Nilamber appointed CEO of SBM, after found ‘unfit’ for Maubank

The current Chief Executive Officer (CEO) of Airports of Mauritius, Anoop Nilamber, has just been appointed as CEO of the SBM Bank, the largest State-owned bank in Mauritius.

Defi Media reported that Nilamber has a degree in Finance and Banking from Panthéon Assas University, Paris. “He also has experience in the banking sector abroad, particularly in France where he worked at HSBC in Paris in investment banking.” 

However, questions are now being raised as to whether he is “fit” for the job, also a Board member of Maubank.

L’Express claimed that he was recently found “unfit” to be Maubank’s CEO by the Bank of Mauritius – which had allegedly rejected the proposal for his appointment. Maubank is also a State-owned bank.

One of the reasons said to have motivated the decision was that he was linked to a case of “issuing cheque without sufficient funds.”

Nilamber also sits on the boards of SME Mauritius, the Employees Real Estate Investment Trust, the State Investment Corporation and the Mauritius Revenue Authority.