ACM complete acquisition – AfrAsia Capital Management
In view of its ambition for strategic expansion, AfrAsia Bank Limited has acquired the remaining 50% stake from Axys Capital Management, which became effective on 30th September 2013, and the entity was rebranded as AfrAsia Capital Management (ACM). The combination of these two successful companies is meant to bring value-driven growth while creating significant density in our key markets and further leverage our business model in the region.
Africa Rising: MIOD-IODSA International Conference
Focusing on corporate governance and sustainability, the international conference ‘Africa Rising’ took place at the Hilton Resort Mauritius, in October 2013 where AfrAsia Bank was the platinum sponsor of the event. Kamben Padayachy, Deputy CEO of AfrAsia Bank, Head of Global Banking, Treasury and Markets, spoke on ‘Investment opportunities and risks in Africa’.
AfrAsia World of Art
On 3rd October 2013, AfrAsia Bank introduced the AfrAsia World of Art in collaboration with 3A The Excellence of Art. To mark the launch event, the Bank was honoured to welcome Joseph Klibansky whose work has been exhibited in galleries around the world including London, Amsterdam and Paris. The attempt to mix and match banking with fine arts is another expression of AfrAsia Bank’s unabated quest for excellence.
AfrAsia World of Art regularly hosts exhibitions and artworks from renowned international artists such as Omar Galliani, Simon Back and Olivier Tops, together with celebrated Mauritian artists. The gallery also showcases the Bank’s private art collection.
AfrAsia Tecoma Award 2013
On Friday 11th October, Vincent D’Arifat, General Manager of Précigraph, was recognised “Entrepreneur of the Year 2013” at the AfrAsia Tecoma Awards gala night.
As entrepreneurial relationship bankers actively building bridges between Africa, Asia and the rest of the World, AfrAsia Bank Limited’s involvement in the AfrAsia Tecoma Awards demonstrates its commitment to foster entrepreneurial spirit while also recognising the exceptional achievements of business leaders in their respective industry spheres.
WCA Executive Investment Sunnit and CEO 2013
AfrAsia Bank sponsored the WCA Africa Investment Summit & CEO Forum held in November 2013, focusing of investment business connections and private wealth investing.
CEO James Benoit was a speaker on a discussion forum themed ‘Family Offices, Alternate & Private Wealth Investment Vehicles’.