It's official ! Premchand Mungar, Chief Executive of SBM Bank (Mauritius) Ltd, is the new president of the Mauritius Bankers Association. And this for a mandate of one year. He succeeds Mark Watkinson, CEO of Bank One Limited. An appointment which took place during the MBA general assembly which was held this week.

Premchand Mungar will have Abrar Anwar, Managing Director & CEO of Standard Chartered Bank (Mauritius) Limited and Brian Ah-Chuen, Executive Director of ABC Banking Corporation Ltd, as vice-presidents.

“The financial services industry is constantly evolving and I am honored to be able to represent banks at this critical juncture. I would like to thank the other members for the renewed trust placed in me. Together, we will work to further improve the competitiveness and resilience of the banking sector, with innovation and sustainable development at the heart of our priorities,” said Premchand Mungar, through a press release issued this Wednesday 19 June.

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