Chief Executive OfficerMauBank Ltd.
Sridhar Nagarajan is an Electronics & Communications engineer with Masters in Business Administration, specializing in Finance & Marketing. He has over 20 years of banking experience, of which 16 years were with Standard Chartered Bank PLC in various business, franchise building and governance roles. In this capacity, since 2008, he had overseen the formulation and successful implementation of the Bank’s Mauritius strategy, which included leveraging Mauritius as a hub for Africa and unlocking the franchise’s potential as a global financial centre. Under his stewardship, SCB Mauritius became the third largest bank in Mauritius in 2013 and added new business segments viz., Regional Custody for Africa, Regional Treasury Centre, Domestic corporate lending, Asia-Africa trade corridor etc. The staff strength quadrupled over the same period.
In September 2015, Sridhar joined Mauritius Post and Cooperative Bank (MPCB) as its CEO. In January 2016, he successfully oversaw the merger of National Commercial Bank with MPCB to form MauBank Ltd with over 650 employees. MauBank is now the third largest domestic bank in Mauritius, with a significant distribution network of 24 branches, 37 ATM’s and 86 post office counters offering banking facilities for MauBank. One of MauBank’s core strategies is to leverage technology to transcend competitive barriers and craft itself as a Technology Company with a Balance Sheet.
He is a member of the Financial Services Consultative Council (FSCC), chaired by the Minister of Financial Services, Good Governance and Institutional Reforms. FSCC is the think tank of the Government of Mauritius for the Financial Services sector.
Sridhar Nagarajan lives in Mauritius with his wife and their two daughters. He is a keen golfer and a long distance runner. His other hobbies include reading on diverse topics, gardening and chess.
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