Awards

Bank One Private Banking & Wealth Management receives dual international accolades

August 21, 2023

Bank One Private Banking & Wealth Management receives dual international accolades

Bank One Private Banking & Wealth Management is pleased to announce that it has received dual international accolades for “Best Private Bank Mauritius 2023” by Global Finance Mauritius and “Best Custodian Bank Indian Ocean 2023” by CFI.co.

Bank One’s commitment to excellence and its clear vision for Africa

Mark Watkinson, CEO of Bank One, highlights the significant role that Private Banking plays in the bank’s vision for Africa, stating, “Private Banking has become an integral part of our bank’s strategy in Africa. We are committed to supporting institutions and individuals in their financial projects, to ensure their success and prosperity. These awards are a testament to our commitment to providing outstanding services and strengthening our position as the financial partner of choice for our clients in Mauritius and the region.

Guillaume Passebecq, Head of Private Banking and Wealth Management at Bank One, gratefully acknowledged: “We are truly honoured to receive both the ‘Best Private Bank Mauritius 2023’ and ‘Best Custodian Bank Indian Ocean 2023’ awards. The bank’s success is embodied in the strength of its international custody offering, its open-architecture investment solutions and its consistently innovative approach to delivering value to its clients. Bank One’s unwavering commitment to providing exceptional services has been further demonstrated through its expansion into new territories in sub-Saharan Africa, establishing itself as a trusted partner for individuals seeking to enhance, preserve, and pass on their wealth effectively”.

Best Private Bank in Mauritius 2023.

Bank One’s ongoing commitment to excellence and unparalleled dedication to meeting the needs of high-net-worth individuals has led to its recognition as the Best Private Bank in Mauritius 2023 at the eighth edition of the World’s Best Private Banks Awards by Global Finance.  This distinction highlights the bank’s outstanding and consistent performance in private banking; a title it previously held for four consecutive years, from 2017 to 2020.

Now in their eighth year, the Global Finance Private Bank Awards recognise outstanding banks that best meet the sophisticated needs of high-net-worth individuals seeking to enhance, preserve and pass on their wealth. The winners are not always the biggest institutions, but rather the best—those with qualities that high net worth individuals consider essential when choosing a service provider.

Best Custodian Bank Indian Ocean 2023.

As for CFI.co, it has recognised Bank One’s exceptional custodial services and commitment to providing unparalleled value for its clients with the award for “Best Custodian Bank Indian Ocean 2023”. With a robust custodian network spanning over 50 countries, the bank offers private clients, external asset managers, and institutional investors access to a diverse range of regional and international experts. Bank One’s cutting-edge technology, digital innovation, and commitment to transparency have positioned it as a forerunner in the sub-Saharan African market. Bank One’s custody portal provides instant reporting with real-time pricing through Bloomberg. The bank’s B2B platform has proven very popular with investors.  Bank One plans to build on this momentum through strong cross-border partnerships over the next 12 months.

Each year, CFI.co seeks out individuals and organizations that contribute significantly to the convergence of economies and truly add value for all stakeholders.