Absa Bank (Mauritius) Limited, formerly known as Barclays Bank Mauritius Limited, is a prominent commercial bank in Mauritius.
It is a subsidiary of Absa Group Limited, a major financial services conglomerate headquartered in South Africa.
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Absa Bank Mauritius offers a comprehensive range of financial services which this page will tackle along with other pertinent information regarding the company.
What is Absa Bank Mauritius?
Absa offers loans, checking and savings accounts, mortgages, debit and credit cards, wealth management, and investment services, catering to corporate clients, high-net-worth individuals, retail customers, and small and medium enterprises.
The bank’s origins date back to 1919 when the National Bank of South Africa established a branch in Mauritius.
Following a series of mergers, it became part of Barclays Bank (Dominion, Colonial and Overseas) in 1925.
In 2013, the bank was locally incorporated as Barclays Bank Mauritius Limited.
Subsequent to Barclays Plc’s decision to reduce its shareholding in Barclays Africa Group, the bank rebranded to Absa Bank (Mauritius) Limited on 10 February 2020.
What does Absa Bank Mauritius do?
- Personal Banking Solutions: Comprehensive financial services tailored to individuals, including accessible options for managing daily finances, saving, and investing.
- Current Accounts: Flexible accounts for day-to-day banking needs, offering features like debit cards, overdraft facilities, and online banking.
- Savings Accounts: Secure accounts designed to help individuals grow their savings through competitive interest rates and various savings plans.
- SME and Business Banking: Specialized services and solutions for small and medium-sized enterprises, including loans, payment processing, and cash flow management.
- Corporate and Investment Banking: Advanced financial services for large corporations, including mergers, acquisitions, capital raising, and market advisory.
- Wealth Banking: Exclusive financial services for high-net-worth individuals, offering tailored wealth management, investment advice, and private banking.
- Digital Banking: Convenient and secure online and mobile banking platforms that provide 24/7 access to account management, transfers, bill payments, and more.
Absa Bank Mauritius Leadership
- Ravin Dajee (Managing Director): Serving since 2007, Dajee has led Absa Mauritius to a prominent position in the local banking sector. With a background in finance and strategy, he is an alumnus of Oxford, Leicester, and Harvard.
- Franco Davis (Chief Enablement Officer and Finance Director): With 32 years at Absa, Davis oversees finance and operational enablement. He has extensive international experience, including roles in Seychelles and Mozambique.
- Ajay Beegun (Chief Operating Officer): Beegun has managed IT and operations since 2008, driving transformation initiatives and supporting regional operations in Seychelles and Mozambique.
- Vishal Joyram (Head of Global Markets): Joyram oversees global markets and brings international experience from PwC and other financial institutions, specializing in corporate finance and wealth management.
- Marie-Christine Liu (Head of Retail and SME Banking): Liu has over 30 years in banking, focusing on retail and SME services since joining in 2014.
- Mark Fink (Chief Risk Officer): Fink has over 30 years of banking risk management experience, previously holding senior positions in Barclays Africa and Ghana.
- Ravi Nundhoosing (Head of Finance): With 20 years at Absa, Nundhoosing manages finance operations, combining technical expertise with strategic leadership.
- Aslam Taher (Head of Wholesale Banking): Taher specializes in corporate and investment banking, with experience across business development, planning, and portfolio management.
- Ashraf Burokur (Head of Strategy, Business Intelligence, and Transformation): Burokur focuses on strategic advisory and transformation, supported by his strong business acumen and extensive experience in multiple industries.
Absa Bank Mauritius Contact Information
Absa Bank (Mauritius) Limited Head Office
- Address: Absa House, 68 Wall Street, Cybercity, Ebene 72201, Mauritius
Service Centre:
- +230 402 1000 (24/7)
- [email protected]
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