Internet Banking
Click icon again to close

Corporate Governance

Board of Directors

Setting AfrAsia’s Direction

AfrAsia Bank’s Board is responsible for signing off on the Bank’s strategy, ensuring its governance standards are upheld, while monitoring and assessing the Bank’s operations. The board is composed of:

  • OLIVIER EMMANUEL JAUFFRET
    OLIVIER EMMANUEL JAUFFRET
    Chairperson and Independent Non-Executive Director

    Former member of the Paris Bar

    Master of Laws (Ll.M Degree) in International Business Law
    University College London

    Diploma of Advanced Legal Studies (Dess/Djce/Magistere) in Business Law
    Aix-En-Provence University

    Master in Law
    Aix-En-Provence University

    Olivier graduated in 1991 from the Law University of Aix-en-Provence and subsequently from London University. He holds a DESS and Magistère in business law, tax law and accounting and a postgraduate law degree (LL.M) from University College London. He was admitted to the Paris Bar in 1994.

    Olivier spent his entire professional life as a lawyer (avocat) in the Paris office of two world leading international (UK and US) law firms, Linklaters and Weil Gotshal Manges, 22 years of which as a partner of each Firm successively. He has over 30 years’ experience as a fully versatile banking lawyer advising creditors and debtors (banks, funds and corporate) across the whole spectrum of products on the bank debt markets with in-depth knowledge of all financing and regulatory features. He was the head of the Paris banking practice at both Firms with a focus on clients and transactions with an international footprint and was widely recognized as one of the few leading banking lawyers of his generation.

  • ALASTAIR JAMES BRYCE
    ALASTAIR JAMES BRYCE
    Independent Non-Executive Director & Chairperson of the Risk Committee

    BCom (with Honours)

    University of Edinburgh, Scotland

    Associate: London Institute of Banking & Finance

    Associate: Hong Kong Institute of Bankers

     

    Alastair is an international banker with over 40 years of experience in the financial services sector.

     

    He has worked in 9 countries in both emerging and developed markets and has successfully undertaken a wide range of roles across the industry. These have included senior positions in global markets, corporate and investment banking and risk management.

     

    He is a former director of HSBC Bank (Mauritius) Ltd and was Chief Executive Officer of HSBC’s operations in Mauritius from 2013 to 2016. During that time, he also served as Chairman of the Mauritius Bankers Association.

     

    Alastair is currently a member of the Board of Advisors at Deheza Ltd, a London-based corporate intelligence provider specialising in Latin America, and Senior Advisor to the Chairman of Winds Enterprises Ltd, a global manufacturing and investment company. He is also a Trustee of UK-registered charities involved in child poverty relief and historic building conservation.

     

  • JAN FREDRIK LOUIS GAËTAN BOULLÉ
    JAN FREDRIK LOUIS GAËTAN BOULLÉ
    Non-Executive Director

    Ingénieur Statisticien Economiste (ISE)
    France
    Post graduate studies in Economics
    Université Laval, Canada

     

    Jan has begun his career in 1982 as “Chargé de Compte de Branches”, Comptabilité Nationale at the “Ministère du Plan”, Abidjan, Republic of Ivory Coast, a post he occupied for one year. He has been working for the Constance Group from 1984 to 2016 and occupied various executive positions and directorships. His latest position being Group Head of Projects and Development.

    Jan has been appointed as the Non-Executive Chairman of IBL Ltd on the 1st July 2016 and is also a member of the Board of Directors of several of IBL Group’s major companies.

  • LAURENT DE LA HOGUE
    LAURENT DE LA HOGUE
    Non-Executive Director

    Masters in Management and Finance

    Ecole Supérieure De Gestion et Finance, Paris

     

    Laurent is currently the Head of Financial Services of IBL Ltd. He is a finance professional with over 20 years experience in the financial services sector. He started his career with an international bank before joining GML Management Ltée in 2001 as Treasurer where he was involved in the setting up of the group central treasury management unit. He occupied various positions at executive levels and has been involved in development of projects including capital raising, mergers and acquisitions and company restructuring.

     

    He also serves as Director on a number of organisations operating in the industrial, commercial, financial (regulated entities), investment and tourism sectors.

  • DORIANE DENISE-RAMA
    DORIANE DENISE-RAMA
    Independent Non-Executive Director & Chairperson of the Remuneration Committee

    Member

    MIoD

     

    MBA with Specialisation in Strategy with Distinction

    Edinburgh Business School, Heriot-Watt University, UK

    MBA with Distinction

    Edinburgh Business School, Heriot-Watt University, UK

    Bachelor of Business Administration with Distinction

    University of South Africa, South Africa

     

    Leveraging 22 years of working experience, Doriane’s fields of expertise span banking, strategic planning, business operations, relationship management and human resources. Doriane worked at the MCB Ltd and held positions in the Strategy, Research and Development, Business Banking and Human Resources functions during her sixteen-year stint therein. Her latest position has been to spearhead the Human Resources strategies of ENL group, one of the largest conglomerates in Mauritius.

     

    During her career, she has had the opportunity to work on short-term assignments in the Seychelles, Madagascar, Kenya and Rwanda, which have led her to look at the world of work from the prisms of multiple cultures. Her passion is the growth of people and the realisation of their dreams, epitomised by her past roles as Bank Relationship Manager for SMEs alongside being a part-time tutor to MBA students.

     

    Groomed into an HR professional and coach, Doriane puts her experience and energy in contributing to healthy and prosperous organisations by offering consultancy and coaching services to grow their people.

     

    Doriane is also a member of the MIoD and an active member of its Women Directors Forum, aiming at increasing the representation of women in C-suite and Board positions in Mauritius.

  • BORIS FAUCHER
    BORIS FAUCHER
    Non-Executive Director

    CFA charterholder

    CFA Institute

    Bachelor of Business Administration, Major in Finance

    HEC, Montreal, Canada

     

    Boris graduated from the École des Hautes Études Commerciales in Montreal, Canada and is a CFA charterholder. He is a finance professional with 20 years of experience in corporate finance with a focus in merger and acquisitions and 12 years in the banking industry, in both developed and emerging markets.

     

    Boris joined National Bank of Canada in 2011 in the Strategy and Corporate Development team where he worked on various bank acquisition projects and strategic planning mandates. Starting in 2015, he participated in the elaboration of the international investment strategy, playing a key role in acquiring and overseeing minority and majority equity investments in various financial institutions in Asia and Africa.

  • JENNIFER JEAN-LOUIS
    JENNIFER JEAN-LOUIS
    Chief Financial Officer and Executive Director

    Fellow Member
    Institute of Chartered Accountants in England and Wales
    Chartered Tax Advisor

    A Chartered Accountant with 20 years plus of experience, having practised locally and internationally in auditing, taxation and advisory, Jennifer returned to Mauritius in 2007 and joined AfrAsia Bank at its very inception stage to build the foundation of the financial framework and structure of the Bank. Apart from the responsibilities of overseeing the accounting team and in charge of the financial affairs of the Bank, Jennifer has participated in numerous strategic initiatives, including capital raising, mergers and acquisitions (M&A) and International Financial Reporting Standards (IFRS) transitions.

  • ASLAM KANOWAH
    ASLAM KANOWAH
    Non-Executive Director

    Fellow of the Association of Chartered Certified Accountants (FCCA)
    Association of Chartered Certified Accountants
    MBA International Banking and Finance
    Washington International University, USA
    Certified Islamic Finance Expert (CIFE)
    Academy for International Modern Studies, UK

     

    Aslam is a finance professional, banker and accountant with 32 years in the financial services sector and over 18 years in the domestic and offshore banking industry.


    In addition to banking his leadership role in developing licensed corporate and wealth management companies has given him a strong background in business development, compliance, governance and strategic planning. Over the course of his career he has held key positions in assets management, back office, corporate & fund administration, operations trading and treasury management.


    He started at The Indian Ocean International Bank Ltd and subsequently worked for Bank International Indonesia, Standard Bank and Superfund Assets Management before moving to the Global Business Sector in 2011 and was the CEO of Aurisse International Ltd, COO of Capital Horizons Ltd and is currently the CEO of Intrasia Management (Mauritius) Ltd.


    He has held a portfolio of directorships since 2011 in various entities engaged in advisory, brokerage, consultancy, funds, investment management, mining and trading. He has a track record in teaming up for the start-up of new offices for international and regional companies in Mauritius and a reputation for leading teams towards peak performance.

  • ANAÏCK HÉLÈNE LARABI
    ANAÏCK HÉLÈNE LARABI
    Non-Executive Director

    Former member of the Paris Bar & Reunion Island Bar

     

    Diploma of Advanced Legal Studies (DEA) in Civil Law

    La Sorbonne University (Paris I)

    Diploma of Advanced Legal Studies (DESS) in Business Law

    Paris-Créteil University (Paris XII)

     

    Anaïck graduated from the Law University of la Sorbonne (Paris I) in 1998 and from the Law University of Paris-Créteil (Paris XII) in 2000. She holds a postgraduate law degree (DEA) in civil law (contracts) and a postgraduate degree (DESS) in business law. She was admitted to the Paris Bar in 2001 and to the Reunion Island Bar in 2007.

     

    Anaïck started her career in 2001 as a lawyer in the Paris office of leading international (US) law firm Latham & Watkins. She later worked for German law firm Haarman Hemmelrath. In 2007, she set up her own chambers focused on business law in Reunion Island, where she was born, before moving to Mauritius where she is heading now the legal affairs department of Mauritian conglomerate IBL Ltd since 2018.

     

    With 20 years of experience, Anaïck has advised national and international clients on mergers and acquisitions, private equity and other corporate matters. She has extensive experience of African and Indian Ocean M&A transactions, and is particularly well-versed in all aspects of contract law. She is actively involved in IBL’s “Beyond Borders” strategy.

  • FIORANGELO SALVATORELLI
    FIORANGELO SALVATORELLI
    Independent Non-Executive Director

    D.Phil Engineering Science

    M.A Engineering Science

    University of Oxford/Exeter College, Oxford, England

    MSc Structural Engineering (Coursework)

    Universidad Simon Bolivar, Caracas, Venezuela

    MEng Civil Engineering

    BSc Civil Engineering

    Universidad Catolica Andres Bello, Caracas, Venezuela

     

    Fiorangelo Salvatorelli is CIO and Portfolio Manager of the ALANTRA Global Technology Fund. He is a Partner at Fusion Global Capital Ltd and Hermes Growth Partners Ltd. Fiorangelo was Partner and Head of Research at Lansdowne Partners.

     

    Fiorangelo has also held Senior Portfolio Management and Research roles at Newton Investment Management (now part of BNY Mellon), Fidelity International and CCLA Investment Management.

     

    Fiorangelo serves on the advisory board of FPE Capital (formerly Flemings Family & Partners Private Equity).

     

    Fiorangelo was a former consultant with McKinsey & Co. in Milan and London and a University Lecturer at the University of Oxford Department of Engineering Science and INSEAD Business School (Fontainebleau).

  • CHRISTIAN ST-ARNAUD
    CHRISTIAN ST-ARNAUD
    Non-Executive Director

    Management Executive Development Program
    C.I.R.E.M., Montreal, Canada
    Bachelor of Business Administration, Major in Finance
    HEC, Montreal, Canada

     

    Christian graduated from the École des Hautes Études Commerciales in Montréal, Canada. Between 1983 and 2009, he occupied different positions in international and Canadian financial institutions in Canada, with a focus on credit capital market.


    He joined National Bank of Canada in 2009 as Vice-President – Credit Capital Markets and Real Estate and was appointed Senior Vice-President – Credit in 2012 (2012-2020); overseeing all retail, commercial, and financial market credit activities of the Bank, including adjudication, portfolio management, and credit model development. He was also a member of numerous senior Committees of the Bank, including the Global Risk Committee, the Risk Management Committee and the Model Oversight Committee.

  • THIERRY VALLET
    THIERRY VALLET
    Chief Executive Officer and Executive Director

    Master of Business Administration - International Finance
    HEC School of Management, Paris

    Date joined AfrAsia: 20-Aug-07

    Engineer by trade, Thierry Vallet transitioned into the realm of banking following his MBA in International Finance at HEC Paris. With a career of over 20 years’ experience in the banking and finance industry, Thierry’s expertise spans across strategic management and business development, embracing corporate & investment banking as well as private banking and wealth management. Thierry joined AfrAsia Bank as Founder Executive and Head of Strategic Development in 2007, playing a pivotal role in shaping the Bank from its inception. Leveraging on international roadshows, Thierry has actively promoted the Mauritius International Financial Centre to position the Island as one of repute and substance. Under his leadership, AfrAsia Bank has earned numerous accolades and honours, including the recent recognition as Bank of the Year 2023 – Mauritius awarded by Financial Times’ The Banker. Beyond his professional pursuits, Thierry’s passion for golf has led him to play a key role in launching the AfrAsia Bank Mauritius Open since its inaugural year in 2015, showcasing Mauritius Worldwide as a major golfing destination and vibrant international business hub.  

  • KAMARAJ ANANDA (KRISHAN) VUDDAMALAY
    KAMARAJ ANANDA (KRISHAN) VUDDAMALAY
    Independent Non-Executive Director

    Master2 Degree in Project Management in New Information and Communication Technologies

    Institut d’Administration des Entreprise Nantes – France

    Georgia State University

    Master Degree in Management

    Institut d’Administration des Entreprise Nantes – France

    Degree in IT

    Institut Universitaire Technologique Nantes – France

     

    Currently living in France, Krishan is an expert in banking information systems, with over 15 years of experience managing complex technological projects for international financial institutions. He has led strategic initiatives in areas such as core banking systems transformation, risk management, banking compliance, and operational alignment.

     

    Since 4 years, he is a Consultant for a major European Banking Group, enhancing his expertise in IT project management and change management, while having a deep understanding of both regional and international regulatory frameworks.

     

    Having worked with BNP Paribas, BCP Bank (Mauritius), and BPCE International, Krishan has gained extensive knowledge of local Mauritian regulations and European standards, with a strong focus in risk management and banking compliance.

  • JOAN JILL WAN BOK NALE
    JOAN JILL WAN BOK NALE
    Independent Non-Executive Director & Chairperson of the Audit Committee

    Member

    MIoD

     

    Fellow Chartered Accountant (“FCA”)

    Institute of Chartered Accountants in England & Wales

    BSc (Hons) in Accounting and Finance

    The London School of Economics and Political Science, UK

                                                                                                                                                                                                                                                                                                                                                                                              

    Jill is a finance professional with over 15 years of local and regional experience in Transaction Advisory and Assurance services provided across a diverse client portfolio spanning Hospitality, Financial Services, Real Estate, Gaming, Building Materials, Construction, or F&B/Leisure.

     

    She last held the position of Associate Director (Deals) at PwC where she advised both private and public clients on multiple and varied assignments including Valuations, Due Diligence/Feasibility Studies, Financial/Corporate restructuring, IPO and SEM/DEM Transaction Advisory, M&A advisory, Strategy and Business planning, and Deal closing.

     

    Prior to joining PwC, Jill worked at International Financial Services Ltd (now Sanne Mauritius), a leading local offshore management company, overseeing a portfolio of over 100 clients including mutual funds and private equity funds, and serving as Director on a number of investment funds/GBCs. She started her career at Ernst & Young, spending 6 years in the Assurance department being involved on and leading the audits of listed and non-listed financial institutions mainly including banks, NBFI’s and Insurance companies, whilst concurrently being in charge of the IFRS technical desk.

  • ANDY IVAN CHAN SOON SEN
    ANDY IVAN CHAN SOON SEN
    Company Secretary

    Member

    MIoD

     

    Fellow Member

    Chartered Governance Institute of UK & Ireland (“CGI’’)

     

    MBA with Specialisation in Financial Services

    Open University of Mauritius

     

    BA (Hons) Law and Management

    University of Mauritius

     

    Andy currently holds the post of Company Secretary of AfrAsia Bank Limited and its subsidiary. He is a Chartered Governance Professional with more than 12 years of experience in corporate governance matters and company secretarial practice.

     

    Prior to joining AfrAsia Bank in 2022, he was responsible of the Corporate Affairs cluster of the main subsidiary of a leading global multinational operating in the pharmaceutical industry. Andy also worked for various companies offering outsourced corporate and secretarial services to a diverse range of companies in various sectors. He started his career with a local conglomerate. Alongside his role as Secretary to the Board, Andy also acts as Secretary to all the Committees of the Board.

  • Teamwork
    Teamwork
  • Customer Experience
    Customer Experience
  • Innovation
    Innovation
  • Sustainability
    Sustainability