Since 1st March, Hajrah Sakauloo has taken over the reins of the Mauritius subsidiary of the Hongkong and Shanghai Banking Corporation (HSBC) as CEO and Head of Banking. She succeeds Greg Lowden, who oversaw a period of significant transformation, including the divestment of the retail banking business and the migration of 38,000 clients to Absa Bank Mauritius.

With her experience at HSBC since 1997, where she held strategic roles in various branches, Sakauloo brings valuable international expertise. Prior to her appointment, she was responsible for the wholesale bank, where she led initiatives to support the growth of international businesses.

Upon taking office, the new CEO expressed her honour at leading the team, highlighting the strength of client relationships and the importance of the bank’s global network. Philip Fellowes, Chairman of HSBC Mauritius, welcomed the appointment, highlighting Sakauloo’s expertise and his potential to lead the bank to further success.