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BOARD OF
DIRECTORS

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Magalingam Reddy

EXECUTIVE CHAIRMAN

Mr Reddy has had a successful 30-year career within the financial services industry. During that time, he has created and sold off businesses that has helped evolve the banking, retail and the mobile industries. As an entrepreneur he has diverse hands-on experience with the creation of concepts, innovating for sustainability, and taking companies from start-ups to successful sustainable businesses.

His contribution to the financial services industry has resulted in him being appointed in an advisory capacity to South African Banks, Mobile Operators, the Irish Financial Services Trade Mission, and the Kenyan Bankers Association.

He now leads an incubator that is focused on financial inclusion and “Sustainable Living in the Fourth Industrial Revolution”. In Mauritius, where he has invested since 2012, Mr Reddy is the Chairman and founding Partner of Capital Horizons Ltd.

Tin Young Li Yuen Fong

NON-EXECUTIVE DIRECTOR

Mr Li Yuen Fong graduated in Agriculture and Sugar Technology from the University of Mauritius in 1976. He has since been closely connected with the Sugar industry both in Mauritius and Africa having held various senior positions including those of General Manager of Mtibwa Sugar Estate in Tanzania, General Secretary of the Mauritius Chamber of Agriculture and Director of the Mauritius Sugar Producers Association. As from 2016 Mr Li Yuen Fong is a director of TY Consulting Ltd, a company providing consultancy services in the sugar sector.

Mr Li Yuen Fong also sits on the board of directors of several institutions, namely Business Mauritius, Mauritius Cane Industry Authority, Mauritius Sugar Syndicate, Sugar Industry Pension Fund and Sugar Insurance Fund. He is also the Chairman of the Regional Training Centre.

With his extensive board membership and good all-round experience in corporate governance gathered over the years, Mr Li Yuen Fong was appointed as non-executive director of Capital Horizons Ltd in 2016.

Shaan Kundomal

CHIEF EXECUTIVE OFFICER

Since 2010, Shaan has setup and later invested in the following sectors Renewable Energy, Real Estate, Financial Services, Technology ,oil and gas and agriculture. He is a shareholder and holds executive positions in a number of successful ventures including the Multiple award winning Capital Horizons Group.

Shaan sits on the board of directors of several important companies, including the SBM India fund. Shaan previously sat on national committees in Mauritius, amongst which the steering group on Energy in the MID commission, under the aegis of the Prime Minister’s office of the Republic of Mauritius. Shaan, in his capacity of CEO of Capital Horizons also regularly advises Ultra High Net Worth Individual, multinationals and Governments. Capital Horizons administers and consults for three sovereign funds/public investment companies bringing its net asset under administration in the billions of dollars.

Shaan holds a LL.M. in International Business Law from Paris II (Pantheon-Assas) University where he graduated with high honors.

Magalingam Reddy

EXECUTIVE CHAIRMAN

Tin Young Li Yuen Fong

NON-EXECUTIVE DIRECTOR

Shaan Kundomal

CHIEF EXECUTIVE OFFICER