Africa-Press – Mauritius. Sustainable development should be prioritised to ensure that our economic activities are environmentally friendly and socially responsible. This statement was made by the Minister of Financial Services and Good Governance, Mr Mahen Kumar Seeruttun, this morning, during the Asset and Wealth Management event in the Global Business Sector, held at Hennessy Park Hotel, in Ebène.
The event, organised by PricewaterhouseCoopers (PwC) Ltd, was attended by the Global Asset and Wealth Management Leader, PwC, Miss Olwyn Alexander; the Country Senior Partner, PwC Mauritius, Mr Anthony Leung Shing; and the Financial Services Leader, PwC Mauritius, Mr John Li How Cheong; among other personalities.
In his address, Minister Seeruttun, highlighted Mauritius’s pivotal role amid rapid global change and globalisation, particularly focusing on Asset and Wealth Management as key elements shaping the nation’s financial future.
Emphasising Mauritius’s strategic positioning between Africa and Asia, he stressed its potential as a thriving hub for this industry, offering investors access to dynamic and expanding markets.
The Minister spoke about Mauritius’s strong financial infrastructure and regulatory framework, ensuring a secure and compliant environment for global investors.
He underlined the nation’s skilled workforce as a vital asset, coupled with a commitment to continuous learning, crucial in meeting the complex demands of this evolving sector. Addressing challenges ahead, the Minister acknowledged the importance of regulatory compliance, talent retention, and innovation in this industry.
He viewed these challenges as opportunities for growth and improvement, particularly emphasising Mauritius’s commitment to international tax standards and efforts to combat financial crimes.
Additionally, he underscored the nation’s role in attracting foreign direct investment into the African continent and fostering harmonious regional integration, alongside deepening diplomatic ties with our India and African counterparts.
He also highlighted the impending introduction of a new ESG Framework, expected to attract investor interest and further elevate Mauritius’s global standing.
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