Management team

Ravneet Chowdhury

Chief Executive Officer

Ravneet Chowdhury has a long career in the banking industry, occupying various senior positions within the Standard Chartered Bank prior to his appointment as CEO of Standard Chartered Bank, Oman. He possesses extensive African experience, having worked in Southern and East Africa for a number of years and he has also worked for ABN AMRO and American Express Bank.

Ravneet is a qualified chartered accountant and holds a Bachelor of Commerce from the University of Delhi and an MBA from Henley Management College.

Saleem Ulhaq

Chief Operating Officer

Saleem joined the Bank in December 2017 and assumed the office of Chief Operating Officer for Bank One since March 2018. He holds a Bachelor in Business from Karachi University and a Masters in Business Administration from Institute of Business Administration, Karachi, Pakistan.

He is a career banker with in depth exposure and extensive experience at the senior management level covering the entire banking operations (credit, operational risk management, administration, information technology, payments and retail banking).

Most recently, Saleem was Chief Operating Officer for Absa Cards and Payments business, Chief Operating Officer for Barclays Bank Egypt and Regional Head of Operations for Emerging Markets. His career spans over 25 years in over 24 geographies in Asia, Middle East & Africa for Barclays and Citigroup before joining Bank One.

Ranjeevesingh (Ranjeeve) Gowreesunkur

Chief Financial Officer

Ranjeeve joined Bank One in 2008 as Financial Accountant bringing with him more than 20 years of extensive banking experience having worked in various senior positions at Union Bank, Delphis Bank, First City Bank, SBI (Mauritius) and Deutsche Bank (Mauritius). After acting as Head of Finance for six years, he was subsequently promoted as Chief Financial Officer in 2014.

Fellow of the Association of Chartered Certified Accountants and a registered Professional Accountant with the Mauritius Institute of Professional Accountants, Ranjeeve also holds an MBA with Finance from Herriot Watt University.

Stephen Vlok

Chief Risk Officer

Stephen holds a Bachelor of Commerce and a Master of Commerce degree specializing in Financial Management. Stephen is also a certified member of the Institute of Bankers of South Africa and obtained an Associate Diploma from the Institute. Before joining Bank One, Stephen has had twenty years’ experience in risk management in the South African banking and investment industries. Stephen joined the Bank in November 2014 as Chief Risk Officer.

Fareed Soobadar

Head of Corporate Banking

Fareed Soobadar is a Fellow of the Chartered Association of Accountants (UK) and an associate-ACIB of the Institute of Financial Services (UK). He has more than 19 years of work experience in the financial services industry, having worked in auditing, accounting, offshore, HP financing, and including 14 years of banking experiences gained at senior management level. He held several key positions in various organisations over these years namely KPMG, Deloitte, HSBC, AAMIL, Barclays and before joining Bank One, as Corporate Director at Banque des Mascareignes. He also had international exposure with ABSA, Barclays Dubai, and Barclays Africa, where he worked principally in the credit field. Fareed was appointed Head of Corporate Banking of Bank One Limited in February 2015.

Carl Stephen Chirwa

Head of International Banking

Carl is a seasoned Pan-African banking executive with a special focus on corporate banking, structured trade and commodity finance, project finance and financial advisory services. He has developed deep networks on the subcontinent through 20 years of proven track record of origination, structuring and executing of large ticket strategic transactions across a wide variety of sectors in over 26 African countries.

A Fellow Chartered Accountant with a BSc Applied Accounting, Carl was previously Head of Trade Finance at Citi for the Sub Sahara Africa region. Carl joined Bank One in September 2018.

Guillaume Passebecq

Head of Private Banking & Wealth Management

Guillaume is an International School of Management (IDRAC) graduate who has spent his entire career in the banking sector. He started off as a Portfolio Manager at B*capital Paris, the BNP Paribas brokerage house in 1999. In 2007, he was appointed as Head of Sales at BNP Paribas Personal Investors Luxembourg. He joined AfrAsia Bank in 2014 with a strong focus on the European market and was subsequently appointed as Head of Private Banking. Guilllaume joined Bank One in March 2017 and brings with him a wealth of experience in dealing with High Net Worth individuals.

Shehryar Bakht Ali

Head of Retail Banking

Shehryar is a seasoned banker with over 16 years of experience at Citibank, Barclays and more recently Mashreq Bank Egypt as Head of Assets and Personal Banking. Shehryar is a graduate of University of Texas at Austin in Computer Sciences. Over his career, Shehryar has successfully led Credit Cards Issuing/Acquiring, E-commerce, Personal Loans, Personal Banking and SME Business. Shehryar joined Bank One as Head of Retail Banking in May 2018.

Rishyraj Lutchman

Head of Treasury

Rishy holds an ACI Diploma and a BBA from Management College of Southern Africa. Before Joining Bank One in February 2014, he worked for 26 years in the Treasury division of the State Bank of Mauritius, where he covered different desks such as sales, interbank and fixed income and acquired a comprehensive knowledge of the Mauritian and Malagasy market. Rishy held the post of Chief Dealer prior to leaving SBM.

Valerie Duval

Head of Legal and Regulatory Affairs

Valerie is a versatile executive with 23 years of diversified experience. She comes with a unique mix of experience in a senior leadership position in the General insurance sector and as Head of Legal and Credit Administration in the banking sector. Her expertise ranges from handling high level claims for key general insurers of the market such as the then La Prudence Mauricienne Assurances Ltd and Swan Insurance Co Ltd to advising Bank One on all legal aspects pertaining to the affairs of the Bank including recovery of assets in foreign jurisdictions in complex matters of significant importance.

Called to the bar in 1995, Valerie joined Bank One’s Executive Committee since 2008 and acquired in depth exposure and expertise in banking operations and legal matters. She has been appointed as Head of Legal and Regulatory Affairs since September 2019.

Priscilla Mutty

Head of Human Resources

With over 20 years of experience in the human resource field, Priscilla is a seasoned Human Resources professional who is skilled at partnering with senior management teams to develop and execute strategic HR plans aligned with organizational objectives. She brings to the table her expertise in managing the full employee life-cycle and engaging with employees. She holds a Master in ‘Administration d’Entreprises’ from the University of Poitiers, France.

Prior to joining Bank One, Priscilla has worked across regional and global corporations such as DCDM Consulting (Managed by Accenture) where she was responsible for HR-related consultancy assignments for a portfolio of clients in various industries including banking. Her assignments were conducted both in Mauritius and regionally (i.e. Madagascar, Kenya, Tanzania, Zambia, Djibouti, among others). From 2011 to 2014, she headed the HR department at Bramer Bank before moving to GroFin in January 2015, a development financier specialized in financing and supporting small and growing businesses (SGBs) with 16 offices across Africa and the Middle East, as its Chief HR Officer. Priscilla joined the Bank in December 2017 as Head of HR.

Priscilla received The Women of Wonder Award Mauritius 2018. This patented Award is granted in recognition and appreciation to women who are constantly striving to uplift as well as inspire and empower themselves and other women. She has also been conferred the 101 Most Influential Global HR Leaders by the World HR Congress.