The Team
Ascencia entrusts the property, asset and fund management of its seven distinguished malls to EnAtt, a subsidiary of ENL, renowned for its expertise in the field. Working in collaboration with EnAtt is Atterbury, a leading South-African real estate developer, recognised for its exceptional track record.
In addition to property asset management, Ascencia also benefits from various other services by the Management office of the ENL and Rogers groups. The latter is responsible for internal audit, and company secretarial services for Ascencia.
By synergising the capabilities of EnAtt, Atterbury, and ENL & Rogers Management Services, Ascencia achieves an unrivaled level of proficiency across all aspects of its operations.
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Board of Directors
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Management Team
Date of Appointment: 28 June 2007
SC and CGC – Member
Qualifications
- BSc in Agricultural Economics (University of Natal, South Africa)
- MBA (London Business School)
Professional Journey
- Worked for CSC Index in London as Management Consultant from 1994 to 1997
- Joined Rogers in 1997
- Was appointed Chief Executive Officer in 2007
Skills
- Proven experience of mergers and acquisitions, business turnaround and transformation
- Extensive expertise with strategy development and execution
- Inspiring leadership with senior management in the Rogers Group’s four served markets, FinTech, Hospitality, Logistics and Property
Currents External Commitments
- Chairman of Velogic Holding Company Limited, Ascencia Limited, and the Commission on the Promotion of Sustainable and Inclusive Growth in Mauritius of Business Mauritius.
- Partner member and associate on ATAF Board.
Current external directorship in listed companies
- Velogic Holding Company Limited, Ascencia Limited, Swan Life Ltd and Swan General Ltd.
Date of appointment: 30 October 2019
Qualifications
- Master in Business Administration
- BSc (Hons) Finance
- Certificate in Business Accounting
- Chartered Institute of Management Accountants (CIMA)
Professional journey
- Started her career as Investment Executive at Cim Property Fund Management Ltd
- was employed by Rogers and Company Limited as Investment Executive before joining Foresite Ltd as the property asset manager
- became the Fund Manager of Ascencia Limited
- was thereafter appointed as Head of Projects and Corporate Advisory at Rogers Capital Ltd
- joined Grit Real Estate Income Group Ltd as Chief Investment and Corporate advisory Officer
- currently the Chief Projects and Sustainability Executive at Rogers and Company Limited
Value-added to the Board
corporate finance, valuation, investment appraisal, investor relations, fund management, capital raising, project management and business development
Date of Appointment: 25 June 2015
CGC and SC – Member Qualifications
- Member of the Institute of Chartered Accountants in England and Wales
Professional Journey
- Started his career in 1999 with Ernst & Young (now EY) in London
- In 2003, he moved to BDO De Chazal du Mée (Mauritius)
- In 2006, he was appointed Manager of Corporate Finance at PWC
- Joined the Rogers Group where he was appointed Managing Director of Foresite Property Fund Management Ltd in 2009 and Chief Projects & Development Executive of Rogers in 2014
- He was appointed Chief Finance Executive of Rogers in 2017
Skills
- Detailed knowledge of the Company’s activities and business, having previously occupied the position
of Fund Manager
- Strategic and commercial understanding
- Team management skills
Current External Commitments
- Treasurer of École du Centre
- Director of the Blue Penny Museum
Current External Appointments in Listed Companies
- Rogers and Company Limited
Date of Appointment: 26 August 2014
CGC – Member
Qualifications
- LLB (University of Buckingham, United Kingdom)
- Master’s degree in Private Law (University of Paris II Assas)
- Called to the Bar (Middle Temple, UK)
- Called as “Avocat à la Cour d’Appel de Paris”
Professional Journey
- Practised as a Barrister-at-Law in Mauritius from 1982 to 1987
- Joined the law firms, SCP J.C Goldsmith & Associates, and thereafter SCP Azema Sells in Paris, France
- In 1995, he created his own Chambers in Paris exercising mainly in Business Law.
- Participated in the setting up of the Chambers, “Fourmentin Le Quintrec Veerasamy et Associés” in 1997 (now FLV& Associés (aarpi)), currently comprising 9 partners and dealing with Litigation, Arbitration and Business Law
- Since 2014, he is based in Mauritius as responsible partner of the Mauritius office of FLV & Associés (aarpi) and has resumed practice at the Mauritian Bar on a permanent basis
Skills
- Sustained experience as director of listed companies in Mauritius
- Significant experience in alliances, ventures, partnerships and arbitration
- Strong strategic and financial skills
Current External Commitments
- Member on the “Comité Français d’Arbitrage”
Current External Appointments in Listed Companies
- Sun Limited
EDUCATION
: Bachelor of Science, Major in
Biochemistry and Botany – Australian
National University (1983 – 1987)
: Diploma in Public Administration and
Management – University of Mauritius
(1990 – 1992)
: Management of the Exclusive Economic Zone – International Ocean Institute (1990)
: Certificate on La Bonne Gouvernance et La Réforme de LÉtat – Institut Internationale DÁdministration Publique/L’Ecole Nationale d’Administration (2001)
: Advanced Management Programme – Clare College, University of Cambridge (2005)
BOARDS AND COMMITTEES
- As Secretary of the electoral Supervising Commission and Electoral Boundaries Commission from 1996 to 2005, I had the opportunity to assist the Commission in the delimitation of the boundaries of Mauritius and Rodrigues and in the organization of the Village Council, Municipal and General Elections.
- Board Director of a number of Parastatal Bodies and Government Owned Organisations. Had the opportunity to chair the Mauritius Housing Company Ltd, Employees Welfare Fund and Development of Mauritius during my posting at the Ministry of Finance and Economic Development.
CAREER HIGHLIGHTS
• Representing Mauritius in various International and Regional Organisations (viz SADC, COMESA, UN, ICAO) by being part of the Mauritian Delegation and also as Head of the Mauritian Delegation.
• Forming part of negotiating team in various sectors viz Aviation, Port, Hydrography amongst others.
• Being the Coordinating Officer for organising the Arrival Ceremony of Heads of States at the Airport – the main ones being those of the President of China, Prime Minister and President of India, the Pope and various Heads of African States.
• Coordinating various activities during the Covid Pandemic related to Port and Airport Sectors.
• Handling land acquisition and planning issues related to major projects like Urban Terminal Projects, Metro Express, Smart Cities, Foreign Investments and construction of 12,000 houses.
Date of Appointment: 03 April 2014
Qualifications
- Member of the Institute of Chartered Accountants in England and Wales
Professional Journey
- Worked for Coopers and Lybrand in London
- Worked with De Chazal du Mée in Mauritius
- Past Chairman of the Board of Rogers and Company Limited
- Past President of the Mauritius Chamber of Agriculture
- Past President of the Mauritius Sugar Producers’ Association
- Past President of the Mauritius Sugar Syndicate
Skills
- CEO experience across diversified sectors
- Significant experience in alliances, ventures and partnerships
- Strong financial skills and strategic understanding
Current External Commitments
- CEO of the ENL Group
- Chairman of New Mauritius Hotels Ltd
- Chairman of Bel Ombre Sugar Estate Ltd
Current External Appointments in Listed Companies
- Rogers and Company Limited
- ENL Limited
- ENL Commercial Limited
- ENL Land Ltd
- New Mauritius Hotels Ltd
- Tropical Paradise Co. Ltd
Date of appointment: 12 November 2020
Qualifications
- BA (Hons.) Accounting and Finance – University of Manchester, UK
- MSc (International Business and Management) – Manchester Business School, UK
- Member of the Institute of Chartered Accountants in England and Wales (ACA)
Professional journey
- Started his career at Intercontinental Trust Ltd and formed part of a fund administration and thereafter capital markets advisory team.
- Part of the founding corporate finance team at Perigeum Capital Ltd.
- Joined Rogers Capital in 2018 and was in charge of the day-to-day operations of its corporate advisory division.
- Currently Chief Investment and Development Officer at Rogers Capital.
Skills
- Proven experience in M&A and deal brokering; capital raising; financial structuring/restructuring; financial due diligence; financial modelling; financial advice on listings and valuations.
Current External Commitments
- Representative of Investment Adviser (Unrestricted) Licence of Rogers Capital Investment Advisors Ltd
Current External Appointments in Listed Companies
- None
A seasoned and non-conventional Chartered Secretary with 15+ years’ experience in Company Secretariat, Board practices, Mergers and Acquisitions, Regulatory Compliance and Corporate Governance. Sharon holds a BA (Honours) degree in Business Law and International Business from University of North London (currently known as London Metropolitan University) and is also an Associate of the Chartered Governance Institute UK.
With over 15+ years of experience as a governance practitioner in listed and unlisted organisational structures across different industries, both from local and international perspectives, Sharon is uniquely placed to bring experience, value and a ‘can do’ approach to the organisation.
Sharon is also a member of the Cosec Circle in Mauritius.
Date of Appointment: Tuesday 29 August 2023
Qualifications
- University of Pretoria ‐ Bachelors of Arts Degree 1996
- University of Pretoria – Senior Management Certificate 1997
Professional Journey
On Tuesday 29 August 2023, Ms. Lucille Louw was appointed as Non-Executive Director to the Board of Ascencia Limited. She has been a dedicated member of the Atterbury Property Group for over two decades. During her extensive 20-year tenure, she has accumulated a wealth of experience across various facets of the organization and was primarily responsible for overseeing the asset management of all assets in the Atterbury Group. Presently, she holds the position as an Executive Director in Atterbury Property Holdings.
Date of appointment: 18 September 2023
Qualification
- BSc (University of Cape Town, South Africa)
- BSc (Hons) (Louisiana State University, USA)
- Master of Business Administration (INSEAD Fontainebleau, France)
- Directorship Programme: Leader to Leaders
- Collegiate Leadership Tutorial
Professional journey
- Started employment with the Food and Allied Group (now Eclosia Group) in 1990 and was appointed Group Operations Director in 2000.
- Joined the ENL group in 2007 as Executive Director and CEO of the ENL Property. Since July 2015, Gilbert is the Chief Executive Officer of New Mauritius Hotels Ltd.
- Chaired the Mauritius Chamber of Commerce and Industry in 2001, of the Joint Economic Council in 2002 and 2003 and of the Mauritius Sugar Producers’ Association in 2008 and 2014.
- Gilbert Espitalier-Noël has extensive experience in the agro-industrial, property and hospitality sectors.
Date of Appointment: 25 September 2023
Madhavi Ramdin Clark has been appointed as a Director on the Ascencia Limited Board. Madhavi's impressive career achievements, notably her recognition as one of CEO Global's Most Influential Women in Business & Government, highlight her exceptional expertise. With extensive leadership roles at ACCA and the National Computer Board under her belt, Madhavi brings invaluable insights to our team.
Professional Journey
- Market Head, ACCA Mauritius and New Markets; Mauritius, July 2022 to date
- Market Head, ACCA Mauritius and the Seychelles; Mauritius, March 2010 to June 2022
- Manager, Business Development, National Computer Board (NCB); Mauritius, July 2008 – February 2010
- Assistant Manager, Business Development and Promotion, NCB; Mauritius, April 2004 – June 2008
- Investment Executive, Board of Investment; Mauritius, April 2002 – March 2004
- Marketing Executive, Tourism Regional Office and White Sand Tours, Ireland Blyth Limited (IBL); Mauritius, December 1999 - March 2002
- Head of Sales, Cargo Express; Mauritius, October 1999 - December 1999
- Technical Support and Research Officer, ABTEL Ltd; Dunfermline, Scotland, October 1998 – April 1999
- Sales Assistant and Guide, Amaze’n Laberintos; Minorca and Mallorca, Spain, July 1998 – September 1998
- Private tutor, University of Stirling, Scotland, and Ruprecht-Karls University, Heidelberg, Germany; 1995 – 1997
Education and training
Project Leadership Certification (Team SYNthesis, Mauritius, February 2008)
• Advanced Certificate in Overseas Trade following an Export Graduate Training Programme (The Institute of Export, London, February 1998)
• BA Triple Honours in Modern Languages (Spanish and German) with Business Studies (University of Stirling, Scotland, July 1998)
• German Language and Culture (Ruprecht-Karls University, Heidelberg, Germany, August 1996)
• General Certificate of Education, Ordinary Level, in Hindi (1991)
• Secondary education in Kenya and Djibouti leading to French Baccalaureate (1994)
• Emotional Intelligence
• Neuro Linguistic Programming
• Business Ethics
• Customer Value creation
• Successful sales and negotiation conversations
• Personal coaching on strategic and high-performing leadership
• Conflict Management
• Effective Knowledge Management Implementation
• Service Culture Management
• Career Planning
Membership of Boards and Committees
Current
Mauritius Oil Refineries Ltd (MOROIL) Board, Independent Non-Executive Director
National Council of Business Mauritius, Treasurer
Social Capital Commission of Business Mauritius, President
National Committee on Corporate Governance, Member
National Productivity and Competitiveness Council, Member
MIOD-KPMG Audit Committee Forum, Member
Previous
Business Mauritius Covid-19 HR Crisis Committee, President
Mauritius Revenue Authority, Member of Consultative Groups
MCCI Arbitration and Mediation Centre, Member of the Commission for Strategy and Development
Community involvement (past and present)
- Rotary Club of Port-Louis - Member
- Mauritius Red Cross – Certified First Aider and part of administration team of Vacoas Branch
- JCI Mauritius – successively Member, Vice-President (Public and International Relations) and Executive Assistant to the National President
- Cancer Research Fund, Scotland – fund raiser
- Stirling University Students’ Association - Welfare Adviser
- Youth leagues – fund raiser and public speaker
Skills
- Leading and adapting to change.
- Decision-making and problem-solving.
- Media relations and articles.
- Public speaking.
- Coaching.
- Fully bi-lingual English- French. Fluent in Spanish, German, Hindi and Creole. Conversational Swahili.
Recognition and awards
- Regional Winner in the Business and Professional Service sector of CEO Global’s Most Influential Women in Business & Government 2017 Awards.
- Country Winner in the Business and Professional Service sector of CEO Global’s Most Influential Women in Business & Government 2017 Awards.
- Featured in the 2016 edition of 100 Most Influential Women in Mauritius.
Date of Appointment: 29 March 2024
Qualifications
- BA(Honours) in Economics
- Associate member of the Institute of Chartered Accountants in England and Wales
- Holds an MBA from Cranfield University
Professional Journey
- He was Senior Manager at De Chazal du Mée’s Consulting Division, specialising in financial and strategy consulting.
- He joined MCB in 1995 and was Project Director for the Business Process Re-engineering exercise of the bank.
- He successfully launched the leasing, factoring and private banking services while also being responsible for Structured Project Finance within the Corporate Banking division.
- Alain was the Head of the Retail SBU, responsible for the Affluent, Individual, Small and Medium business customer segments, the multi-channel distribution, including the branch network, as well as the “Retail Product” and “Operations and Service” units.
- He was appointed Chief Executive Officer of MCB in April 2017.
- He was the Chairperson of the Mauritius Bankers Association Ltd for two consecutive years until June 2021.
Currents External Commitments
- He is currently a director of MCB Forward Foundation, a subsidiary of MCB Group Limited.
Date of appointment: 24 June 2024
Qualifications: Chartered Accountant from the Institute of Chartered Accountants in England & Wales
Professional journey:
- Joined ENL in August 2007 and presently the Chief Executive Officer of ENL Property Limited
- Previously worked at PwC Mauritius
Skills & Experience
- More than 10 years of experience in the property developments of ENL group
- Modern leadership skills
- Driven by his vision to be a trendsetter regarding sustainable urban development
- A strong proponent of the pluridimensional role of business
Date of appointment: 24 July 2024
Qualifications
- MSc International Business & NCT Projects
- BSc Business, Economics & Finance
- French Baccalaureate (Scientific)
Professional journey
- During her 5-year tenure at Sanofi across Lyon, Paris, and Atlanta, she was actively engaged in Lean Management, Supply Chain and Strategy and transitioned from apprentice to project manager.
- Startup Manager - Urafiki: with the founder, designed and launched the company to address the problem of unsold distributor stocks, including items with aged or damaged packaging, near-expiry, or overstocked inventory. Oversaw daily operations and managed the team.
- Supply Chain & Logistics Consultant - Simera: provided consulting services to local clients, focusing on stock optimisation and logistics, including infrastructure, IT, processes, and organisational structures.
- Project Manager - Eclosia Corporate Services: partnered with the Finance Team and CFO on corporate projects, including the acquisition of Vatel Mauritius and the implementation of Lean initiatives.
- Leadership Academy Manager - Charles Telfair Education Group: managing the operations of the Leadership & Management training center catering to local businesses, designing and delivering tailored programs to annual cohorts of over 500 participants. Coordinating a network of 30+ trainers and an offer of 50+ modules.
Simon Harel, an experienced professional, has taken over as the new CEO at Ascencia as of January 15, 2024. His experience at leadership level, and his prior involvement with Ascencia, particularly in his role as Asset Manager, position him ideally to further drive the company’s growth.
Simon holds a Bachelor of Commerce in Accounting and Finance. He is also a member of both the Chartered Accountant Australia & New Zealand and the Chartered Financial Analyst Institute. His financial background and experience in operations have been instrumental in his successful leadership and transformation roles across various organisations.
Born in 1990, holder of a BEng(Hons) Mechatronics from the University of Mauritius & a Master in Business Administration with Project Management from the University of Technology of Mauritius. He was previously a Lift Project Engineer at Manser Saxon Elevators, undergoing major repair & maintenance and installations throughout the island. Antish joined the company in July 2018 as an Operations Manager and subsequently took on the role of Centre Manager for Phoenix Mall. He currently holds the Operational Excellence Manager.
His favourite quote is ‘A leader is one who knows the way, goes the way, and shows the way.’ John C. Maxwell
Born in 1992, Sophie holds a Bachelor's degree in Marketing & Management. She joined the company in April 2022 as the Digital Manager, where she spearheads the development of our digital roadmap, facilitating personalised and targeted communications strategies. Sophie's passion lies in meticulously analysing tenants' performance and studying customers' trends. She collaborates closely with the mall marketing team in planning and implementing a diverse range of impactful campaigns and activations throughout the year.
Ashvin has more than 15 years’ financial auditing and accounting experience. He started his career as an auditor at BDO and EY where he left as an audit manager in June 2009, to join ENL Property before moving as the Head of Finance of Ascencia Group and EnAtt Limited. Prior to joining Rogers, Ashvin was for the past three years the Group Finance Manager of Africa Property Development Managers Ltd and Gateway Real Estate Africa, a private real estate company where its main activities were the development of real estate project across Africa. His responsibilities included the full ambit of financial and accounting practices, fund raising and involvement in development projects from a finance and accounting perspective.
His hobby is playing football and his motto: “We only live once”
Stephania holds a Diploma in Business Communication and a Postgraduate Diploma in Business Management. With 10 years of experience at a public relations agency in Mauritius, she managed a diverse portfolio of clients, specialising in public relations, crisis communication, media relations and branding. She later moved to Reunion Island as Directrice d'agence, contributing to the agency’s expansion in this new market. There, she adapted to a different environment and collaborated with diverse teams and clients.
Since 2020, she has transitioned into the corporate world, working within Rogers and ENL Groups, specialising in corporate and financial communication for both internal and external audiences.
In line with her belief in empowering others, she volunteers in various community initiatives. Notably, she has supported Chrysalide in helping women recovering from drug abuse to express themselves and work towards independence.
Yaaser graduated from the University of Strasbourg France and is a member of the International Society of Neuro-Semantics, USA as certified Meta-Coach (ACMC). Yaaser worked as Learning & Development Coordinator within the Strategic HR & Talent department at RT Knits Ltd and as coach & consultant at Unlock Potential Company Ltd and Mauritius Sugar Syndicate.
Born in 1991, Robert holds a Bachelor of Commerce majoring in Financial Accounting, Finance Investment and Finance Corporate from the University of Western Australia. He is currently completing the ACCA programme. He started his career in 2013 as Auditor with BDO De Chazal du Mée before joining the Rogers Group in 2015. Since then, he has been working on fund management at Ascencia, as well as being involved in various projects within the Rogers Group. Currently, Robert holds the position of Asset Manager.
His mission is to implement investments strategies, monitor, analyse and report the business financial and operational performance, with the aim of delivering superior return, to the Company shareholders.
His favourite quote is: “Try not to become a man of success. Rather become a man of value.” Albert Einstein
Born in 1982, Parama is a member of the Association of Chartered Certified Accountants. He has more than 15 years’ experience in finance with local companies operating in the insurance, medical and property fields. He joined EnAtt Ltd in July 2015 as Accountant and has since been responsible of the finance function for several properties. Parama now holds the position of Asset Manager.
Born in 1987, I hold a BA(hons) Business Management (Finance Major) from Northumbria University and started my career at Bramer Asset Management as Assistant Accountant from 2012- 2015. I then joined Medine Property from Aug 2015 – Jan 2023 holding different positions including Development Executive and most recently Asset Manager where I had the privilege of overseeing diverse property portfolios, ensuring seamless operations, and maximising the value of each asset. Currently, I am proud to serve as centre manager at Ascencia where I bring my passion for effective leadership and organisational excellence.
As a centre manager, I embrace challenges with enthusiasm, continuously striving to exceed expectations and drive success for the company.
Jean Patrice holds a BSc(Hons) Accounting with Finance from the University of Technology, Mauritius.
He was previously working in the finance department of Explast Ltd, Pallagames Ltd, Tower Bridge Projects and Broll Property and Facilities Management Ltd.
He Joined the company in April 2019 as Property Accountant and has been working on the following portfolio Bagatelle Mall, Head-Office, Bo’Valon Mall, Phoenix Mall and Rogers House. He was promoted to Centre manager of Bo’Valon Mall in July 2022
Professional Qualification: ACA from the Institute of Chartered Accountants in England and Wales
Career path: Started as an auditor at Grant Thornton then later moved to KPMG Mauritius. Joined EnAtt as Property Accountant in April 2021. Was promoted to Senior Accountant in Feb 2022 and Chief Accountant in July 2022. Recently been promoted as Centre Manager for So'flo in January 2023.
Born in 1985, Ashveen is a holder of a BEng (Hons) Electronics & Communication Engineering from the University of Mauritius, a PostGrad Diploma in Building Services Engineering from the University of Mauritius and a MBA in Innovation and Leadership from the Ducere Globa Business School. He was previously at Harel Mallac Technologies Ltd for a cumulated of 9 years where he designed and lead major ELV projects throughout the island. Ashveen joined the company in July 2022 as Centre Manager for Kendra and Les Allées.
His favourite quote is ‘When things do not go your way, remember that every challenge – every adversity – contains within it the seeds of opportunity and growth.” – Roy T. Bennett
Holding an MSc in Innovation, Entrepreneurship, and Management, along with a BA in Entrepreneurship and Management, Hector Espitalier-Noël has extensive expertise in business operations and strategic management. As the Centre Manager of Bagatelle Mall, he leads all mall operations, including tenant relations, leasing, and marketing.
Previously, he was a Managing Consultant at Genpact, focusing on digital transformation and IT process improvements across markets. Earlier roles included sales and digital marketing positions at Axess and ENL Limited, where he led successful projects in sales efficiency, marketing strategies, and brand promotion.
Beyond professional achievements, Hector is a responsible citizen, volunteering with Foodwise Foundation and contributing to community welfare by building a house for homeless people in 2019.
Holder of a Bachelor of Engineering with Honours (Civil Engineering) from the University of Western Australia, Giorgio handled numerous projects including commercial buildings, Hotels and water projects. With over 10 years of site-based experience, he previously led teams of up to 200 engineers, workers, foremen & sub-contractors. The holder of Holder of the Australian and European citizenships has a strong understanding of site Management & engineering design.
With over 30 years of experience in the textile industry, Amarr has specialised in quality management. His most recent role was as the Head of Quality at Aquarelle Clothing Limited, overseeing operations across Mauritius and Madagascar. In addition to quality, he managed compliance to ensure adherence to industry standards. He has honed strong leadership and management skills, led diverse teams to achieve enhanced quality outcomes, and implemented strategic initiatives to improve quality standards. His career has been marked by a commitment to excellence, ensuring the highest standards of product quality and customer satisfaction. He is now eager to bring his extensive expertise and passion to EnAtt.