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 Chart

The Board has reviewed and approved the Board Charter, the Organisational Structure, the Job positions and the Statement of Main Accountabilities of the Company. These documents are monitored regularly and are updated in a timely manner further to any changes in laws, requirements from regulatory bodies or decisions taken by the Board.

The Code of Ethics of MCB Group Ltd, which has been adopted by all the subsidiaries within the group, is monitored and updated by the Remuneration, Corporate Governance and Ethics Committee of MCB Group Ltd on a regular basis.

• icon Statement of Main Accountabilities PDF 42 KB

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.

• icon Constitution PDF 7322 KB

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.

• icon Board Charter PDF 491 KB

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.

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

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.

• icon Position Statements PDF 812 KB

Internal Audit function

• icon Internal Audit Function PDF 587 KB

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.

• icon Code of Ethics PDF 1017 KB
• icon Information Security Policy PDF 504 KB
• icon Conflict of Interest and Related Party Transactions PDF 549 KB
• icon Whistle Blowing Policy PDF 126 KB

Annual Reports

• icon Annual Report 2023 PDF 7213 KB
• icon Annual Report 2022 PDF 19107 KB
• icon Annual Report 2021 PDF 980 KB
• icon Annual Report 2020 PDF 7396 KB
• icon Annual Report 2019 PDF 7966 KB
• icon Annual Report 2018 PDF 7383 KB
• icon Annual Report 2017 PDF 4773 KB

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: [email protected]