Corporate Governance Report
GAURI A. GUPTA
Non-Executive Director (Appointed on 02.03.17)
Gauri Gupta heads I&M Group’s Corporate Advisory function. She has over 22 years of experience in Finance, Audit, Corporate Advisory and Banking Operations covering Product Development, Credit, Risk Management, and Strategic Planning. Under Corporate Finance, Gauri’s forte lies in M&A transactions including transaction structuring and legal documentation.
Gauri is a Director on the board of several companies under the I&M Bank Group including I&M Burbidge Capital Limited, an East African Corporate Advisory firm. She holds a Bachelor of Commerce degree and is a Chartered Accountant from the Institute of Chartered Accountants of India.
Independent Director (Appointed on 21.12.17)
Nikhil Treebhoohun is currently a consultant for Oxford International Mauritius, of which he is also the Chairman. He has over 30 years of professional experience in the field of development at both the national level (as the Chief Executive of such intermediary organizations like the Export Processing Zones Development Authority and the National Productivity and Competitiveness Council which were involved in improving competitiveness at both industry and national level), and at international level (as Head of the Trade Section at the Commonwealth Secretariat in London).
He was also the CEO of Global Finance Mauritius which is the voice of the financial services industry in Mauritius. Nikhil holds a BSc (Hons) Econ (Industry and Trade) from the London School of Economics & Political Science, a post graduate diploma in Development Planning Techniques from the Institute of Social Studies, Hague and a post graduate diploma in Financial Management from the University of New England, Australia. He is also a Fellow of the World Academy of Productivity Science and was a Senior Fulbright Fellow at Georgetown University, Washington DC.Directorship in listed entities in Mauritius: Terra Mauricia Ltd.
Non-Executive Director (Appointed on 15.04.15)
Marc-Emmanuel Vives joined CIEL Finance Limited as Chief Executive Officer in September 2014, bringing with him more than 25 years of experience at Société Générale. After starting within the General Inspection of the Société Générale Group, he spent the next 18 years of his career in various assignments in emerging countries, first in Argentina as Commercial Director, then Chairman & CEO of Société Générale Argentina, later in Russia, as CEO of Bank Société Générale Vostok, before becoming First Deputy Chairman of Rosbank, and finally in India as Country manager.
Marc-Emmanuel holds a Master’s degree in Business Administration from HEC Business School France, as well as a degree in History from Sorbonne University in Paris.Directorship in listed entities in Mauritius: IPRO Growth Fund Ltd, IPRO Funds Ltd
L. A. SIVARAMAKRISHNAN
Non-Executive Director (Appointed 07.03.16)
L. A. Sivaramakrishnan is the Head of Business Development at I&M Bank Limited. He has over 35 years of banking experience and has previously occupied the post of Head of Corporate Banking at I&M Bank Limited and Head of I&M Kenya’s Main Branch in Nairobi. He also held senior positions in Bank of Baroda in India and Kenya. He is also a director of I&M Insurance Agency Ltd, a fully owned subsidiary of I&M Bank Ltd.
L. A. Sivaramakrishnan holds an MSc in Agricultural Sciences and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
JUAN CARLOS ALBIZZATI
Non-Executive Director (Appointed on 02.03.17)
Juan Carlos Albizzati is currently engaged as the Head of Risk Management, Compliance and Control with Ciel Finance Limited. He is a seasoned banker and risk management expert with more than 40 years’ experience within the Société Générale Group. He has occupied various roles as Head of Internal Audit, Deputy Head Trade Finance and as Head of Risk with Société Générale in Romania, Croatia, Argentina and the Russian Federation. He was a Board member in Argentina, Executive member in Romania and Croatia and also sat as Management Board Member in the Russian Federation.
Juan Carlos holds an Academic Diploma in Finance and Administration from Buenos Aires University, Argentina and has undertaken different post-graduate studies in Economics, Finance, Accounting, Risk, Operational and Market Risk Activities, Recovery and Legal, within the SG Group, in Private and State Schools.
Chief Executive Officer & Executive Director (Appointed on 01.01.14)
Ravneet Chowdhury has a long career in the Banking industry, occupying various senior positions within the Standard Chartered Bank prior to his appointment as CEO of Standard Chartered Bank, Oman. He possesses extensive African experience, having worked in Southern and East Africa for a number of years and he has also worked for ABN AMRO and American Express Bank.
Ravneet is a qualified chartered accountant and holds a Bachelor of Commerce from the University of Delhi and an MBA from Henley Management College.
LEONARD C. MUSUSA
Independent Director (Appointed on 02.03.17)
Leonard Mususa is a Private Management Consultant with extensive experience in transaction services including due diligence and business valuations, business recovery and reconstruction services.
Leonard previously worked with PwC for 36 years and developed expertise in corporate governance, financial reporting, risk management and control. He served as Country Senior Partner with PwC (Tanzania) for 14 years prior to his retirement. He also served in other roles as Head of Assurance Risk and Quality in the PwC Africa Central region for three years and Head of Risk, Independence and Quality in the East Africa Market Area for a period of two years.
Leonard also holds directorships in diverse companies in Kenya and Tanzania in financial, manufacturing and media sectors. He is a Fellow of the Association of Chartered Certified Accountants (FCCA) and a Fellow Certified Public Accountant (Tanzania).
Independent Chairperson (Appointed as Independent Director on 02.09.13 and Chairperson on 07.09.17)
Sandra Martyres has over 25 years’ experience in banking at Senior Management level, overseeing all areas from Front Office (Corporate Banking, Trade Finance, Dealing Room) to support functions (Finance, HR, Admin, IT, Operations).
She retired from Société Générale as Deputy CEO – India. She is currently an Independent Director on the Board of Novartis India Ltd and an Executive Member of the Managing Committee of Alliance Francaise de Bombay. Sandra holds a Master’s Degree in Economics from the University of Mumbai.