FTG Holdings Ltd, a Mauritius-based company listed on the Nairobi Securities Exchange, has announced a series of leadership updates, effective August 30, 2024. The changes include a transition in the Company Secretary role and the addition of new members to its Board of Directors, reflecting the company’s commitment to enhancing governance and operational efficiency.
The Company Secretaryship will transition from JurisTax Ltd to St Lawrence Management Limited. Consequently, the company’s registered address will change from Ebene House in Cybercity to a new location at C&R Court in Port Louis, Mauritius. Group CEO Heril Colbert Bangera emphasized the importance of this shift, stating, “These changes reflect our commitment to strengthening governance and operational efficiency as we pursue sustainable growth and value creation.”
FTG Holdings also announced the retirement of long-serving directors, Subramanien Gilles Pierre Kichenin and Imalambaal Kichenin, who were commended for their invaluable contributions. Replacing them on the Board are Mr. Deven Aurooocatee and Mr. Bachun (Bob) Bishwarnath.
Deven Aurooocatee brings over 15 years of experience in financial services, compliance, and corporate governance, including his recent tenure as a manager at St Lawrence Management Limited. He holds an MBA with a specialization in Financial Services. “Mr. Aurooocatee’s expertise in regulatory compliance and trust management will significantly enhance our governance framework,” the company noted.
Meanwhile, Bob Bishwarnath, a Chartered Accountant with 38 years of experience, will leverage his background in banking and corporate governance. He also serves as a non-executive director on several boards internationally.
FTG Holdings reaffirmed its gratitude to the outgoing directors and expressed confidence in the strategic insights and leadership of the new appointees. For additional information, stakeholders are encouraged to contact Group CFO Beatriz Meijide or Authorized Representative Rina Hicks.
