STATE INVESTMENT CORPORATION LIMITED - Key Persons


Mr. Cader JAUNBOCUS

Job Titles:
  • Director
  • Fellow of the Association of Chartered Certified Accountants
  • Managing Director of the Tailored Financial Solutions Ltd a Company
Mr. C Jaunbocus is a Fellow of the Association of Chartered Certified Accountants and holds a Master in Business Administration from University of Birmingham. He has extensive experience in the field of Finance, with lead experience in Personal Financial Planning, Investments, Insurance, Management, Analysis and Reporting. He is registered with the UK Chartered Insurance Institute (CII) as a ‘Chartered Insurer'. Mr. Jaunbocus is currently the Managing Director of the Tailored Financial Solutions Ltd a company providing services in the field of Accountancy, Tax and Advisory. Mr. Jaunbocus possesses strong entrepreneurial skill as well as good business acumen, valued communicator, dedicated to meeting goals and exceeding expectations.

Mr. Chandrek Dussoye

Job Titles:
  • Senior Investment Executive
Mr. N 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 been involved in the implementation of several live projects in a fast-paced investment environment and gathered experience across several economic sectors. He is also a Director of some companies within the SIC Group.

Mr. Christophe Brette

Job Titles:
  • Chief Operations Officer, Prime Partners Ltd, Company Secretary
Christophe Brette is the Chief Operations Officer of Prime Partners Ltd. He holds a BSc (Hons) in Economics from the University of Mauritius. He is a Fellow Member of the Institute of Chartered Secretaries and Administrators, UK. He also holds a LLB (Hons) and LLM from the University of London. He has over 20 years' experience in Corporate Services to the SIC Group and Government-owned companies.

Mr. Ganeshanlall Cheeneebash - CFO

Job Titles:
  • Chief Finance Officer
Mr Ganeshanlall Cheeneebash FCCA ACIS MBA is an experienced Accounting and Audit professional who qualified and worked in the UK before coming to Mauritius to join the External Audit Department of Deloitte Mauritius. He has also worked at a number of para-statal bodies including DBM Ltd, Airport of Mauritius Ltd and MauBank Ltd.

Mr. Ishwarlall Bonomaully

Job Titles:
  • Director
  • Acting Deputy Financial Secretary
Mr. Ishwarlall Bonomaully is Acting Deputy Financial Secretary at the Ministry of Finance, Economic Planning and Development since May 2023. Prior to that, he held various positions at the Ministry of Finance, Economic Planning and Development for more than 35 years. He is an FCCA and holds an MSC in Finance from the University of Mauritius. Mr. Bonomaully has wide experience in project appraisal and selection, development of the Public Sector Investment Programme, follow up and monitoring of the implementation of projects, and development of procurement policies, including BOT/PPP projects. He is also experienced in the industrial and SME sector, being closely associated with the operation and management of the National Resilience Fund (NRF) since its creation in 2012 and became its chairman in July 2020. He is also serving as Director on the Boards of the Development Bank of Mauritius Ltd, SICOM Financial Services Ltd, the Industrial Finance Corporation of Mauritius Ltd, the State Trading Corporation, the National Housing Development Co Ltd and the New Social Living Development Ltd.

Mr. Jairaj SONOO - Chairman

Job Titles:
  • Chairman
Mr. Jairaj Sonoo C.S.K is the Chairman of The State Investment Corporation Limited (SIC), the Investment Arm of Government and holds directorship on various investee companies of SIC, such as SICOM and Mauritius Duty Free Paradise Co Ltd. He is also Chairman of the Investment Support Programme OSP) Limited which is involved in the Government action to support economic operators through various schemes implemented under budgetary measures. Mr. Sonoo has spent four decades in the banking industry, at both local and international level, including 38 years at State Bank of Mauritius Ltd, in various positions. He served as the Chief Executive Officer at SBM Bank (Mauritius) Ltd from September 2012 to August 2016 and Acting Group Chief Executive at SBM Holdings Ltd from November 2014 to September 2015. He occupied the post of Chief Executive Overseas Expansion of SBM Holdings Ltd from August 2016 to September 2017. During his tenure of office at SBM Group, he was responsible for overseeing the development and execution of the Bank's international strategy through both organic growth and M&A. He also led the acquisition of a Kenyan Bank which marked the milestone for the Group's entry into East Africa. Mr. Sonoo holds a master's in business administration (MBA) from University of Surrey.

Mr. K Naghee REDDY

Job Titles:
  • Director
  • Principal Accountant at the Ministry of Finance
Mr. K Naghee REDDY has worked as Principal Accountant at the Ministry of Finance. He has studied law and on completion of his Bar Vocation Course, joined the Attorney General's office as State Counsel. He is currently Principal State Counsel and in that capacity is advising ministries, conducting litigation before the Courts, handling tax cases before the ARC and the Supreme Court. His formal qualifications include an MBA, LLB and LLM (international tax and insurance law) & FCCA.

Mr. Mohummad Shamad AYOOB SAAB

Job Titles:
  • Director
Mr. Mohummad Shamad AYOOB SAAB holds a Diploma in Public Administration with specialisation in Public Management and a Master in Business Administration. He joined the Public Service in 1984 and has since then climbed up the ladder to the post of Permanent Secretary. He has served in various ministries and is at present posted to the Ministry of Finance, Economic Planning and Development. Mr. AYOOB SAAB has served several boards namely NPF, NHDC, NPFL, FSC and NCCG. He is presently Director and Chairperson of the Corporate Governance Committee and Risk Management Committee of The State Investment Corporation Ltd and Mauritius Housing Company Ltd, respectively.

Mr. N Dussoye

Mr. N 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 been involved in the implementation of several live projects in a fast-paced investment environment and gathered experience across several economic sectors. He is also a Director of some companies within the SIC Group.

Mr. Premode NEERUNJUN

Job Titles:
  • Director
Mr. Neerunjun holds the post of Permanent Secretary at the Prime Minister's Office and has over thirty years of experience in the public sector. In addition, he has also been called upon to serve as Board Director in statutory bodies on a part time basis. He holds a Graduate Diploma in Business from Curtin University (Western Australia) and a BSc in Economics & Management from University of London. He also holds a Masters Degree in Public Policy and Administration from the University of Mauritius.

Mr. Vedprakash Auckaloo

Job Titles:
  • Executive Director of Capital Asset Management Ltd
  • Executive Director, Capital Asset Management Ltd, Investment Advisory
Mr. Vedprakash Auckaloo is the Executive Director of Capital Asset Management Ltd. He holds an M.Sc. in Financial Management, a B.Sc. (Hons) in Economics, an LLB (Hons) and a Postgraduate Diploma in Digital Business. He has more than 22 years of experience in the financial services sector and had previously worked in the Government service and in the banking sector.

Mrs. Anista Ramphul Punchoo

Job Titles:
  • Senior Investment Executive
Mrs. Anista Ramphul Punchoo, the Senior Investment Executive is presently the Head of Property Cluster at The State Investment Corporation Ltd (SIC). She has 25 years of service where she has been involved in the Investment and Portfolio of the Corporation. Mrs. Punchoo holds a Bachelor degree in Economics Banking and Finance from The University of Cardiff Wales UK. She has a wide range experience in the Banking and Financial sector as well as in Portfolio Management. Being the Senior Investment Executive of the SIC, she sits on various invested Companies as Board Member. In addition, Mrs. Punchoo has also been involved in some projects such as SIC's start up projects for the SME's.

Mrs. Gayetree BROJMOHAN

Job Titles:
  • Director