MCB Group
Jean Michel Ng Tseung has been serving as Chief Executive of MCB Group since September 2021, after holding the position of Chief Executive Designate. In addition, Jean Michel has been the Chief Executive Officer of MCB Investment Holding Ltd since July 2015. Prior to these roles, Jean Michel worked at MCB Group from 2004 to 2015 as Head of Corporate Banking at MCB Ltd, bringing extensive experience in corporate leadership and banking operations.
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MCB Group
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The secret to our endurance is our standard of excellence and the fact that our people – customers and personnel – are central to everything we undertake. From a single bank, we have grown into a Group with a total asset worth of MUR 720.1 billion (USD 16 billion). Now with 60 branches/kiosks nationwide, we seek to consolidate our position in the region and beyond. MCB Group is the holding company of several subsidiaries and associates that operate under three business clusters: Banking, Non-Banking Financial and Other Investments. Banking activities are present in Madagascar, Mozambique, Reunion Island, Mayotte, Paris, Seychelles and Maldives, with a network of around 550 correspondent banks across the world. The Non-Banking Financial sector is involved in Factoring and Leasing while the MCB Capital Markets Ltd offers services such as Corporate Finance Advisory, Asset Management, Stockbroking, Private Equity and Registry. The Group also assists Micro and Small Entrepreneurs.