Board of Directors
NMH Limited constant cutting-edge consolidation of services, uniquely position itself to provide unprecedented and unparalleled financial performance each and every year.
The Board is responsible for the strategic decisions of the Group as well ensuring that our policies of good governance and business ethics are respected. Discover the profiles of those responsible for continuing the Beachcomber legacy.
Directors
profiles
Gilbert ESPITALIER-NOËL
(Born in 1964) Non-Executive Director, Chairman
Stéphane POUPINEL de VALENCÉ
(Born in 1978) Executive Director
Sharmila BANYMADHUB-CHAKOWA
(Born in 1963) Independent Non-Executive Director
Herbert COUACAUD - up for reappointment at the next Shareholders’ Meeting
(Born in 1948) Non-Executive Director
Hector ESPITALIER-NOËL - up for re-election at the next Shareholders’ Meeting
(Born in 1958) Non-Executive Director
Jean-Pierre MONTOCCHIO
(Born in 1963) Non-Executive Director
Alain REY
(Born in 1959) Independent Non-Executive Director
Pauline SEEYAVE- up for re-election at the next Shareholders’ Meeting
(Born in 1974) Executive Director
Monia TAMRANI
(Born in 1983) Independent Non-Executive Director
Gilbert ESPITALIER-NOËL
(Born in 1964) Non-Executive Director, Chairman
Appointed in: February 2013
Qualifications: Master of Business Administration from INSEAD; BSc University of Cape Town; BSc (Hons) Louisiana State University
Committee: Member of the Corporate Governance Committee
Professional Journey:
• CEO of Almarys Limited and Group CEO of ER Group Limited
• CEO of New Mauritius Hotels Limited until June 2023
• Past CEO of ENL Property Limited (Now ER Property Limited)
• Past Operations Director of Eclosia Group
• Former President of the Mauritius Chamber of Commerce and Industry, the Joint Economic Council and the
Mauritius Sugar Producers Association
• Past Vice President of the Mauritius Export Association
Skills & Experience:
• In-depth knowledge and extensive experience of operations across ER Group’s key sectors of activity
• Skilled at creating high-performing teams
• Strong proponent of entrepreneurship, innovation and initiative
• Staunch advocate of, and extensive experience in, public-private partnerships for economic stewardship
• Sound understanding of business dynamics in Mauritius
Stéphane POUPINEL de VALENCÉ
(Born in 1978) Executive Director
Appointed in: May 2023
Qualifications: MBA, Paris Dauphine-Sorbonne; Postgraduate Diploma in Business
Management, Curtin University; BCom Management and Marketing, Curtin University; Professional Development Programme, Cornell University; Senior Executive Programme, London Business School; International Project Management, INSEAD
Committee: Member of the Corporate Governance Committee and Risk Committee
Professional Journey:
• CEO of New Mauritius Hotels Limited since July 2023
• Former Managing Director of Semaris Ltd and Chief Officer – Real Estate & Construction of NMH
• Former Managing Director of Medine Property, the property arm of Medine Ltd
• Commenced his career in sales and marketing at Panagora Marketing Co. Ltd, part of the Eclosia Group
• President of AHRIM
Skills & Experience:
• In-depth knowledge and experience of NMH’s key operations
• A strong focus on people empowerment and community development
• Extensive experience in leadership, property development and sales and marketing
Sharmila BANYMADHUB-CHAKOWA
(Born in 1963) Independent Non-Executive Director
Appointed in: September 2023
Qualifications: Private Wealth & Family Office Management – Swiss Certified Course and Fellow of the Association of the Chartered Certified Accountants
Committee: Chairperson of the Risk Committee and Member of the Audit Committee
Professional Journey:
• Provision of financial advisory and family office management services
• Local Representative and Director of CLSA (Mauritius) Limited, part of CITIC CLSA Group
• Former Managing Partner of Temple Corporate Services Ltd and Corporate Support Services
• Held senior executive positions in Finance, Administration and Treasury Management in private companies
Skills & Experience:
• Dynamic and goal-oriented finance professional with over 30 years' post-qualification experience in various sectors, the last 17 years being in financial services
• Managed a portfolio of global business companies and funds
• Expertise in risk management and mitigation systems, compliance, client onboarding and team-leadership
• Involved in setting-up internal controls systems and AML/CFT policies and procedures
Herbert COUACAUD - up for reappointment at the next Shareholders’ Meeting
(Born in 1948) Non-Executive Director
Appointed in: May 1981
Qualifications: BSc in Economics and Mathematics, University of Cape Town
Committee: Member of the Corporate Governance Committee
Professional Journey:
• Former Chief Executive Officer of New Mauritius Hotels Limited (from 1974 until his retirement in June 2015)
Skills & Experience:
• Significant contribution to the development of the tourism industry in Mauritius
Hector ESPITALIER-NOËL - up for re-election at the next Shareholders’ Meeting
(Born in 1958) Non-Executive Director
Appointed in: April 1997
Qualifications: Member of the Institute of Chartered Accountants in England and Wales
Committee: Member of the Corporate Governance Committee
Professional Journey:
• CEO of ENL Limited (now Almarys Limited) and ENL Group until 30 June 2023
• Worked for Coopers and Lybrand in London
• Worked for De Chazal du Mée in Mauritius
• Past Chairman of New Mauritius Hotels Limited, Semaris Ltd and Rogers and Company Limited
• Past Chairman of the Mauritius Chamber of Agriculture, the Mauritius Sugar Producers Association, and the Mauritius Sugar Syndicate
Skills & Experience:
• Extensive CEO and leadership experience and skills
• Strong financial management and strategic business planning skills
• Significant experience in alliances, ventures, and partnerships
• Staunch advocate for a more open national economy
• Advocate for a strong public-private sector partnership for sustainable growth
• Strong proponent of private enterprise and entrepreneurship
• Strongly convinced of the multidimensional role of business
Jean-Pierre MONTOCCHIO
(Born in 1963) Non-Executive Director
Appointed in: April 2004
Qualifications: Notary
Committee: Chairman of the Corporate Governance Committee
Professional Journey:
• Appointed Notary Public in Mauritius in 1990
• Contributed to the workings of the National Committee on Corporate Governance as a member of the Board of Directors’ Sub-Committee
Skills & Experience:
• Well-versed in corporate governance matters and NED experience across the private and public sectors
• Extensive experience in alliances, ventures, and partnerships
• Strong proponent of fairness in business
• Staunch defender of shareholder’s interests
Alain REY
(Born in 1959) Independent Non-Executive Director
Appointed in: February 2017
Qualifications: Member of the Institute of Chartered Accountants in England and Wales
Committee: Chairman of the Audit Committee and Member of the Risk Committee
Professional Journey:
• Worked in the financial services industry at Citibank N.A. (France)
• Former Regional Corporate Director of Barclays Bank Plc at their Mauritius branch
• Past Senior Vice President and Chief Financial Officer of Novel Denim Holdings Ltd, a Nasdaq-listed company
• Former CEO of Compagnie de Mont Choisy Limitée, a group of companies involved in agricultural and property development activities
Skills & Experience:
• Extensive experience in the formulation and appraisal of risk assessment and management systems in across multiple industries
• Past Chairman of various Strategic and Investment Committees bringing strong banking and financial competence and expertise
Pauline SEEYAVE- up for re-election at the next Shareholders’ Meeting
(Born in 1974) Executive Director
Appointed in: August 2016
Qualifications: Master of Arts, St Catharine’s College, University of Cambridge and Associate of the Institute of Chartered Accountants in England and Wales
Professional Journey:
• Group Chief Financial Officer of New Mauritius Hotels Limited since 2016
• Occupied senior executive roles in banking, including finance, risk management, credit, project finance and corporate banking
• Managed a wide portfolio of clients and across various sectors in Audit and Business Assurance in the UK
• Current Non-Executive Director of Innodis Ltd
• Member of the Listing Executive Committee of the Stock Exchange of Mauritius Ltd
• Past Director of SBM Bank (Mauritius) Ltd, State Insurance Company of Mauritius Ltd and Club Méditerranée Albion Resorts Ltd
Skills & Experience:
• Over 20 years' experience in leadership roles
• Extensive expertise in risk management, finance and corporate governance
Monia TAMRANI
(Born in 1983) Independent Non-Executive Director
Appointed in: October 2024
Qualifications: Master 2 Spécialisation : Audit - Contrôle de Gestion, EMLV Business School of Management Paris ; Postgraduate studies in Marketing et Gestion des Entreprises, ESC IDRAC Paris ; DUT Techniques de commercialisation, IUT de Versailles Saint Quentin en Yvelines
Committee: Member of the Audit Committee and Risk Committee
Professional Journey:
CFO and Co-owner of Thymos Holding Ltd, Insite Construction Ltd, Indilinks, Direct Auto Ltd, Naeya Cosmetics Ltd (Kiko Milano), Naeya Homestyle Ltd (Muy Mucho), Naeya Accessories Ltd (Balabooste), NG Next 2 Ltd (Jules) and NG Next Ltd (Parfois) from 2021 to 2024
- CFO and Co-owner of Tyre Plus from 2010 to 2013
- Auditor at BDO DCDM from 2010 to 2011
- Consultant at Maurent Investment Ltd from 2010 to 2011
Skills & Experience:
• Extensive experience in audit, corporate finance, financial analysis, risk management, financial acumen, networking, negotiation, sales and marketing
