Mauritius: Investing in potential
Mauritius: Investing in potential
Built on the back of a successful relationship between foreign capital and local business, Mauritius has established itself as a prime location for companies wishing to harness the investment opportunities of the Asian and African markets. Critical to this success is the abundance of young professional talent on the island.
As our operations in Mauritius continue to burgeon and we keep growing as an international financial services provider, we have invested heavily in employment on the island, with the number of employees in our Mauritius office rising 30% in just 15 months.
Dedicated to the development of young professionals in Mauritius, we are the leading advocate of an innovative work and placement scheme that aims to give young graduates with no previous job experience a chance to learn and develop. On the scheme, graduates will follow an intensive one year specialisation course in Alternative Investments from the University of Manchester. Due to start soon, the course is supported by the Human Resource Development Council of Mauritius and Global Finance Mauritius.
Commenting on Ocorian's part in the initiative, Regional CEO Richard Arlove commented: “We are very supportive of this initiative that not only brings increased opportunities to our talented youth but also supports the jurisdiction with the specialised skills that we need to scale up our competitiveness. This initiative also complements a long-standing practice at Ocorian AMEA to financially support our young staff wishing to pursue their professional qualifications”.
Ravi Cunnoosamy, Managing Director of Ocorian Global Operations also added: “Mauritius has one of the highest ratio of accountants in the world and with exceptional skillsets and agility. Every day our professional staff adds value for our clients globally by ensuring we are delivering quality and timely deliverables. Our people are exposed to a variety of systems and requirements, which make them a powerful resource for the Group to deploy in any of our worldwide offices. We are encouraging the mobility of our staff to further enhance their potential as well as bringing client solutions to our various overseas locations”.
Internal secondments are also an important element of our global business, giving employees the opportunity to develop their skills and grow their business understanding in a different jurisdiction. Back recently from a secondment in Luxembourg, ACCA qualified Nashhad G. said: “It was an absolutely enjoyable experience working in another environment. Though I had already worked with different systems, I had to adapt to the local context, learn fast and open up to a new culture. It was also a challenge scaling up my communication skills. In all, it was a very enriching experience indeed!”
As part of our continued drive to expand our Mauritius operations, we have also recently opened our new office space, Tower B of 1 CyberCity in Ebene, Mauritius. Commenting on the office inauguration, Group Head of Operations, Anna Malorey said: “It’s been a fantastic journey getting this project off the ground. Our investment in the growth and well-being of our team in Mauritius is critical to the success of the whole Ocorian family and our clients. For instance, through the services delivered by our Global Operations team in Mauritius, we are supporting five Ocorian jurisdictions in providing accounting and administration services of the highest standard to their clients”.
With over 300 local 'feet on the ground' in Mauritius, our flexible and commercial service provides an exciting platform for our clients to invest into the burgeoning markets of Africa, India and the Far East. Discover our range of services offered from Mauritius here.