Fund administrator Sanne has appointed Rubina Toorawa as the country head for Mauritius, replacing Peter Nagle.
Meanwhile, Nagle will now serve as the managing director, global head of client growth – a newly created position.
Commenting on the promotion, Toorawa noted: “I am humbled by the opportunity to lead such a dynamic, focused and energised team.
“We have a strong business proposition and I look forward to working with our clients and partners to better align client services. Our valued clients and staff will always remain my top priority.”
Previously the firm’s COO for Mauritius, Rubina will now manage the group’s business outsourcing leadership teams as well as business development function.
In this context, Sanne highlighted Mauritius’ emergence as an International Financial Centre of Excellence and said that the island serves as a key financial hub.
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By GlobalData“With its reputable and strong regulatory framework, alongside a sophisticated banking platform, the island offers businesses an attractive hub to offer clients an extensive range of financial services,” the firm said.
Earlier this year, Sanne was in the news for divesting its private client services business to fund services provider JTC.
As part of the deal, JTC will absorb Sanne’s private client employees based in Jersey and also the clients of the acquired business.