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 Mohit Dhoorundhur
Mr. Mohit Dhoorundhur is the Chairman and an Independent Director of the Board of SBM Bank (Mauritius) Ltd since mid-March 2020. His career spans over 45 years in serving Mauritius and Africa in leadership positions.
Mr. Dhoorundhur has been an Executive Director of the African Development Bank Group, Director and Chairman of the Eastern and Southern African Trade and Development Bank (PTA Bank, now Trade and Development Bank), Alternate Director of the Fonds de Solidarité Africain, and Member of the Technical Committee to operationalise the COMESA Fund.
He has served at Permanent Secretary level at the Ministry of Finance and Economic Development and lately, as Director of the Procurement Policy Office. He has been a Councillor at the University of Mauritius and held directorship positions in organisations that include: Chairman of the Board of the Mauritius Civil Services Mutual Aid Association; Director of the Mauritius Housing Company Ltd; the Development Bank of Mauritius Ltd; Development Bank of Mauritius Financial Services; First City Bank; the Mauritius Sugar Bulk Terminal; the National Housing Development Company Ltd; the Cargo Handling Corporation Ltd, the National Transport Corporation; the Central Water Authority, and the Central Electricity Board.
He holds a BA (Hons) in Economics from the Delhi University, India and a Diploma in Public Administration and Management from the University of Mauritius. His professional qualifications include a Certificate in Financial Administration in Government from the Centre for Pacific Development & Training, Sydney, Australia and a Certificate in General Management for Senior Executives, Administrative Staff College of India, Hyderabad, India and participated in a management change course for senior executives at the Civil Service College of Singapore.
Mr Philip Ah-Chuen, FMIoD, FMIM
Mr Philip Ah-Chuen is a Fellow of the Mauritius Institute of Directors (FMIoD) and Fellow of the Mauritius Institute of Management (FMIM). Besides his position as Director of the Bank, Mr Ah-Chuen is also the Executive Director of Allied Motors Co. Ltd and Non-Executive Director of Chue Wing and Company Ltd. He has devoted a large part of his career to supporting and guiding education and upliftment initiatives in Mauritius and Rodrigues. Known for his strong sense of ethics and humility, he has served as Commissioner of the Public Service Commission (PSC) from November 2015 till February 2020 and was appointed Chairman of the Utility Regulatory Authority in May 2018. Mr Ah-Chuen holds a Master’s degree in Industrial Administration from Aston University, UK.
Mr Ah-Chuen is an independent Director since June 2015 and the Chairman of the Corporate Governance and Conduct Review Committee of SBM Bank (Mauritius) Ltd since July 2015.
Mr Rishikesh Hurdoyal
Holder of a B.A. (Honours) Law & Management from the University of Mauritius, an LLM in International Law with International Relations from the University of Kent, UK, and a Postgraduate Diploma in Law from the London Metropolitan University, UK, Mr Hurdoyal is a practising Barrister at Law admitted to the Bar both in Mauritius and the UK. He has also been appointed as Legal Adviser for various parastatal bodies and management companies.
Mr Hurdoyal is an Independent Director since June 2015 and Chairman of the IT & Procurement Committee of SBM Bank (Mauritius) Ltd since November 2017.
Mr Eric Michel Georges Leal
Mr Eric Michel Georges Leal is a top-level executive with over 25 years of experience at Leal & Co. Ltd – a pioneer in the local automotive sector operating since 1970 and part of the Leal Group of Companies, one of the leading conglomerates in Mauritius. He is the Chief Executive Officer of Leal & Co. Ltd, the holding Company of the Group. He had previously occupied the positions of Service Director and Deputy Managing Director at Leal & Co. Ltd. Mr. Leal holds a Bachelor in Arts & Science – Business Administration from the Boston College, USA.
Mr Leal is an Independent Director on the Board of Directors of SBM Bank (Mauritius) Ltd since March 2020.
Mr Ranapartab Tacouri
Mr Ranapartab Tacouri has a long and eminent career spanning over 50 years in both the academic and financial sectors. He has previously been the 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. He holds a BA (Hons) in Economics and a Master's degree in Economics from Poona University, India.
Mr Tacouri is an Independent Director and the Chairman of the Finance Committee of SBM Bank (Mauritius) Ltd since March 2020.
Mr Parvataneni Venkateswara Rao (“PV Rao”)
Mr Parvataneni Venkateswara Rao is an experienced banking professional with 36 years of working experience in the industry. Graduated from the Andhra Pradesh Agricultural University (India) and holder of an MBA from the Indira Gandhi National Open University, Mr PV Rao is also a Diploma Holder in Bank Management, International Banking, Treasury Investment & Risk Management and Financial Services. He started his Banking career in Syndicate Bank in India and also worked with IndusInd Bank in India before joining SBM (Indian Operations) in December 2010. Mr PV Rao then joined SBM Bank Mauritius Ltd in April 2013 as Head of Financial Markets and was subsequently appointed as Chief Executive of the Bank on 17th April 2019.
During his career, Mr PV Rao has had exposure to different banking segments viz Agriculture, Retail Banking Foreign Exchange, Treasury, Capital Markets and Balance Sheet Management.
Mr PV Rao is an Executive Director on the Board of SBM Bank (Mauritius) Ltd since October 2018.
Mr Abdool Karrim Namdarkhan
A barrister by profession, Mr Abdool Karrim Namdarkhan is part of Basset Chambers and has been a Member of the Independent Review Panel since August 2018. Mr Namdarkhan holds an LLB with Honours from King’s College, London, and has completed the Bar Professional Training course at the University of Law, London.
He was called to the Bar of England and Wales in July 2012 at the Honourable Society of Gray’s Inn and was admitted to the Bar of Mauritius in September 2013.
Mr Namdarkhan is an Independent Director since October 2018 and the Chairman of the Risk Management Committee of SBM Bank (Mauritius) Ltd since March 2019.
Mr Rajcoomar Rampertab, CSK
Mr Rajcoomar Rampertab, is a holder of a BA. (Hons) in Social Science and a Diploma of Higher Education from Middlesex University, London, United Kingdom. He lectured in Law and Sociology in the UK for a number of years.
He holds an LLB (Hons) from the University of East London (UK). He then completed his Legal Practice Course (LPC Solicitors Final) from the College of Law, UK. He practiced as an immigration lawyer in the UK for several years. He also worked as a civil servant and a 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 and also represented the Council on the Reigate and Banstead Sports Council.
From 2011 to 2014, he held the position of Money Laundering Reporting Officer (MLRO) in a Management Company in Mauritius.
Mr Rampertab is an Independent Director on the Board of Directors of SBM Bank (Mauritius) Ltd since March 2020.
Mrs Imalambaal Kichenin
Mrs Imalambaal Kichenin is a top-level executive with over 19 years’ 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. Her past experience includes directorship positions in Lex Communications Ltd and Turquoise Promotion Ltd. She holds an LLB (Hons) from the University of London, UK, and is a Member of several professional bodies including the Institute of Chartered Secretaries and Administrators, the Mauritius Institute of Directors, the Association of Trust and Management Companies and the International Fiscal Association.
Mrs Kichenin is an Independent Director and the Chairperson of Audit Committee of SBM Bank (Mauritius) Ltd since March 2020.
Mr Balachandran Chelampet Puthukulangara (Balachandran CP)
Mr. Balachandran CP has a career that spans over 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). In addition, he is a certified associate of the Indian Institute of Banking & Finance (IIBF) and certified in AML from the International Compliance Association (ICA) UK. Mr. Balachandran is currently Director of Camp ML Ltd and was previously the Deputy CEO of Bank One in Mauritius and had held various executive positions in several international banks, including Société Générale, Oman International Bank, Indian Overseas Bank and State Bank of India.
Mr. Balachandran CP served as a member of the Banking Commission at the International Chamber of Commerce (ICC), Paris for long years as well as in the ICC Task Force on AML and Compliance. He is a Fellow of the Mauritius Institute of Directors, and was an Alternate Director at the Mauritius Bankers Association (MBA) between 2014 and 2018. He is a known trainer in the field of banking and a senior visiting resource at prominent bankers training institutions in India, East Africa and Mauritius.
Mr. Balachandran CP joined the Board of SBM Bank (Mauritius) Ltd as a Non-Executive Director in April 2019 and as the Chairman of the Board Credit Committee of SBM Bank (Mauritius) Ltd since March 2020.