{"id":11465,"date":"2022-08-01T13:26:19","date_gmt":"2022-08-01T13:26:19","guid":{"rendered":"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive"},"modified":"2022-08-01T14:19:46","modified_gmt":"2022-08-01T14:19:46","slug":"nouvobanq-bids-farewell-to-outgoing-chief-executive","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive","title":{"rendered":"Nouvobanq bids farewell to outgoing chief executive"},"content":{"rendered":"

Africa-Press – Seychelles. <\/strong><\/span>\u2022 Welcomes the new one<\/b><\/p>\n

The board of the Seychelles International Mercantile Banking Company, Nouvobanq, has thanked the outgoing chief executive, Ahmad Saeed, for his 32 years of service and commended him for leaving the bank at its pinnacle.<\/p>\n

Mr Saeed\u2019s retirement was announced in April this year and took effect on June 30. The bank organised a ceremony at the Savoy Resort & Spa, Beau Vallon, last Friday, to bid him farewell.<\/p>\n

Speaking at the event attended by the board members, management and the bank\u2019s clients, the board\u2019s chairperson, Abdul Gafoor Yakub, said under Mr Saeed\u2019s leadership, Nouvobanq became the leading banking institution in Seychelles.<\/p>\n

\u201cHe\u2019s been widely dabbed as a pioneer of the local banking industry. His managerial experience enabled Nouvobanq to establish and even surpass unprecedented objectives and goals over the last 32 years,\u201d said Mr Yakub.<\/p>\n

Mr Saeed was part of the team that set up Nouvobanq and according to the chairman, he was leaving behind a very strong and stable institution.<\/p>\n

\u201cWe had some very difficult situations, and he could sort out all of them in a quick and efficient manner. Today, Nouvobanq is very stable not just in terms of assets, but it has a very strong compliance unit that makes sure we do not overstep and that we are not investing in anything dubious,\u201d said Mr Yakub.<\/p>\n

Saeed, 69, told Seychelles NATION he had mixed feelings now that he has reached retirement age. Although he felt light, he was also sad, but happy to be leaving a strong bank behind.<\/p>\n

He described his tenure as worthwhile albeit tough. \u201cWe were the last to enter the market and at the time, big banks like Barclays were already well-established. People had doubts about a new bank, especially since they said the public sector was not performing. But we removed those negative thoughts and today our success speaks for itself as we are the largest bank in Seychelles and we are proud,\u201d said Mr Saeed.<\/p>\n

He said the bank\u2019s strength has been its workforce. Mr Saeed described his team as a gem and thanked them for their support over the three decades.<\/p>\n

\u201cAs long as they are there nobody will touch our bank and Nouvobanq will continue to flourish under the leadership of the new CEO, and I am sure he will take it to new heights,\u201d he concluded.<\/p>\n

His successor, Christophe Edmond, has taken his new post since July 1. Mr Edmond, who has over twenty years in the banking sector, has also served as First Deputy Governor of the Central Bank of Seychelles for a decade.<\/p>\n

With his arrival, Nouvobanq has invested into a new system. According to the chairperson, the want to become fully digitalised so as to make work simpler and more efficient.<\/p>\n

Mr Edmond said modernising the bank was his priority and he comes with all the skills acquired at the Central Bank.<\/p>\n

He is taking over at a time where the world economy is slowing down but said he sees this as a great challenge.<\/p>\n

\u201cDespite what is happening worldwide, we observe a lot of things happening in Seychelles, for example a lot of activities in the tourism sector. We will continue to tap into these markets, look for new clients, make them happy, get more businesses, offer new services and products, and remain competitive in the market,\u201d said Mr Edmond.<\/p>\n

At Friday\u2019s ceremony the guests, including the Minister for Finance, National Planning and Trade, toasted to Mr Saeed\u2019s departure, wishing him happy retirement, and welcomed Mr Edmond into his new post.<\/p>\n

Nouvobanq was founded in 1991 as a joint venture between the Government of Seychelles and Standard Chartered Bank. It now has four branches \u2013 two on the main island Mah\u00e9, as well as on Praslin and La Digue.<\/p>\n

For More News And Analysis About Seychelles<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Seychelles. \u2022 Welcomes the new one The board of the Seychelles International Mercantile Banking Company, Nouvobanq, has thanked the outgoing chief executive, Ahmad Saeed, for his 32 years of service and commended him for leaving the bank at its pinnacle. Mr Saeed\u2019s retirement was announced in April this year and took effect on […]<\/p>\n","protected":false},"author":84,"featured_media":11464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,12,16],"tags":[234,268,233],"class_list":["post-11465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-seychelles","tag-seychelles"],"yoast_head":"\nNouvobanq bids farewell to outgoing chief executive - Seychelles<\/title>\n<meta name=\"description\" content=\"\u2022 Welcomes the new one The board of the Seychelles International Mercantile Banking Company, Nouvobanq, has than ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nouvobanq bids farewell to outgoing chief executive\" \/>\n<meta property=\"og:description\" content=\"\u2022 Welcomes the new one The board of the Seychelles International Mercantile Banking Company, Nouvobanq, has than ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive\" \/>\n<meta property=\"og:site_name\" content=\"Seychelles\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-01T13:26:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-01T14:19:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/08\/postQueueImg_45.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nouvobanq bids farewell to outgoing chief executive\",\"datePublished\":\"2022-08-01T13:26:19+00:00\",\"dateModified\":\"2022-08-01T14:19:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive\"},\"wordCount\":649,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2022\/08\/postQueueImg_45.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Seychelles\",\"Seychelles\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive\",\"url\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/nouvobanq-bids-farewell-to-outgoing-chief-executive\",\"name\":\"Nouvobanq bids farewell to outgoing chief executive - 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