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Ocorian Forum focusses on the added value of the Mauritius IFC for crossborder business and investment in Africa

Ocorian Forum focusses on the added value of the Mauritius IFC for crossborder business and investment in Africa

The first in a series of Ocorian Forum presentations will be held in Mauritius on the 24th of January 2019 examining the impact and added value of the island's financial services sector with respect to business and investment in Africa.

The Forum, which takes place at Ocorian's offices at 1 CyberCity, in Ebene, will provide an opportunity for leading industry experts and stakeholders from the financial services sector to explore the expanding role of Mauritius as an International Financial Centre (IFC) with respect to Africa.

Ocorian’s Africa, Middle East & Asia (AMEA) office, formerly known as ABAX, has initiated over the years a number of high‐level Forums to stimulate and facilitate debate on the evolution of Mauritius as an International Financial Centre - specifically its contribution to enabling investment flows to and within Africa.

“The Forums have provided a platform to reflect on the role of our IFC in a fast-evolving regulatory landscape and on the alleys for a wider integration of the global business sector with the domestic economy,” said Richard Arlove, Regional CEO, AMEA at Ocorian.

“As one of the leading management companies locally, we have been closely linked to the evolution that the Mauritian financial services industry has witnessed over the years.

We’ve always been a staunch believer in Africa’s potential as a business and investment destination and now, as we operate seamlessly within a wider region that integrates Africa, Asia and the Middle East, we’re better equipped to contribute further to investment flows to the continent.”

Ocorian’s management team, built on its long-standing experience as ABAX, is well-placed to advise clients on enhancing their enterprise and investor value with respect to their African investments.

This first Forum under the Ocorian brand illustrates the company’s continued commitment to promoting the Mauritius financial centre as a platform of choice for doing business with Africa.

INDUSTRY EXPERTS

"The aim of the Forum is to provide participants with the latest insights and trends, and provide a platform for discussion and knowledge sharing," explained Richard Arlove. "Africa is made up of 54 countries, each with its own characteristics and specificities - and we want to ensure that all stakeholders have the proper information regarding opportunities as well as challenges on the continent."

The Forum will comprise two panels of high‐profile speakers who will examine how corporate and fiduciary services providers, such as Ocorian and their network, can support the growth of Mauritius as a global business hub.

Panel 1 - to discuss the issue of development finance with respect to Africa’s growth

  • British High Commissioner to Mauritius Keith Allan
  • Usha Dwarka‐Canabady, Secretary for Foreign Affairs at the Mauritius Ministry of Foreign Affairs, Regional Cooperation and International Trade
  • Carla Osorio, Head of Cooperation at the European Union delegation to Mauritius and the Seychelles.

Panel 2 - to discuss whether Mauritius is adding value to doing business in Africa

  • Mathieu Mandeng, CEO of Standard Chartered Bank Mauritius
  • Hercu Bloem, Managing Director of GroCapital Holdings
  • Louis Nallet, CEO of Skylar Investments Ltd.

Stuart Layzell, Ocorian Group CEO, will deliver the closing address.

Headquartered in the UK, Ocorian is a leading international provider of bespoke corporate and fiduciary services to companies, institutions, high‐net worth individuals and funds involved in cross-border transactions. This includes building enterprise and investor value through the use of IFCs.

Ocorian considers Mauritius a pivotal platform for international investors and, in 2018, extended its existing presence and foothold to the wider African market with the acquisition of the ABAX Group, a well‐established and trusted provider of corporate and financial services.

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