JAMALOODEEN Ali
Chief Executive Officer
We achieved a record profit after tax of MUR 23Mn, representing 7.3% as a percentage of Revenue from continuing operations, for the first time ever in Anglo African since our inception, despite our markets being heavily impacted by the pandemic and lockdowns. This has been possible by securing more clients and recruiting more talents while competitors faced financial distress.
We fast tracked investment into the development of our platforms during the lockdown, ahead of planned delivery schedule: we started integrating our FinTech Platform into stakeholders’s systems including the regulators in preparation for the launch of the first licenced digital financial inclusion platform in alignment with UN SDG #1 No Poverty, and launched our RiskTech SonarPulse platform, at a time when Mauritius was blacklisted by the FATF.
New leaders, who have been with Anglo African since inception or shortly after, have emerged as the next generation across the hierarchy, driving the business to next level. There have been changes not only at the executive level, but also at the Board level during the reporting year.
Governance remains key at Anglo African, and during the previous Boards under the Chairmanship of Jean Claude Bega, the group has become a reference in terms of Governance, Forward-Looking and Sustainability, which brought recognition on a global scale, the new Board under the chairmanship of Ms. Sanjana Singaravelloo is now taking us to a new era of the company’s life which will be critical to the next phase of our development.
We embrace diversity at all levels, and have now achieved 50% parity on our Board, and have appointed women chairperson on our subsidiaries’ Board. Diversity is key for Anglo African, and we are pleased to have diversity in gender, nationality, experience, and are on our way to Shareholder diversification as well starting with our FinTech Nano. We are also working hard to achieve 50% parity on gender across our workforce!
In Jan 2021, we moved to our new office, a connected building using technology to manage the work environment. The new building enhanced the team spirit and bonding despite the fact that our employees have been accessing the building on a roaster basis to cope with the pandemic. Our teams are constantly working on solutions to tackle important aspects such as Covid safety, which remains crucial for our wellbeing!
Discover the mapping of SDG of our businesses and their contribution, and explore which of our subsidiaries are doing what, how and where, as well as their aspirations while operating in our markets.
Our ambition drives few strategic targets that we have set for FY2024, covering our strategic priorities and our “Capitals Performance”, not just our Financial Performance!
Find out about our ability to create value in the short, medium and long term, how we measure success, and how we effectively use the capitals to achieve our objectives and how our strategic actions influence the capitals, and most important how we create shared value for the society.
