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<span class="icon-sidebar"><svg xmlns="http://www.w3.org/2000/svg" width="23.954" height="24.299" viewBox="0 0 23.954 24.299"><path id="Union_20" data-name="Union 20" d="M-6740.643-22157.494c.435.027.874.035,1.311.025-.389.006-.78,0-1.166-.025-.017-.01-.034-.023-.052-.035l-.143-.01a1.157,1.157,0,0,1-.467-.584,1.042,1.042,0,0,1-.212-.584,10.073,10.073,0,0,0,1.164.045c3.69-.045,6.607-1.07,6.658-4.275.095-4.23-7.921-8.117-7.142-12.254.539-3,3.825-3.033,4.726-2.953a22.2,22.2,0,0,1,6.157.672,17.025,17.025,0,0,1,4.036,1.119v17.7a28.629,28.629,0,0,1-6.318,1.555h-.095c-.685.1-1.408.193-2.138.244-.295.045-.584.045-.874.1a12.138,12.138,0,0,1-1.508.094A8.153,8.153,0,0,1-6740.643-22157.494Zm-5.25-2.723a20.148,20.148,0,0,1-3.835-1.113v-17.6a29.358,29.358,0,0,1,6.118-1.6h-.095c.679-.1,1.408-.193,2.138-.244.29-.045.579-.045.874-.1a9.4,9.4,0,0,1,5.438.73c-.4-.025-.8-.033-1.2-.027h.042c.388-.006.777,0,1.162.027a1.066,1.066,0,0,1,.584,1.012.441.441,0,0,0,.05.006l-.05,0v0c-.164-.02-.327-.031-.49-.039,0,.014,0,.025,0,.039a7.024,7.024,0,0,0-.782-.047c-.544.01-1.084.043-1.609.1-2.991.334-5.475,1.52-5.475,4.227,0,3.936,7.676,8.217,7.676,12.152,0,2.426-2.413,3.2-5.211,3.2A22.706,22.706,0,0,1-6745.892-22160.217Zm9.959-.873a3.73,3.73,0,0,0,.245-1.314A3.73,3.73,0,0,1-6735.933-22161.09Zm.245-1.314c0-1.8-1.372-3.482-2.975-5.184.084.094.168.188.251.283C-6736.92-22165.7-6735.688-22164.109-6735.688-22162.4Zm.239-.289Zm-7.562-10.182a5.839,5.839,0,0,1-.525-1.545c0,.008,0,.018,0,.025a5.653,5.653,0,0,0,.385,1.244C-6743.1-22173.059-6743.06-22172.967-6743.011-22172.875Zm-.064-1.971a3.178,3.178,0,0,0,.022.371,3.178,3.178,0,0,1-.022-.371Z" transform="translate(6749.728 22180.969)" fill="#219ddd"></path></svg> </span>About SICOM Group
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<span class="icon-sidebar"><svg xmlns="http://www.w3.org/2000/svg" width="27.206" height="27.188" viewBox="0 0 27.206 27.188"><path id="Union_21" data-name="Union 21" d="M12083.827-6016.816a2.018,2.018,0,0,1-2.2-2.194c-.006-1.15-.009-2.3,0-3.445a2.027,2.027,0,0,1,2.146-2.143c.538-.009,1.081-.012,1.621-.012l.786-.006c0-.052,0-.1.006-.158a3.156,3.156,0,0,0-.018-.7.625.625,0,0,0-.689-.522l-10.972,0c-.488,0-.725.246-.743.765-.006.17,0,.34,0,.534v.1H12076a2.1,2.1,0,0,1,2.37,2.358c.007,1.147.01,2.176,0,3.205a2.053,2.053,0,0,1-2.255,2.222l-3.189,0q-1.875,0-3.751-.006a2.038,2.038,0,0,1-2.273-2.246q-.019-1.693,0-3.387a2.029,2.029,0,0,1,2.143-2.146c.334-.006,1.806-.006,1.806-.006h.635v-.553a3.007,3.007,0,0,1,3.123-3.123c.619-.006,2.343-.006,4.225-.006h6.17c2.331,0,3.436,1.083,3.487,3.405l.012.276,2.234,0a2.121,2.121,0,0,1,2.36,2.367v.477c0,.911.007,1.818,0,2.729a2.047,2.047,0,0,1-2.2,2.212l-3.15,0Q12085.784-6016.81,12083.827-6016.816Zm.079-2.292h6.868v-3.168h-6.868Zm-14.717,0h6.862v-3.181h-6.862Zm8.371-10.574a2.2,2.2,0,0,1-1.728-.753,2.228,2.228,0,0,1-.379-1.867l.121-.628c.125-.644.252-1.287.389-1.927a1.981,1.981,0,0,1,1.931-1.685q1.05-.031,2.105-.033c.684,0,1.369.012,2.055.03a1.965,1.965,0,0,1,1.942,1.66c.2.886.386,1.782.547,2.677a2.124,2.124,0,0,1-.4,1.763,2.149,2.149,0,0,1-1.653.759c-.322.009-.646.012-.969.012Zm.14-2.316h4.57l-.07-.358c-.118-.616-.233-1.211-.367-1.8a.274.274,0,0,0-.112-.112c-.707-.009-2.952-.012-2.952-.012h-.613Zm2.272-5.047a2.945,2.945,0,0,1-2.1-.9,2.97,2.97,0,0,1-.847-2.146,2.985,2.985,0,0,1,2.977-2.9,2.973,2.973,0,0,1,2.953,3.014,2.946,2.946,0,0,1-2.956,2.938Zm-.7-3.654a.957.957,0,0,0-.285.692,1.023,1.023,0,0,0,1.011.98,1.033,1.033,0,0,0,1.008-.98,1,1,0,0,0-.978-1H12080A1.024,1.024,0,0,0,12079.271-6040.7Z" transform="translate(-12066.39 6043.499)" fill="#3e414d" stroke="rgba(0,0,0,0)" stroke-width="1"></path></svg> </span>Group Structure
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<span class="icon-sidebar"><svg xmlns="http://www.w3.org/2000/svg" width="24.997" height="23.819" viewBox="0 0 24.997 23.819"><path id="Union_22" data-name="Union 22" d="M12307.736-5112.18a1.737,1.737,0,0,1-1.735-1.736v-4.4a3.2,3.2,0,0,1,3.2-3.2h3.667c.077,0,.151,0,.227.009a3.2,3.2,0,0,1,2.7-1.476h4.412a3.2,3.2,0,0,1,2.705,1.476c.077-.006.151-.009.226-.009h3.667a3.2,3.2,0,0,1,3.2,3.2v4.4a1.736,1.736,0,0,1-1.732,1.736Zm15.665-2.005h4.6v-4.131a1.2,1.2,0,0,0-1.2-1.2h-3.4Zm-8.8-5.6v5.6h6.8v-5.6a1.2,1.2,0,0,0-1.2-1.2h-4.4A1.2,1.2,0,0,0,12314.6-5119.783Zm-6.6,1.467v4.131h4.6v-5.329h-3.4A1.2,1.2,0,0,0,12308-5118.316Zm9-.733a1,1,0,0,1,1-1,1,1,0,0,1,1,1,1,1,0,0,1-1,1A1,1,0,0,1,12317-5119.05Zm3.955-5.255a5.716,5.716,0,0,1-2.955.817,5.731,5.731,0,0,1-2.952-.817,4.646,4.646,0,0,1-4.02,2.29,4.65,4.65,0,0,1-1.782-.353,4.676,4.676,0,0,1-2.525-6.1,4.65,4.65,0,0,1,4.313-2.881,4.629,4.629,0,0,1,1.51.251,5.74,5.74,0,0,1,3.868-3.68A5.8,5.8,0,0,1,12318-5135a5.8,5.8,0,0,1,5.456,3.9,4.646,4.646,0,0,1,1.513-.251,4.64,4.64,0,0,1,4.156,2.547,4.668,4.668,0,0,1-2.036,6.276,4.593,4.593,0,0,1-2.117.51A4.646,4.646,0,0,1,12320.953-5124.3Zm-9.942-5.047a2.667,2.667,0,0,0-2.655,2.677,2.67,2.67,0,0,0,2.668,2.652,2.665,2.665,0,0,0,2.469-1.643,5.775,5.775,0,0,1-1.256-3.395,2.669,2.669,0,0,0-1.217-.291v-.266Zm12.752.291a5.766,5.766,0,0,1-1.256,3.395,2.665,2.665,0,0,0,2.451,1.634,2.668,2.668,0,0,0,2.673-2.655,2.636,2.636,0,0,0-.355-1.325,2.677,2.677,0,0,0-2.312-1.337A2.661,2.661,0,0,0,12323.763-5129.061Zm-9.527-.2a3.768,3.768,0,0,0,3.763,3.766,3.77,3.77,0,0,0,3.77-3.766,3.769,3.769,0,0,0-3.77-3.763A3.767,3.767,0,0,0,12314.235-5129.256Z" transform="translate(-12305.501 5135.499)" fill="#3e414d" stroke="rgba(0,0,0,0)" stroke-width="1"></path></svg> </span>Board of Directors
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<span class="icon-sidebar"><svg xmlns="http://www.w3.org/2000/svg" width="24.332" height="29.531" viewBox="0 0 24.332 29.531"><path id="Union_23" data-name="Union 23" d="M12066-6232.77v-7.146c.006-3.074,1.311-4.821,4.229-5.671.859-.249,1.729-.452,2.616-.662l1.586-.382,1.642,3.489.419-2.882h3.362l.249,2.619c.339-.729.679-1.459,1-2.2a1.144,1.144,0,0,1,1.05-.8,1.653,1.653,0,0,1,.452.073c.473.134.952.252,1.432.367a23.336,23.336,0,0,1,2.9.856,4.8,4.8,0,0,1,3.065,4.587c.054,1.663.039,3.323.026,4.985l-.012,2.1-.042.209-.095.355-.392.1Zm7.349-11.648c-.4.115-.81.216-1.22.319a17.831,17.831,0,0,0-1.975.561,3.092,3.092,0,0,0-2.252,2.843c-.061,1.52-.049,3.016-.033,4.6.006.522.012,1.047.012,1.569h2.131v-3.483h1.838v3.474h6.181s-.673-1.311-.719-1.411l-.729-1.578q-1.575-3.395-3.137-6.8l-.01-.106A.3.3,0,0,0,12073.348-6244.418Zm12.687,6.415v3.465h2.114l0-1.468c0-1.5.007-2.974-.009-4.448a2.852,2.852,0,0,0-1.532-2.673,17.556,17.556,0,0,0-2.552-.88c-.446-.127-.9-.258-1.332-.4a.135.135,0,0,0-.061-.019c-.043,0-.07.042-.112.137-.652,1.457-1.323,2.9-1.993,4.351l-2.513,5.4h6.132V-6238Zm-8.077-5.461c-.143.958-.285,1.9-.416,2.849a1.844,1.844,0,0,0-.039.679c.137.376.3.741.473,1.12a6.141,6.141,0,0,0,.289-.673,3.5,3.5,0,0,0,.209-1.125c0-.5-.049-1-.094-1.5l-.2-2.012h-.125Zm-2.949-5.143a9.288,9.288,0,0,1-3.116-8.223,6.1,6.1,0,0,1,6.02-5.17,6.388,6.388,0,0,1,4.977,2.339,6.5,6.5,0,0,1,1.2,5.416,10.322,10.322,0,0,1-2.822,5.434,4.7,4.7,0,0,1-3.258,1.523A4.352,4.352,0,0,1,12075.008-6248.608Zm1.229-1.4a2.736,2.736,0,0,0,1.8.819,2.818,2.818,0,0,0,1.96-.992,8.311,8.311,0,0,0,2.248-4.391,9.97,9.97,0,0,0,.124-1.32c0-.042.007-.088.007-.134-.1.006-.2.009-.3.009a4.137,4.137,0,0,1-2.879-1.092,7.662,7.662,0,0,1-4.722,1.578q-.41,0-.838-.036A8.161,8.161,0,0,0,12076.236-6250.01Zm1.411-10.128a4.345,4.345,0,0,0-3.672,2.731q.311.027.61.027a6.035,6.035,0,0,0,4.47-2.018l.382-.395.334.434c.789,1.032,1.456,1.514,2.1,1.521a4.435,4.435,0,0,0-3.859-2.318A3.61,3.61,0,0,0,12077.647-6260.139Z" transform="translate(-12065.849 6262.151)" fill="#3e414d" stroke="#3e414d" stroke-width="0.3"></path></svg> </span>Management Team
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<span class="icon-sidebar"><svg xmlns="http://www.w3.org/2000/svg" width="26.61" height="23.391" viewBox="0 0 26.61 23.391"><path id="Path_10783" data-name="Path 10783" d="M25.6,8.08V6.33a2.195,2.195,0,0,0-2.439-2.452H17.3V3.74c0-.385.007-.741-.006-1.1A2.526,2.526,0,0,0,14.575,0H11.128A2.557,2.557,0,0,0,8.307,2.818V3.876H2.548C.813,3.878,0,4.692,0,6.44v4.145c0,1.137.095,1.362,1.06,1.726,0,0-.009,6-.006,7.777a2.11,2.11,0,0,0,2.288,2.3l9.419,0,9.419,0A2.128,2.128,0,0,0,24.548,20v-.538c0-2.333,0-4.666-.009-7,0-.135.017-.172.085-.185a1.176,1.176,0,0,0,.983-1.324C25.594,10,25.6,9.038,25.6,8.08M15.584,2.548c.026.378.019.758.013,1.154v.155H10.031l0-.177a10.176,10.176,0,0,1,.022-1.275.712.712,0,0,1,.772-.692q1.04-.019,2.083-.02.911,0,1.82.016a.8.8,0,0,1,.859.838m-.368,10.057a.963.963,0,0,0-.716-.261H11.214a.992.992,0,0,0-.742.273,1.015,1.015,0,0,0-.253.774c0,.106.006.212.006.322L1.711,10.745V9.633c0-1.2-.006-2.4.009-3.591,0-.279.078-.425.484-.449l.2-.006H23.057c.794,0,.834.039.834.83v4.326L15.476,13.7v-.356a.994.994,0,0,0-.26-.739m-12.46.3,3.329,1.164c1.344.469,2.689.937,4.039,1.393l.1.169a1.318,1.318,0,0,0,.06.768c.034.069.345.676.837.693.619.022,1.238.029,1.858.029.536,0,1.07-.006,1.6-.011.576,0,.877-.36.9-1.06a2.806,2.806,0,0,1,.043-.551,2.779,2.779,0,0,1,.534-.214s6.752-2.362,6.809-2.379v7.006c0,.719-.053.771-.785.771H3.565a1.312,1.312,0,0,1-.718-.112,1.313,1.313,0,0,1-.111-.721c0-1.973.02-6.946.02-6.946m8.552.645H14.38v2.313H11.309Z" transform="translate(0.5 0.5)" fill="#3e414d" stroke="#3e414d" stroke-width="1"></path></svg> </span>Corporate Governance
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<span class="icon-sidebar"><svg xmlns="http://www.w3.org/2000/svg" width="24.497" height="26.506" viewBox="0 0 24.497 26.506"><path id="Union_24" data-name="Union 24" d="M12069.069-6385c-2.151,0-3.07-.78-3.07-2.606v-20.781c0-1.833.919-2.616,3.067-2.616h17.9c2.1,0,3.034.8,3.034,2.579v20.9c0,1.724-.94,2.524-2.961,2.524l-11.977,0Zm-.2-2.018h18.114a3.4,3.4,0,0,0,.625-.036c-.009-.034-.009-.376-.009-.492l0-21.027a1.2,1.2,0,0,0-.037-.419c0,.012-.009.015-.051.015-.062,0-.183-.006-.386-.006h-18.254a1.82,1.82,0,0,0-.47.033h0a3.1,3.1,0,0,1-.01.315q-.009,10.6,0,21.2a1.114,1.114,0,0,0,.04.413c0-.009.006-.009.03-.009C12068.515-6387.024,12068.636-6387.015,12068.872-6387.015Zm5.92-2.946c-1.123,0-2.245,0-3.365-.015a1.63,1.63,0,0,1-1.259-.564,1.109,1.109,0,0,1-.158-1,1.167,1.167,0,0,1,.8-.719,2.71,2.71,0,0,1,.8-.091l12.889-.006.177.006c.9.058,1.353.467,1.341,1.21-.006.44-.194,1.18-1.387,1.18Zm9.755-5.243-13.277-.006c-.822-.021-1.311-.467-1.311-1.189a1.173,1.173,0,0,1,1.332-1.18l13.067,0,.276.521v-.525a1.25,1.25,0,0,1,.674.155,1.4,1.4,0,0,1,.683,1.047,1.464,1.464,0,0,1-.671,1.032,1.018,1.018,0,0,1-.588.155Zm-8.414-4.964c-.664-.516-1.341-1.02-2.015-1.52l-.282-.209a1.147,1.147,0,0,1-.379-1.72,1.111,1.111,0,0,1,.916-.507,1.511,1.511,0,0,1,.9.358l1.568,1.178s3.5-4,3.688-4.218a1.414,1.414,0,0,1,1.064-.592,1.148,1.148,0,0,1,.737.282,1.113,1.113,0,0,1,.44.78,1.538,1.538,0,0,1-.465,1.111c-.582.67-2.5,2.852-2.5,2.852l-.477.537c-.418.473-.834.943-1.234,1.426a1.408,1.408,0,0,1-1.083.589A1.445,1.445,0,0,1,12076.133-6400.168Z" transform="translate(-12065.749 6411.25)" fill="#3e414d" stroke="#3e414d" stroke-width="0.5"></path></svg> </span>Annual Report
Board Of Directors
Board Composition
The Board of Directors is a unitary Board composed of 11 Directors, chaired by a Non-Executive Director, who are all residents of Mauritius. The Board is broad-based and consists of individuals from different backgrounds with the right balance of skills, experience and diversity. There are no alternate directors on the Board of the Company.
Click here for an overview of our Board of Directors
Mrs Karuna G. BHOOJEDHUR-OBEEGADOO
Fellow of the Institute of Actuaries, UK
BSc (Hons) in Actuarial Science, London School of Economics and Political Science
Fellow of the Mauritius Institute of Directors
Karuna Bhoojedhur-Obeegadoo was appointed Chairperson in December 2021 after serving on the SICOM Board since 1996. Previously Group Chief Executive Officer of the SICOM Group of Companies until September 2017, she also worked with M&G Reinsurance Company in London (now Swiss Re) and acted as Actuarial Adviser and member of the National Pensions Fund's Investment Committee.
Mrs Bhoojedhur-Obeegadoo is currently a member of the Boards of companies within the SICOM Group. She also sits on the Board, Audit Committee, and Remuneration, Corporate Governance, Ethics and Sustainability Committee of MCB Group Ltd as well as on the Board of MCB Equity Fund Ltd.
Her past directorships include State Bank of Mauritius Ltd, National Mutual Fund Ltd, First Republic Fund Ltd, Cyber Properties Investment Ltd, Mauritius Housing Company Ltd, National Housing Development Company Ltd, China Index Fund Ltd and China Actis Ltd. She was also a Founding Member of the National Committee on Corporate Governance and Board of Investment.
Board of Directors
Mr Anandsing ACHARUZ
MSc in Financial Economics, University of London
Anandsing Acharuz is presently Deputy Financial Secretary at the Ministry of Finance, Economic Planning and Development. He has held various responsibilities and worked on a number of important development issues since joining the public service in 1996. He is responsible for, amongst others, the coordination and preparation of the National Budget and the formulation of policies and measures to ensure effective public finance management.
In view of his responsibilities, Mr Acharuz constantly engages with international organisations on policy measures to address issues and challenges facing the Mauritian economy. He also serves as Director on the Board of a number of public bodies and contributes to their effective financial management.
Mr Chandradeo (Sanjeev) DABEEA
BA (Hons) Business Accounting,University of Lincolnshire & Humberside (UK)
MBA (Financial Management), University of Mauritius
Fellow of the Association of Chartered Certified Accountants
Sanjeev Dabeea has over 25 years of experience in the field of accounting/finance, auditing and procurement. He started his career in an accounting and auditing firm and has occupied management and Head of Department positions with various private, parastatal and public interest entities. He has been the Head of Commercial Department of the State Trading Corporation since August 2020 after serving as Manager/Head of Accounting and Finance of Airports of Mauritius Co. Ltd from June 2009 to August 2020.
Mr Dabeea is registered as a Professional Accountant with the Mauritius Institute of Professional Accountants since January 2007; he is also a member of the Mauritius Institute of Directors since 2010 and of the Institute of Internal Auditors since 2019. He is a past Director of State Property Development Company Limited.
Mr Dev K GOPY
Diplôme d’Etude Approfondies (DEA) in Finance from Institut d’Administration des Entreprises (IAE), University of Montpellier II, France
Maîtrise in Financial Management from Institut d’Administration des Entreprises (IAE), University of Montpellier II, France
Qualified Stockbroker
Dev Gopy joined SICOM in 2001 after working for a leading local banking institution. He oversees investment management for the Group locally and overseas. He is also responsible for the loans, leasing, investment advisory and collective investment schemes businesses, as well as the operations of SICOM Global Fund Limited and
SICOM Management Limited.
Mr Gopy currently serves as Executive Director on the Boards of SICOM Financial Services Ltd and SICOM Management Limited. He is also a Director of Cyber Properties Investment Ltd and is a past Director of the Stock Exchange of Mauritius Ltd and the Central Depository and Settlement Co. Ltd.
Mr Chaitanand (Rishi) JHEENGUN
Fellow of the Chartered Governance lnstitute UK & Ireland (ICSA)
Masters in Business Administration - Heriot Watt University, Edinburgh
Chaitanand (Rishi) Jheengun started his career in the public service in 1982 as Customs & Excise Officer at the Customs & Excise Department, Ministry of Finance. He took employment in 1990 with KPMG Peat Marwick and in the same year, joined the Stock Exchange of Mauritius (SEM) as Administrative Officer/ Company Secretary. He was the Group Company Secretary of SEM until 2018. He was Head of the Trading & Market Information Department, Compliance Officer and Money Laundering Officer and member of the Listing Executive Committee of SEM until February 2022.
Mr Jheengun is presently the Company Secretary of the Central Depository & Settlement Co Ltd and Chairman of the Sugar Insurance Fund Board. He is also a member of the ICSA – Mauritius Branch.
Ms Shakilla Bibi JHUNGEER
LLM International Law and Criminal Justice from the University of East London
Shakilla Jhungeer is a barrister. She attended the Bar Vocational Course (BVC) at the College of Law, London from 2009 to 2010 and was called to the Bar at Lincoln’s Inn in 2010 and to the Mauritius Bar on 20 January 2012.
Ms Jhungeer currently serves as Director on the Boards of SBM Holdings Ltd, SBM (Bank) Holdings Ltd, SBM (NBFC) Holdings Ltd, SBM 3S Ltd, SBM Kenya Ltd and Rodrigues Duty Free Paradise Ltd. She was a Board Member of the Independent Commission Against Corruption (ICAC) from February 2015 to October 2019.
Ms Maheswaree Naraini MADHUB
Diploma in Public Administration and Management, University of Mauritius
BSc Major in Biochemistry and Botany, Australian National University
Certificate on “La Bonne Governance et Réforme de l’État”,
Institut d’Administration Publique/Ecole Nationale d’Administration, France
Maheswaree Madhub is the Senior Chief Executive of the Ministry of Social Integration, Social Security and National Solidarity. She started her career in the public service in 1988 as Assistant Secretary. She has extensive experience in the field, having served in the Ministry of Agriculture and Natural Resources, the Office of the President, the Ministry of Finance and Economic Development, the Prime Minister’s Office (External Communications Division and Cabinet Office),
Ms Madhub has been the Supervising Officer of the Ministry of Health and Wellness and Ministry of Agro-Industry and Food Security. She also served as Secretary to the Electoral Supervisory Commission and Electoral Boundaries Commission and has acted as Chairperson/Director in a number of statutory bodies and government-owned organisations.
Mr Varun Krishn MUNOOSINGH
BSc (Hons) Economics and Finance, University of Mauritius
MA Economics, University of Mauritius
Varun Krishn Munoosingh is currently an Assistant Permanent Secretary at the Prime Minister’s Office and is presently posted at the Private Office.
He joined the Public Service in 2015 as Civil Status Officer. He was appointed Assistant
Permanent Secretary in 2017 and was previously posted at the Home Affairs Division of the Prime Minister’s Office and the Ministry of Defence and Rodrigues.
Mr Munoosingh is also a past Board Member of SBM Holdings Ltd and the Road Development Authority.
Mrs Nandita RAMDEWAR (Group CEO)
Fellow of the Association of Chartered Certified Accountants
Masters in Business Administration - specialisation in Finance, Manchester Business School
Fellow of the Mauritius Institute of Directors
Member of the International Fiscal Association (Mauritius)
She worked for a leading audit firm prior to joining the Group as Manager (Finance) in 1992. She has since held senior management roles in various business units and has served as Company Secretary, Deputy Group CEO and Chief Finance Officer. During her career, she has gained broad experience in insurance, strategy, finance, investments, financial services, corporate matters and other fields.
Mrs Ramdewar currently serves on the Boards of Directors of SICOM Financial Services Ltd, SICOM General Insurance Ltd, SICOM Global Fund Limited, SICOM Management Limited and National Housing Development Co. Ltd. She is also a past Chairperson of the Private Secondary Schools Authority and has been a Director of the Stock Exchange of Mauritius Ltd and Central Depository and Settlement Co. Ltd.
Mrs Ushalini SHEWRAJ
Master of Business Administration, University of Mauritius
MSc in Information Technology, University of Mauritius
Ushalini Shewraj started her career in the Public Service in 1999 as a Technical Officer at the Ministry of Agriculture. In 2002, she joined the Administrative Cadre and served as Assistant Permanent Secretary, mainly at the Ministry of Information and
Communication Technology and the Prime Minister’s Office.
She currently occupies the post of Deputy Permanent Secretary at the Ministry of Financial Services and Good Governance. She reckons more than 20 years of experience
in Public Administration and Management. During her career, she has served on various Boards and Committees.
Mr Jairaj SONOO (C.S.K)
Masters in Business Administration (MBA), University of Surrey, UK
Jairaj Sonoo is the Chairman of the State Investment Corporation Limited (SIC), the investment arm of the Government of Mauritius. He is the Group CEO of the National Housing Development Co. Ltd and Executive Director of New Social Living Development Ltd. Mr Sonoo has spent four decades in the banking sector at local and international level, including 38 years in various positions at State Bank of Mauritius Ltd. He served as CEO of SBM Bank (Mauritius) Ltd from September 2012 to August 2016 and Acting Group Chief Executive of SBM Holdings from November 2014 to September 2015. He was also Chief Executive - Overseas Expansion of SBM Holdings Ltd from August 2016 to September 2017.
During his tenure of office within the SBM Group, he was responsible for overseeing the development and execution of the Bank’s international strategy through both organic growth, merger and acquisition. He also led the acquisition of a Kenyan bank, which marked the milestone for the Group’s entry into East Africa. Mr Sonoo holds directorships in various investee companies of the SIC. He is also the Chairman of the Industrial Finance Corporation of Mauritius (IFCM) Ltd.
DTOS Ltd
DTOS is a leading corporate service provider operating in the Mauritian International Financial Centre for the last 30 years. Founded in 1993 and licensed by the Financial Services Commission, DTOS provides a comprehensive range of professional services including corporate and secretarial services, fund administration and accounting services.
DTOS has a substantial and diversified clients’ base that includes Fortune 500 multinationals, private equity firms, global banking institutions, financial powerhouses, institutional investors, family offices and High Net Worth individuals who enjoy a high degree of confidentiality established through Mauritian laws. Headquartered in the Republic of Mauritius with operational offices in the UAE, Kenya, Uganda, Rwanda (coming soon) and representative offices in China, India and France, DTOS is a leading regional expert providing tailor-made solutions to clients in Mauritius and worldwide.
Mrs Karuna G. BHOOJEDHUR-OBEEGADOO
Fellow of the Institute of Actuaries, UK
BSc (Hons) in Actuarial Science, London School of Economics and Political Science
Fellow of the Mauritius Institute of Directors
Karuna Bhoojedhur-Obeegadoo was appointed Chairperson in December 2021 after serving on the SICOM Board since 1996. Previously Group Chief Executive Officer of the SICOM Group of Companies until September 2017, she also worked with M&G Reinsurance Company in London (now Swiss Re) and acted as Actuarial Adviser and member of the National Pensions Fund's Investment Committee.
Mrs Bhoojedhur-Obeegadoo is currently a member of the Boards of companies within the SICOM Group. She also sits on the Board, Audit Committee, and Remuneration, Corporate Governance, Ethics and Sustainability Committee of MCB Group Ltd as well as on the Board of MCB Equity Fund Ltd.
Her past directorships include State Bank of Mauritius Ltd, National Mutual Fund Ltd, First Republic Fund Ltd, Cyber Properties Investment Ltd, Mauritius Housing Company Ltd, National Housing Development Company Ltd, China Index Fund Ltd and China Actis Ltd. She was also a Founding Member of the National Committee on Corporate Governance and Board of Investment.
Board of Directors
Mr Surendranath ANCHARAZ (Kiran)
Holder of an Executive MBA
Degree in Economics, Delhi University, India
Kiran Ancharaz joined SICOM General Insurance Ltd in 2019 after gaining more than twenty-two years of experience in the Insurance sector. He has a sound knowledge of General Insurance products, Underwriting, Claims and Marketing, among others. Kiran is well acquainted with most forms of distribution for insurance companies, while driving top line growth and profitability.
In his present post, Kiran is responsible for the management of the overall General Insurance Business operations of SICOM General Insurance Ltd.
Dr. Yasheel Kumar AUKHOJEE
Dr. Yasheel Kumar Aukhojee enjoys around 10 years in both public and private sectors. After gaining his medical degree, he came back to serve his motherland and joined the Public Healthcare. He also qualified as STCW and served as Ship doctor. Gaining experience both in SSRN and Dr AG Jeetoo Hospitals, Dr Aukhojee took a path to follow his passion of making healthcare reach to doorstep of each Mauritian.
He is the founding director of Médecin à domicile, the first indigenous doctor at home company. He revolutionised the healthcare delivery model and Médecin à domicile currently leads its position both as home and company doctor. Dr Aukhojee is an ardent supporter of social causes and works at the grass root level to uplift the quality of life of citizens especially the elder ones.
Mr Anandjaye CHUMMUN
Anandjaye Chummun started his career at the Valuation Division of Ministry of Finance in 1979. ln 2010, his political engagement led him to new ventures and job prospects. Since, he has been an Adviser to the Minister of Social Security and acted as a Chairperson for the CSR SICOM Foundation.
Furthermore, throughout his career, Anandjaye Chummun has been an active member of his community where he was the delegate of Valuation Office Staff Association to GSA Union, was the President of Chamouny Progressive Football Club and currently he is the Vice Chairperson for the Film Censor Board.
Mr Chandradeo (Sanjeev) DABEEA
BA (Hons) Business Accounting, FCCA, MBA (Financial Management)
Sanjeev is a Fellow of the Association of Chartered Certified Accountants. He also holds an MBA (Financial management) and a Bachelor of Arts (Hons) in Business Accounting from the University of Lincolnshire & Humberside (UK).
Sanjeev has over 25 years of experience in the field of accounting / finance, auditing and procurement. He started his career in an accounting and auditing firm and over the years have served various private, parastatal and public interest entities at management level and as Head of department. He is actually the Commercial Manager of State Trading Corporation as from Aug 2020 and prior to that has served as Manager / Head of Accounting and Finance of Airports of Mauritius Co Ltd from June 2009 to Aug 2020.
Sanjeev is registered as a Professional Accountant with the Mauritius Institute of professional Accountants as from Jan 2007, is a Member of the Mauritius Institute of Directors since 2010 and is also a member of the Institute of Internal Auditors since 2019. He has in the past served as director on the Board of State Property Development Company Limited.
Mr Chandrek DUSSOYE
Affiliate of Association of Chartered Certified Accountants
BSc (Hons) Business Management, University of Mauritius
Chandrek (Nitin) Dussoye has been working in the financial sector since 2000 as Business and Financial Consultant and Financial Analyst. He also has extensive exposure to private equity financing.
He currently works as Investment Executive at the State Investment Corporation Limited where he is involved in portfolio and investment management. He has participated in the implementation of several live projects in a fast-paced investment environment and gathered experience across several economic sectors. He is also Director of some companies within the SIC Group.
Mr Vinod Kumar KOONJOO
BSc (Hons) Chemistry, Delhi University
Vinod Kumar Koonjoo has a long career in the private and parastatal sectors. He started his career as a teacher in 1982. He has also worked at the MITD and in 1994, he had introduced the National Dual System of Apprenticeship Training which is an important part of the training sector till date. In 2002, he joined the National Handicraft Promotion Agency where he promoted the local handicraft products in Europe. Vinod Koonjoo has also set up a unit for Chemtech Ltd (Medical and Signage products) in Madagascar from 2008 to 2011.
In 2011, he joined the Harel Mallac Group as the Regional Sales Manager in Tanzania and was responsible for the marketing and sale of industrial chemicals in the East African Countries. He joined the Mont Choisy Group in 2015 as the CSR Executive and served till 2020 when he retired from the Group. Since 2020 he acts as Advisor to several Property Development Companies.
Mr José MOONIEN
Holder of a Bachelor’s degree in Mathematics from the University of Mumbai
José Moonien worked as the Currency Officer at the State Bank of Mauritius. Previously served at the D’Epinay Village Council as Chairperson and former district councilor at Pamplemousses District Council.
He is actually an educator teaching Maths and additional Maths at the secondary level with more than 20 years of experience and also a Member of the Regional Health Advisory Board and a Director of the JKB MOONIEN COMPANY LTD.
Mrs Nandita RAMDEWAR
Fellow of the Association of Chartered Certified Accountants
Masters in Business Administration - specialisation in Finance, Manchester Business School
Fellow of the Mauritius Institute of Directors
Member of the International Fiscal Association (Mauritius)
Nandita Ramdewar took up the position of Group CEO in May 2021 after acting as Officer-in-Charge since August 2019. She was appointed to the SICOM Board in 2013.
She worked for a leading audit firm prior to joining the Group as Manager (Finance) in 1992. She has since held senior management roles in various business units and has served as Company Secretary, Deputy Group CEO and Chief Finance Officer. During her career, she has gained broad experience in insurance, strategy, finance, investments, financial services, corporate matters and other fields.
Mrs Ramdewar currently serves on the Boards of Directors of SICOM Financial Services Ltd, SICOM General Insurance Ltd, SICOM Global Fund Limited, SICOM Management Limited and National Housing Development Co. Ltd. She is also a past Chairperson of the Private Secondary Schools Authority and has been a Director of the Stock Exchange of Mauritius Ltd and Central Depository and Settlement Co. Ltd.
Mr Dharmanand RAMKALLAWON
Mr Dharmanand Ramkallawon joined the Public Service in 1991 and has since been posted to different Ministries. In 2007, he joined the Local Government Service and occupies the post of Library Clerk at the District Council of Savanne.
Mr Ramkallawon has been a former representative of the Association of District Councils and a former Board Member of the National Library.
DTOS Ltd
DTOS is a leading corporate service provider operating in the Mauritian International Financial Centre for the last 30 years. Founded in 1993 and licensed by the Financial Services Commission, DTOS provides a comprehensive range of professional services including corporate and secretarial services, fund administration and accounting services.
DTOS has a substantial and diversified clients’ base that includes Fortune 500 multinationals, private equity firms, global banking institutions, financial powerhouses, institutional investors, family offices and High Net Worth individuals who enjoy a high degree of confidentiality established through Mauritian laws. Headquartered in the Republic of Mauritius with operational offices in the UAE, Kenya, Uganda, Rwanda (coming soon) and representative offices in China, India and France, DTOS is a leading regional expert providing tailor-made solutions to clients in Mauritius and worldwide.
Mr Oomesh Sharma MAHADU
Fellow of the Association of Chartered Certified Accountants
Member of the Mauritius Institute of Professional Accountants (MIPA)
Oomesh Sharma Mahadu is the Finance Manager of Polytechnics Mauritius Ltd, a skills-based tertiary education institution under the aegis of the Ministry of Education, Tertiary Education, Science and Technology. He also plays a pivotal role in the development and deployment of many strategic initiatives of his organisation and contributes extensively towards the growth of Polytechnics Mauritius Ltd.
Mr Mahadu’s diversified professional experience spans over 17 years in fields such as accounting, auditing and financial
analysis. He worked more than 8 years in Big 4 Accounting Firms (Deloitte Middle East and EY) both internationally and locally. In addition, he has well-rounded financial expertise in real estate, construction, aviation, education, manufacturing & textiles, financial services, heavy industries, oil & gas, energy, mining, not-for-profit organisations, sports, IT companies, marketing & multimedia and trading in Mauritius and abroad.
Board of Directors
Mrs Karuna G. BHOOJEDHUR-OBEEGADOO
Fellow of the Institute of Actuaries, UK
BSc (Hons) in Actuarial Science, London School of Economics and Political Science
Fellow of the Mauritius Institute of Directors
Karuna
Bhoojedhur-Obeegadoo was appointed Chairperson of the State Insurance Company of Mauritius Ltd in December 2021 after serving on the SICOM Board since 1996. Previously Group Chief Executive Officer of the SICOM Group of Companies until September
2017, she also worked with M&G Reinsurance Company in London (now Swiss Re) and acted as Actuarial Adviser and member of the National Pensions Fund's Investment Committee.
Mrs Bhoojedhur-Obeegadoo is currently a member of the Boards
of companies within the SICOM Group. She also sits on the Board, Audit Committee, and Remuneration, Corporate Governance, Ethics and Sustainability Committee of MCB Group Ltd as well as on the Board of MCB Equity Fund Ltd.
Her past
directorships include State Bank of Mauritius Ltd, National Mutual Fund Ltd, First Republic Fund Ltd, Cyber Properties Investment Ltd, Mauritius Housing Company Ltd, National Housing Development Company Ltd, China Index Fund Ltd and China Actis
Ltd. She was also a Founding Member of the National Committee on Corporate Governance and Board of Investment.
Mr Chelven CHENGABROYAN
MSc (Hons) in Finance from Cass Business School (UK) with specialisation in the valuation of derivatives and financial instruments
BSc (Hons) Accounting with Finance from the University of Mauritius
Member of the Institute of Chartered Accountants in England and Wales (ICAEW)
Fellow member of the Association of the Chartered Certified Accountants (ACCA)
Member of the Chartered Institute of Securities and Investment (CISI)
Chelven Chengabroyan is a partner at NJC ASSOCIATES, a member firm of IECnet Global. With an extensive career spanning over 17 years in both local and international audit and advisory services, he brings a wealth of experience to his role.
Before assuming his current position, Mr Chengabroyan was an integral part of the management team at Kross Border
Corporate Services Ltd (now rebranded as Rogers Capital) for over a year. Prior to this, he served as a Senior Manager at
Deloitte & Touche (M.E.) in the United Arab Emirates for over six years, where he specialised in the financial services industry.
He also holds a licence as an Insolvency Practitioner.
Mr Avinash DREEPAUL
Masters in Applied Economics - specialisation in Banking and Finance
BSc Accounting with Information Systems
Eastern and Southern Africa Anti-Money Laundering Group Assessors Training
Avinash Dreepaul is the Acting Director (Anti-Money Laundering/Combating Financing of Terrorism) at the Ministry of Financial Services and Good Governance. With a career that spans over 15 years, he brings a wealth of experience
in the fields of public financial management, auditing and compliance, and information systems.
After beginning his career in the private sector, Mr Dreepaul joined the public service at the National Audit Office in 2009. He later transitioned
to the Ministry of Finance, Economic Planning, and Development, where he assumed responsibility for the Public Debt Management and Public Pension Units. Throughout his professional journey, he has actively contributed as a Director on various
Boards of parastatal bodies and companies. He has also represented Mauritius in a number of workshops and conferences.
Mr Dev Kumar GOPY
Diplôme d’Etude Approfondies (DEA) in Finance from Institut d’Administration des Entreprises (IAE), University of Montpellier II, France
Maîtrise in Financial Management from Institut d’Administration des Entreprises (IAE), University of Montpellier II, France
Qualified Stockbroker
Dev Gopy joined SICOM in 2001 after working for a leading local banking institution. He oversees investment management for the Group locally and overseas. He is also responsible for the loans, leasing, investment advisory and collective investment
schemes businesses, as well as the operations of SICOM Global Fund Limited and SICOM Management Limited.
Mr Gopy currently serves as Executive Director on the Boards of State Insurance Company of Mauritius Ltd, and SICOM
Management
Limited. He is also a Director of Cyber Properties Investment Ltd and is a past Director of the Stock Exchange of Mauritius Ltd and the Central Depository and Settlement Co. Ltd.
Mrs Nandita RAMDEWAR (Group CEO)
Fellow of the Association of Chartered Certified Accountants
Masters in Business Administration - specialisation in Finance, Manchester Business School
Fellow of the Mauritius Institute of Directors
Member of the International Fiscal Association (Mauritius)
Nandita Ramdewar took up the position of Group CEO in May 2021 after acting as Officer-in-Charge since August 2019. She was appointed to the SICOM Board in 2013.
She worked for a leading audit firm prior to joining the Group as Manager (Finance)
in 1992. She has since held senior management roles in various business units and has served as Company Secretary, Deputy Group CEO and Chief Finance Officer. During her career, she has gained broad experience in insurance, strategy, finance, investments,
financial services, corporate matters and other fields.
Mrs Ramdewar currently serves on the Boards of Directors of State Insurance Company of Mauritius Ltd, SICOM General Insurance Ltd, SICOM Global Fund Limited, SICOM Management Limited
and National Housing Development Co. Ltd. She is also a past Chairperson of the Private Secondary Schools Authority and has been a Director of the Stock Exchange of Mauritius Ltd and Central Depository and Settlement Co. Ltd.
Mrs Subashini RAMA
FCCA
Subashini Rama is presently Director, Economy and Finance, at the Ministry of Finance, Planning and Economic Development. She has contributed for over 15
years to strategies and reforms in the sectors of education, labour market, ICT, Research and Innovation, and trade and business facilitation.
In previous roles, she has been responsible for managing the portfolio of the National
Pension Fund and the National Savings Fund and for undertaking management audits in various public sector organisations. In the trade and business facilitation space, she has worked on a number of projects with development partners on licensing reforms,
e-judiciary and the setting up of the National E-Licensing platform.
She has been active in the design and implementation of national innovation schemes and has been part of the Steering Committee of several IT projects on
the digitisation of public services. She also serves as Director on the Board of a number of public bodies.
Mr Subiraj (Ravi) REEDOY
BSc Social Work (UOM)
Masters in Business Administration (MBA), University of Mauritius
LLB, University of London
Ravi Reedoy brings a wealth of experience to the table as a consultant with a robust background in Government services and the NGO sector. With an impressive career spanning nearly 28 years, he has held diverse roles across various Ministries, Government
Institutions, and Departments. His journey commenced as a Clerical Officer at the Sugar Industry Labour Welfare Fund and subsequently held the roles of Community Development Officer and Project Manager at the Decentralised Cooperation Programme,
Ministry of Finance and Economic Development.
Mr Reedoy also worked as Programme Coordinator at the Women and Children’s Solidarity Programme under the Prime
Minister’s Office and was entrusted with merging two programmes
into the Special Collaborative Programme for Support to Women and Children in Distress, operating under the Ministry of Gender Equality, Child Development, and Family Welfare. As a consultant, he currently lends his expertise to various SMEs and
NGOs to drive their development and sustainability through training, mentoring and coaching initiatives.
Mr Sarvesh SEETEEJORY
Master’s in Business Administration (MBA) specialization Marketing
Post Graduate Certificate in Education (PGCE Business)
BSc (Hons) Marketing Management
Sarvesh Seeteejory’s journey began as an Assistant Floor Manager at Discount Hyper Limited and over time, he moved into the role of Marketing Executive at Kids Skills Ltd. Since 2012, he has been a Business Studies Educator at Bhujoharry College Rose
Belle. His passion lies in imparting knowledge and guiding students to become responsible and engaged citizens of Mauritius.
Mr Seeteejory has also worked as Part-Time Lecturer in Marketing at the Open University of Mauritius for 5 years.
Recently, he has moved to Open University as full time Lecturer, in the field of Management. He combines his educational and professional background to make meaningful contributions to both the academic and business spheres.
DTOS Ltd
DTOS is a leading corporate service provider operating in the Mauritian International Financial Centre for the last 30 years. Founded in 1993 and licensed by the Financial Services Commission, DTOS provides a comprehensive range of professional services including corporate and secretarial services, fund administration and accounting services.
DTOS has a substantial and diversified clients’ base that includes Fortune 500 multinationals, private equity firms, global banking institutions, financial powerhouses, institutional investors, family offices and High Net Worth individuals who enjoy a high degree of confidentiality established through Mauritian laws. Headquartered in the Republic of Mauritius with operational offices in the UAE, Kenya, Uganda, Rwanda (coming soon) and representative offices in China, India and France, DTOS is a leading regional expert providing tailor-made solutions to clients in Mauritius and worldwide.