Giving back to society is an investment that never fails

As a responsible business organization, MauBank recognizes the integral role and responsibilities it has towards society. Driven by a strong commitment to improve the wellbeing of the communities in which we operate, the bank has conscientiously carried forward its CSR programme alongside its business activities. For us, this means pursuing financial growth, but not without keeping an eye on social and environmental concerns that require action. The overall aim of MauBank CSR programme is to bring positive change and impact on society as a whole, while maximizing the creation of shared value for the owners of the business, employees, shareholders and stakeholders.

Recognizing the important role NGOs play in the advancement of social initiatives, MauBank has supported projects implemented by them which will collectively contribute towards the Sustainable Development Goals (SDG) Mauritius has committed to achieve.

ASSOCIATION OF DISABILITY SERVICE PROVIDERS

ADSP is a Special Education Needs school for children and young adults with physical impairment and learning difficulties (mild to severe). In 2018 the bank has supported this NGO by purchasing a van which collect the children from their place of residence to school and financed the school fees of all the children for one academic year, including their study materials & hygiene kits. A children’s playground was built and a sensory therapy room was set up.

SOS Children’s Village Mauritius

During the financial year 2019/2020, the bank funded structured healthy living activities of the village to enhance the mental and social well-being of the vulnerable and sheltered children. Activities funded related to cultural diversity and pedagogical outings, the vocational training courses of four youths, and the initiation and training of children on vegetable & fruit cultivation and subsistence farming for food security.

The Trevor Huddleston Association

The Trevor Huddleston Association also known as CareCo in Rodrigues was founded with the collaboration of Craft-Aid Mauritius and is active in the field of education and training of children Living with Disabilities coming from poor families. In 2018 the bank has brought its support to the NGO in meeting its running costs and annual expenses.

With a view to increasing children’s access to enhanced special care from their parents for optimal growth and development, in 2019/2020, the bank financed individual skills-training to parents whose children have hearing and visual impairment.

Global Rainbow Foundation

The Global Rainbow Foundation (GRF) is a charitable trust founded by Prof Armoogum Parsuramen on 11 November 2011 with the ultimate goal of actively contributing to the welfare of People Living with Disabilities and their empowerment. MauBank financed the purchase of a braille embosser to support visually impaired children who have major difficulties in reading. This embosser was meant to equip the centre with the necessary facilities for the production of adapted educational materials and reading books for the blind.

Protection of Animals Welfare Society

PAWS is an NGO looking after animal welfare and aims at improving the lives of animals in Mauritius. In 2018, the bank partnered with the NGO for the extension of its sterilization services to remote areas. Some 200 dogs benefitted under the project.

The Bank renewed its commitment towards PAWS in its endeavor to continue with the sterilization of cats and dogs in 10 other locations across the island.

University of Technology Mauritius

The University of Technology, Mauritius (UTM) offers a range of comprehensive academic programmes at undergraduate and postgraduate levels. The Bank has been in agreement with UTM since 2013 and graduate students, who have been granted a sponsorship from MauBank are offered the opportunity of Traineeship at the Bank over a one-year period. In 2017, for the fifth consecutive year, the bank reiterated its support to provide scholarships to 10 needy students.

Breast Cancer Care

Breast Cancer Care (BCC) provides comfort, care and support to Breast Cancer patients, including free doctor’s consultations and therapies. It also carries out breast cancer prevention initiative through awareness campaigns and screening in the community.

In 2018, the bank financed the purchase of a linear probe to detect early sign of cancer and outreach screening and awareness activities across the island.

Association des Amis de Don Bosco

L’Association des Amis de Don Bosco is an NGO inspired by the pedagogy of Don Bosco which aims at the integral development of the person – body, heart, intelligence and spirit.

For the year 2019 / 2020, MauBank contributed financially to the infrastructural and facilities enhancement of the shelter to provide children residents of the shelter a decent place to live which meets hygiene, safety and security standards, conducive to healthy growth. Forging relationships within an environment of care, dignity and belonging help children to overcome the trauma of previous assault and homelessness.

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Mr RAMPERSAD Ravin
Non-Executive Director

Mr Ravin Rampersad is currently the CEO of SME Mauritius, having spent a major part of his career at senior management positions in the private sector both locally and abroad. He has curated experience in the FMCG sector and has successfully evolved in areas of Operations, Marketing, Logistics and Business development mostly on behalf of multinationals.

Mr Rampersad is also well versed in Strategic development, Business Restructuring and International Business, and as part of the senior Management teams, has been Member of the Board of Directors of several private sector companies.

Ravin Rampersad holds a Master in Business Administration, a Master in Marketing and Innovation, is a Chartered Manager, a Chartered Marketer and a Fellow of the Chartered Management Institute, UK.

Mr CODABUX Javed
Independent Director

Mr Javed Codabux is an Accountant, and is currently working as Accountant and Manager at D & S LINES LTD (Accredited Agent for Jubilee Insurance). Prior that, he has worked in the accounting departments of African Reinsurance Corporation, Lamco International Insurance and Cheribinny Ltd.

Mr Codabux holds an Executive Master in Business Administration {EMBA} with First Class(Hons) from EIILM University, Sikkim, INDIA and completed his Level 2 ACCA qualifications. He also holds a Higher National Diploma in Business Finance, BTEC, EDexcel Level 5 - EDEXCEL UNIVERSITY (U.K) under the programme of Resource Development International(RDI) U.K.

He is a member of the Mauritius Institute of Directors.

Mr. Codabux has served as Board member on ex Mauritius Post and Cooperative Bank from March 2015 to January 2016.

Mr NICOLAS Jean Marie Cyril
Independent Director

Mr. Nicolas holds a Diploma in Marketing Management, South Africa and a Diploma in Human Resource, South Africa. He is a Registered trainer with MQA since 1988 and President of the Indian Ocean Marketing Association. He is also a Director of Effective Coaching Ltd and has recently appointed as Consultant for the JSI Johannesburg School of Investment.

Mr NILAMBER Anoop
Non-Executive Director

Mr. Nilamber is currently the CEO at Mauritius Duty Free Paradise Co Ltd, he has also been an Economic Advisor at the Ministry of Finance and Economic Development. Prior to joining the government, Anoop was a Corporate Finance Banker at HSBC in France and at the Mauritius Commercial Bank. In Paris, Anoop was also a part-time lecturer in Finance at Universite Pantheon Assas (Paris II) where he graduated in Banking and Finance.

Mr GOKHOOL Ashvin Jain
Independent Director

Mr. Gokhool is a Fellow Member of the Association of Chartered Certified Accountants (UK), a Certified Financial Consultant (USA), an Associate Member of the Association of Certified Fraud Examiners (USA), a Member of the Mauritius Institute of Public Accountants (MIPA) and a Founder Member of the Institute of Certified Public Accountants of Rwanda (ICPAR). He is a qualified stockbroker from the Stock Exchange Commission (Australia) and also holds an Auditor’s Licence from the Financial Reporting Council (FRC).

Mr. Gokhool is the Managing Partner at KSi (Mauritius), Public Accountants & Business Advisers and Managing Director of AG Consultants Ltd, Financial and Management Consultants. Both are member firms of Morison KSi (UK). Since 1987, he successively worked for Deloitte (Mauritius), PricewaterhouseCoopers (Mauritius, Paris and London), Mauritius Tourism Promotion Authority, Tourism Authority, Tourism Employees Welfare Fund. He also served as Advisor to the Minister of Agriculture, Food Technology & Natural Resources and the Minister of Tourism and Leisure. He is an Independent Financial Analyst and worked with the Restructuring Working Group of the National Resilience Fund at The State Investment Corporation.

Presently, he acts as the Chairman of the National Transport Corporation Board. He is an independent non-executive Director at the Bank as well as the Chairman of the Audit Committee.

Mr SOOKUN Gooroodeo
Chairman & Independent Director

Mr Gooroodeo (Mahen) Sookun FCCA, MBA, CSK

Mr. Sookun is a fellow of the Association of Chartered Certified Accountants (ACCA) and holds an MBA (Finance) from the University of Leicester (UK). He has served in private and public companies during the last thirty years as a Corporate Finance Executive, in Mauritius and across Africa, in diverse sectors such as Public Utilities, Agriculture, Textile, Real Estate and Mining.

In Mauritius, Mr Sookun has served as a Finance Executive at the Central Electricity Board, FUEL Sugar Estate, Palmar Textiles Ltd, and as Head of Finance of the largest Real Estate Development Company, Anahita Estates Ltd. Currently Mr Sookun is the Executive Director of SB ProConsult Ltd, a Chartered Certified Accountancy Firm, which provides accounting tax and advisory services to a range of local and international clients.

The international career of Mr Sookun started in 1999 as a Finance Executive in Sena Sugar Estates in Mozambique (project developed by a Mauritian Consortium). From 2005 to 2007, he was the Group Finance Manager of Titanium Resources Limited, a company involved in Mineral Resources Development and Mining in Sierra Leone and listed on the AIM market of the London Stock Exchange. From 2008 to 2013, he was also the Director, CFO and Secretary of Diamond Fields International Ltd, a public company listed in Toronto having mining assets across Africa. From 2012 to 2017, Mr Sookun has also served as Director and CFO of an Australian (ASX) listed company involved in Mineral Sands Exploration investments in Africa

Mr MUNGAR Premchand
Chief Executive

Mr Premchand Mungar is a banker with 36 years of experience at managerial and executive levels of commercial, offshore, development banking as well as of financial services.

He has worked with the African Trade and Development Bank (TDB) Group, a multilateral financial institution and the financial arm of the Common Market for Eastern and Southern Africa (COMESA), based in Nairobi, Kenya for 16 years where he was engaged in institutional transformation, corporate strategy and policy formulation, and also formed part of TDB’s executive committees. In 2017, he ended his career at the Group as the General Counsel and Senior Director, but continued as a Senior Adviser to the TDB Group after his return to Mauritius. Prior to that, Mr Mungar was with the SBM and State Bank International in Mauritius.

Since December 2017, he serves as an independent non-executive member of the Board of Directors of the Financial Services Commission Mauritius, where he is also the Chairperson of the Audit and Risk Committee.

Mr Mungar holds a Masters Degree in Finance and Financial Law from the University of London, and an LLB from the University of Mauritius. He is a qualified attorney and has been a member of the Mauritius Law Society since 1995.

He has been credited with several commendations and was awarded the 2016 President’s Excellence Award in recognition of his outstanding contributions to the affairs of the TDB Group.

Mr SOKAPPADU Ramanaidoo
Non Executive Director

Mr Ramanaidoo Sokappadu, currently Acting Director, Economy and Finance at the Ministry of Finance, Economic Planning and Development, has been working in the civil service for nearly 37 years. He holds a Bachelor of Arts in Economics, Mathematics and Statistics.

He has in the past worked as short term consultant for the Commonwealth Secretariat and the World Bank. He has been a Board director on several parastatal bodies and companies. In addition, he has represented Mauritius in several international conferences and meetings, both locally and abroad.

Giving back to society is an investment that never fails

ASSOCIATION OF DISABILITY SERVICE PROVIDERS

SOS Children’s Village Mauritius

The Trevor Huddleston Association

Global Rainbow Foundation

Protection of Animals Welfare Society

University of Technology Mauritius

Breast Cancer Care

Association des Amis de Don Bosco

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Mr RAMPERSAD Ravin
Non-Executive Director

Mr CODABUX Javed
Independent Director

Mr NICOLAS Jean Marie Cyril
Independent Director

Mr NILAMBER Anoop
Non-Executive Director

Mr GOKHOOL Ashvin Jain
Independent Director

Mr SOOKUN Gooroodeo
Chairman & Independent Director

Mr MUNGAR Premchand
Chief Executive

Mr SOKAPPADU Ramanaidoo
Non Executive Director

Giving back to society is an investment that never fails

ASSOCIATION OF DISABILITY SERVICE PROVIDERS

SOS Children’s Village Mauritius

The Trevor Huddleston Association

Global Rainbow Foundation

Protection of Animals Welfare Society

University of Technology Mauritius

Breast Cancer Care

Association des Amis de Don Bosco

Continue Discovering

Current Account

Terms Deposits

Mr RAMPERSAD RavinNon-Executive Director

Mr CODABUX Javed Independent Director

Mr NICOLAS Jean Marie Cyril Independent Director

Mr NILAMBER AnoopNon-Executive Director

Mr GOKHOOL Ashvin Jain Independent Director

Mr SOOKUN GooroodeoChairman & Independent Director

Mr MUNGAR PremchandChief Executive

Mr SOKAPPADU RamanaidooNon Executive Director

Mr RAMPERSAD Ravin
Non-Executive Director

Mr CODABUX Javed
Independent Director

Mr NICOLAS Jean Marie Cyril
Independent Director

Mr NILAMBER Anoop
Non-Executive Director

Mr GOKHOOL Ashvin Jain
Independent Director

Mr SOOKUN Gooroodeo
Chairman & Independent Director

Mr MUNGAR Premchand
Chief Executive

Mr SOKAPPADU Ramanaidoo
Non Executive Director