
Understanding the Growth and Future of Custody Services in Mauritius
In a recent interview with Business Mag, Khalid Mahamodally, Head of Securities Services and Deputy Head of Private Banking at Bank One, shared key perspectives on the custody services market in Mauritius. He discussed the sector’s rapid growth, driven by Mauritius’ strategic position and robust regulatory framework, which has attracted international investors. Khalid highlighted the essential role of custodians in safeguarding assets, ensuring efficient transaction settlements, and providing comprehensive reporting. He also addressed how the industry is adapting to the growing demand for transparency, high-quality data, and ESG considerations. Khalid emphasized Bank One’s commitment to enhancing its custody services through technology and innovation, reinforcing Mauritius as a leading hub for cross-border investments, particularly in Africa. This discussion reflects Bank One’s ongoing efforts to deliver tailored, cutting-edge solutions to meet the evolving needs of institutional clients. Read more: Business Mag