MCB Investment Holding Ltd

About MCB Investment Holding Ltd

MCB Investment Holding Ltd (MCBIH), a wholly owned subsidiary of MCB Group Ltd, is the holding company of all the banking investments of the Group, namely:
  • The subsidiary companies comprising of: The Mauritius Commercial Bank Ltd, The Mauritius Commercial Bank (Seychelles) Ltd, The Mauritius Commercial Bank (Madagascar) S.A, The Mauritius Commercial Bank (Maldives) Private Ltd, and 

  • The 2 associates: Société Générale Moçambique S.A and Banque Française Commerciale Océan Indien


View Organizational StructurePDF 314.15KB

Governance Framework

MCBIH is committed to the highest standard of business integrity, transparency and professionalism in all its activities to ensure that the activities of the Company and of its subsidiaries are managed ethically and responsibly to enhance business value for all stakeholders. As an essential part of this commitment, the Board endeavours to comply with all material provisions of the Code of Corporate Governance for Mauritius.

The Board is responsible for setting out the strategic directions of the Company and its subsidiaries, oversees their execution and establishes the procedures and practices for effective capital management and internal controls alongside ensuring adherence of the Company and its subsidiaries to relevant legislations and policies.

Corporate governance matters are taken up at the level of the Board which ensures that principles adopted adhere to those of MCB Group Ltd, the ultimate holding Company. Furthermore, the Board Charter provides for an appropriate reporting mechanism whereby matters affecting the affairs and reputation of the Company and its subsidiaries are escalated as appropriate to the Board.


MCBIH ConstitutionPDF 7.15MB

Board Charter

In accordance with the Board Charter of MCBIH, the objective of the Board is to define the Company’s purpose, strategy and value and to determine all matters relating to the directions, policies, practices, management and operations of the Company.


Board CharterPDF 520.72KB

Directorate

The Board consists of 3 members: 1 executive and 2 non-executive directors.


The executive and non-executive directors of MCBIH are set out below. Biographical details are available by clicking on the relevant name.


Executive DirectorNon-Executive Directors

MCB Group Corporate Services Ltd acts as Secretary to the Board.


Biographies of its representativesPDF 17.32KB

Director nomination and appointment process

The responsibility of selecting new directors forms part of the responsibility of the Remuneration, Corporate Governance and Ethics Committee of MCB Group Ltd.



Appointment process of non-executive directorsPDF 593.8KB

Terms and conditions of the appointment of non-executive directorsPDF 650.27KB

Role and responsibilities of Chairperson, Chief Executive and Company Secretary

The Position Statements, which have been approved by the Board, provide for a clear definition of the roles and responsibilities of the Chairperson, the Chief Executive as well as the Company Secretary.


Position statementsPDF 820.71KB

Internal Audit function


Internal Audit FunctionPDF

Code and Rules

The Board has the duty of ensuring that the Company complies with all the relevant laws, regulations and codes of business practice. View code and policies which have been approved by the Board.


Code of EthicsPDF 110.79KB

Whistle Blowing PolicyPDF 103.06KB

Conflict of Interest and Related Party TransactionsPDF 100.79KB

Information Security PolicyPDF 98.68KB


MCB Investment Holding Limited
14th Floor, MCB Head Office, Sir William Newton Street, Port Louis, Mauritius | BRN: C13119385
T: +230 202 5000 | F: +230 208 0248 | E: contact@mcbih.mu