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
1
Hector ESPITALIER-NOËL
Chairman, Non-Executive Director
2
Gilbert ESPITALIER-NOËL
Chief Executive Officer, Executive Director
3
Pauline SEEYAVE
Executive Director
4
Jean-Pierre MONTOCCHIO
Non-Executive Director
5
Herbert COUACAUD
Non-Executive Director
6
Jitendra BISSESSUR
Non-Executive Director
7
Sunil BANYMANDHUB
Non-Executive Director
8
Dr Jyoti JEETUN
Independent Non-Executive Director
9
Alain REY
Independent Non-Executive Director
STANDING FROM
LEFT TO RIGHT
Jyoti Jeetun
François Venin (Resigned on 26 April 2022)
Herbert Couacaud
Hector Espitalier-Noël
Sunil Banymandhub
SITTING FROM
LEFT TO RIGHT
Alain Rey
Gilbert Espitalier-Noël
Pauline Seeyave
Jean-Pierre Montocchio
ABSENT FROM THE PHOTO
Jitendra Bissessur


Hector ESPITALIER-NOËL
Chairman, Non-Executive Director
- up for re-election at next Shareholders’ Meeting
(Born in 1958)
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 and of the ENL Group
• Worked for Coopers and Lybrand in London
• Worked for De Chazal du Mée in Mauritius
• Chairman of New Mauritius Hotels Limited and Semaris Ltd
• Past Chairman of the Board of 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 Mauritius
• 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
Gilbert ESPITALIER-NOËL
Chief Executive Officer, Executive Director
(Born in 1964)
Appointed in: February 2013
Qualifications: Master of Business Administration, INSEAD, BSc University of Cape Town, BSc (Hons) Louisiana State University
Committee: Member of the Corporate Governance Committee
Professional Journey:
• CEO of New Mauritius Hotels Limited since 2015
• Former Executive Director of ENL Group and CEO of ENL Property Limited
• Former Operations Director of Eclosia Group
• Former President of the Mauritius Chamber of Commerce and Industry, the Mauritius Chamber of Agriculture, 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 in ENL’s key sectors of activity
• A people’s person, skilled at creating high-performing teams
• Strong proponent of entrepreneurship, innovation, and initiative
• Staunch advocate of, and extensive experience in, public-private partnership for economic stewardship
• Sound understanding of the business dynamics in Mauritius
Pauline SEEYAVE
Executive Director
- up for re-election at next Shareholders’ Meeting
(Born in 1974)
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
• Over 20 years of working experience in the UK and Mauritius
• Extensive experience in client portfolio management in Audit and Business Assurance
• Has occupied senior executive roles in banking, finance, risk management, credit, project finance and corporate banking
• Current Non-Executive Director of Innodis Ltd
• Past Director of SBM Bank (Mauritius) Ltd, State Insurance Company of Mauritius Ltd and Club Méditerranée Albion Resorts Ltd
Skills & Experience:
• Extensive experience in risk management, corporate finance and financial reporting
Jean-Pierre MONTOCCHIO
Non-Executive Director
(Born in 1963)
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 defendant of shareholder’s interests
Herbert COUACAUD
Non-Executive Director
- up for reappointment at next Shareholders’ Meeting
(Born in 1948)
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:
Actively contributed to the development of the tourism industry in Mauritius.
Jitendra BISSESSUR
Non-Executive Director
(Born in 1966)
Appointed in: November 2021
Qualifications: BA(Hons) in Mathematical Statistics from the University of Delhi, India and MSc in Applied Economics with specialization in banking and finance from the University of Mauritius.
Professional Journey:
• Chief Executive Officer of the Mauritius Investment Company Ltd (MIC) since March 2021. He was the Officer-in-Charge of the MIC since its inception in June 2020.
• Previously the Director of the Economic Research and Analysis and Statistics Department of the Bank of Mauritius (2018-2020). Joined the Research Department of the Bank of Mauritius in January 1991 and has over 30 years of experience in the central banking field. He has both an economics and statistics background.
• Worked as an economist in the African Department of the International Monetary Fund (IMF) (2013-14) and was part of the Article IV mission team to review macroeconomic developments and policies in Cameroon. He contributed to the Article IV Staff Report and Selected Issues Paper.
• Led the team to set up the MIC and has been attending to corporate finance assignments including asset valuation and asset management.
• Past member of the Statistics Board and a Member of the IMF's Task Force on Special Purpose Entities He has been responsible for the Bank’s regular publications including the Monthly Statistical Bulletin, Quarterly Reports and Annual Report. He has been the Secretary of the Bank’s Monetary Policy Committee (2014-2021) and was responsible for the preparing the Monetary Policy Briefing Paper.
Skills & Experience:
• Skilled in macroeconomic statistical analysis and framework and macroeconomic economic and policy analysis and forecasting.
• Specific experience in assessing macroeconomic conditions and the stance of monetary, exchange rate and financial policies.
• Has represented the Bank in numerous seminars/conferences/meetings at various levels and in various capacities.
Sunil BANYMANDHUB
Non-Executive Director
– up for reappointment at next Shareholders’ Meeting
(Born in 1949)
Appointed in: March 2000
Qualifications: BSc Honours First Class in Civil Engineering UMIST,UK, Master’s degree in Business Studies (London Business School), Associate of the Institute of Chartered Accountants of England and Wales
Committee: Member of the Corporate Governance Committee
Professional Journey:
• Occupied senior positions within various major companies in the private sector in Mauritius
• Majority shareholder of a transport company
• Has been involved with several private sector organisations
• Former President of the Mauritius Employers’ Federation, and Member of the Presidential Commission on Judicial Reform presided over by Lord Mackay of Clashfern, previously UK Lord Chancellor
• Currently Chairman or Board member of a number of domestic and global entities
Skills & Experience:
• Many years’ experience in financial services and senior management
Dr Jyoti JEETUN
Independent Non-Executive Director
(Born in 1960)
Appointed in: December 2017
Qualifications: PhD in Strategy and Accounting, Warwick Business School, University of Warwick, MBA, Warwick Business School and Fellow of the Institute of Chartered Secretaries and Administrators
Committee: Member of the Audit & Risk Committee
Professional Journey:
• Group Chief Executive Officer of the Mont Choisy Group since April 2016, leading a major transformation in real estate development in the North
• Former international consultant in private sector development and financial services
• Former academic with leading UK Business Schools (Warwick Business School, Birmingham Business School, Oxford Brookes Business School and Essex Business School)
• Occupied senior management roles with global investment banks in London (BNP Paribas, Barclays Capital, Bank of America Merrill Lynch)
• Past Deputy Director of the Centre for the Development of Enterprise, a Brussels-based international organisation promoting private sector enterprise development in ACP countries
• Founding Chief Executive of the Sugar Investment Trust and the founding Chairperson of the Mauritius Post and Cooperative Bank (now MauBank)
• Started her career as a public servant and went on to become the Finance Editor of Business Magazine
Skills & Experience:
• Over 25 years of executive management and boardroom credentials, mainly in the real estate development, banking, financial services and sugar sectors
Alain REY
Independent Non-Executive Director
(Born in 1959)
Appointed in: February 2017
Qualifications: Member of the Institute of Chartered Accountants in England and Wales
Committee: Chairman of the Audit & Risk Committee
Professional Journey:
• Worked in the financial services industry at Citibank N.A. (France)
• Past 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
• Past 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 various industries
• Past Chairman of various Strategic and Investment Committees and possesses banking and financial competence and expertise