Our team of experienced and dedicated professionals are responsible for the business strategy while ensuring higher returns to our shareholders and seamless customer service.
Mr. Kris (Lakshmana) Lutchmenarraidoo is the Chief Executive of SBM (NBFC) Holdings Ltd since 15 January 2017. He is a seasoned banking professional with over 40 years’ experience across the banking and financial services sectors.
During the 13 years he spent at SBM, he held various positions across the bank namely Branch Manager, Head of Internal Audit, and Assistant General Manager. He then moved on to occupy the highest positions in various prominent entities such as Mauritius Leasing Company Ltd, Mauritius Post Ltd, Mauritius Post and Cooperative Bank Ltd, La Prudence Mauricienne Assurances Ltée and Mauritius Union Assurance Co. Ltd, where he held the position of Group CEO from January 2011 to December 2014.
Subsequently he was appointed as Group Managing Director at Phoenix East Africa Assurance Company Ltd., based in Kenya and supervising operations in Kenya, Tanzania, Uganda and Rwanda, post occupied up till July 2016. Mr. Lutchmenarraidoo holds a Banking Diploma from FinAfrica Institute, Milan, Italy.
Shomika Luchmun has more than 15 years of senior management experience across various fields within banking and non-banking financial sector, both in Mauritius and internationally. He has held directorship position in proprietary funds, contributing towards performance and strategic growth.
He started his professional career with Coopers & Lybrand in the Global Business sector, before joining Standard Bank Trust, acquiring knowledge around efficient global tax structures, including fiduciary services, Trust and fund administration.
In 2004, Shomika began his banking career with Standard Chartered Bank, initially heading the legal and compliance function, before taking additional responsibility for the Bank’s risk function. His next career move was to HSBC Mauritius in 2008 as Head of Securities Services and Head of Payments as Cash Management, where several “First in market” moves were achieved – Foreign Institutional Investments, first Global Custodian Bank, and EuroMoney Best Cash Manager award for 4 consecutive years.
2014 saw a prominent international exposure at HSBC Middle East (Dubai based) as Regional Head of Payments Services, responsible for 9 HSBC markets, focusing on enhancing Product and Operational capabilities, as well as client service levels. He then decided to return back to Mauritius in 2016, joining the management team of SBM Bank, 2nd largest bank of the island, leading its Global Business and subsequently the non-banking financial services of SBM.
Reedhee Bhuttoo is an Associate member of the Chartered Institute of Securities and Investments (UK). She also holds an Advanced Professional Diploma in Marketing from The Chartered Institute of Marketing (UK) and a Degree (Hons) in Economics from the M.S University of Baroda, Gujrat, India. She is currently the Head of SBM Securities Ltd, member of the SBM Group of companies. She is also currently a Non-Executive Director of the Stock Exchange of Mauritius and the Central Depository and Settlement Co Ltd and the President of the Port Louis Stockbroking Association.