLET
Date of Appointment
Appointed since July 2021
Qualifications
Advanced Management Programme – INSEAD, France
Certified Internal Auditor (CIA) - Institute of Internal Auditors, USA
Postgraduate Diploma International Finance - Université de Paris XIII, France
Master’s Degree in Economics (specialisation in Finance) - University of Paris (La Sorbonne), France
BSc Economics - University of Paris (La Sorbonne), France
Member of the Mauritius Institute of Directors
Member of Les Conseillers du Commerce Extérieur de la France (CCEF)
Background and Experience
Mr. Gufflet is a seasoned professional, who has spent nearly three decades in the banking and financial sector across multiple jurisdictions. He started his career as a strategy consultant, having been involved for over twelve years in restructuring and corporate advisory assignments with PwC in France, Eastern Europe and Africa. He has been exposed to several studies with the World Bank and European Bank for Reconstruction and Development (EBRD) on financial institutions in both developed and transitional economies.
Prior to joining SBM Group, he was the Deputy Chief Executive Officer of a renowned bank in Mauritius, as well as Director of several entities across Africa and the Indian Ocean. He has led the international development of the Bank’s franchise on the African continent, as well as the transformation of most of its business lines, bringing them to international digital, regulatory and compliance best standards.
As a firm believer in sustainability, he is committed to developing a sustainable banking and capital market philosophy, which is a prerequisite for unlocking value in Mauritius and across the African continent.
Directorship on Other Entities
SBM Holdings Ltd
SBM (Bank) Holdings Ltd
SBM Bank (India) Limited
Banque SBM Madagascar SA
SBM Bank (Kenya) Limited
Mrs IMALAMBAAL KICHENIN
Date of Appointment
Appointed since March 2020
Qualifications
Bachelor of Laws (LLB)
Member of the Institute of Chartered Secretaries and Administrators
Member of the Mauritius Institute of Directors
Member of the Association of Trust and Management Companies
Member of the Internal Fiscal Association
Background and Experience
Mrs. Kichenin is a top-level executive with over 19 years of experience in the Financial Services sector, spearheading new ventures, product development, legal structuring and the creation of global distribution networks. She is the founder and current Group Chief Executive Officer of JurisTax Holdings Ltd. Mrs. Kichenin also acts as director on listed companies and Private Equity Funds. She is, moreover, the promoter of the African Institute of Training and Development.
Directorship on Other Entities
JurisTax Holdings Ltd
JurisTax Ltd
JurisTax Services Ltd
AARROW Corporate Services Ltd (Seychelles)
Aarrow Fund Services Ltd (Seychelles)
JurisTax Mena and other local and regional entities falling under JurisTax
Mr PREMCHAND MUNGAR
Date of Appointment
November 2023
Qualifications
MSc Finance and Financial Law, University of London
LLB in English Law and French Law, University of Mauritius
LEAD Program, Stanford University Graduate Business School
10th Autumn Course on International Finance, Waseda University (Japan), organised in collaboration with the Japan Bank for International Cooperation.
Background and Experience
Mr. Premchand Mungar currently holds the office of Chief Executive of SBM Bank (Mauritius) Ltd. A seasoned banker with nearly two decades of senior executive experience in institutional transformations in Mauritius and continental Africa, Mr. Mungar started his career in banking within the SBM Group, where he has held several senior positions. He previously served as Chief Executive and Executive Director of MauBank Ltd from 2018 to 2023.
His past experiences also include positions of General Counsel and Senior Director, among other leading roles, at The Eastern & Southern African Trade & Development Bank (TDB). He also serves as an Independent Non-Executive Director on the Board of the Financial Services Commission (FSC) since 2017 and is the Chairman of the Audit & Risk Committee of the FSC since 2018.
He is currently the Chairperson of the Mauritius Bankers’ Association.
Directorships in other entities
Financial Services Commission
Mauritius Bankers’ Association
M. RAJCOOMAR RAMPERTAB, CSK
Date of Appointment
Appointed since March 2020
Qualifications
Postgraduate Diploma in Legal Practice (LPC Solicitors Final)
Bachelor of Laws (LLB)
BA (Hons) Social Science
Diploma of Higher Education
Member of the Mauritius Institute of Directors
Background and Experience
Mr. Rampertab practised as an immigration lawyer in the UK for several years and has worked as a civil servant as well as local government officer before being elected as a Conservative Party local councillor for the Borough of Reigate and Banstead, Surrey, UK from 2007 to 2011 where he was a member of the Overview and Scrutiny Committee. He also represented the Council on the Reigate and Banstead Sports Council. From 2011 to 2014, Mr. Rampertab held the position of Money Laundering Reporting Officer (MLRO) in a Management Company in Mauritius. He was an elected Member of the National Assembly of Mauritius from December 2014 to October 2019, serving as Parliamentary Private Secretary (PPS). In addition, he was a Member of the Parliamentary Committee of the ICAC from June 2015 to October 2019.
Mr MUHAMMAD AZEEM SALEHMOHAMED
Date of Appointment
Appointed since July 2020
Qualifications
BA (Hons) Economics, Politics and International Studies
MA (Hons) in Public Policy and Management
Background and Experience
Mr. Salehmohamed started his career as Economist at the Mauritius Chamber of Commerce and Industry (MCCI), upon his return from the UK. He has served as board member for several organisations, including the SADC Business Council, the SADC Private Sector Task Force on Industrialisation, the National Ocean Council, the Mauritius Standards Bureau, the Economic Commission, under the aegis of the National Economic and Social Council, and the High-Level Technical Committee on Doing Business Reforms. His fields of expertise include economic planning, policy analysis and strategy development.
Directorship on Other Entities
Development Bank of Mauritius (DBM)
Ms OUMILA SIBARTIE
Date of Appointment
Appointed since August 2020
Qualifications
Master’s Degree in Economics (USA)
ACI Dealing Certificate (France)
International Certificate in Wealth and Investment Management (UK)
Associate Member of Chartered Institute of Securities & Investment (UK)
Fellow Member of the Mauritius Institute of Directors
Background and Experience
Ms. Sibartie is a multi-faceted financial professional with over 24 years of experience in global financial markets including the USA, the UK and Mauritius. She is the co-founder and Director of Lineage Investment Services Ltd, a licensed and regulated corporate finance advisory firm. She has gained substantial experience, having worked with major international firms such as Bloomberg LP for 11 years in the USA and the UK, and has held senior management positions in top financial institutions in Mauritius. During her career, she has been heavily involved in several areas of the financial markets, including multi-asset funds and portfolio management, research, investment advisory, implementation of trading systems and development of structured investment product solutions and professional training.
Directorship on Other Entities
Warwyck Phoenix PCC
Island Life Assurance Co. Ltd
Trimetys Ltd
Saint Capital Fund
HV Holdings Ltd
MR. LAWRENCE ERIC WONG TAK WAN
Date of Appointment
October 2023
Qualifications
SEPA 2018 programme for African Leaders, Harvard Business School
MBA with specialisation in Marketing, University of Mauritius
Bachelor of Commerce with Accounting, Banking & Finance, La Trobe University, Australia
Background and Experience
Mr. Lawrence Wong, founder and CEO of Aryze Company Ltd, has led the company’s two-decade evolution from La Trobe Co. Ltd to a major player in Mauritius' FMCG sector.
Since 2001, Mr. Wong’s visionary leadership has driven Aryze's transformation, with ambitions to become a regional industry leader. A firm believer in local manufacturing, he invested in a cutting-edge facility in 2010 and remains a dedicated Board Member of the "Made in Moris" association.
Beyond business, Mr. Wong’s impact extends to sports, where he served as the President of the Mauritian Cycling Federation from 2015 to 2020, showcasing his commitment to both industry and community development.
His entrepreneurial acumen is evident in every facet of his journey, marking him as a dynamic leader shaping the business landscape in the region.
Directorship on Other Entities
Made in Moris (President)
Association of Mauritian Manufacturers