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Pierre Guy Noël Death
Until his retirement in 2021, at the age of 65, Pierre-Guy Noël, a Mauritian businessman, held the positions of Managing Director and Chief Executive Officer of MCB Group Ltd, the largest banking organization in Mauritius. He resigned, but after a court ruling he was reappointed CEO. With 1,328,642 shares or 0.55 percent of the company, Noël’s influence goes beyond MCB because he holds important positions in 19 other companies. His current positions as Chairman and Director of The Mauritius Commercial Bank (Moçambique) SA and Director of several subsidiaries demonstrate his enduring influence on the financial environment of Mauritius and beyond.
We inform you with great sadness that Pierre Guy Noel, former CEO of the MCB group, passed away on the afternoon of December 27, 2023. With his resignation a chapter in the history of the MCB Group closes. Pierre Guy was a visionary leader who led the company to new heights for 27 years. His influence is closely linked to the evolution, diversification and globalization of the group’s banking and non-banking activities. In addition to being an excellent leader, Pierre Guy Noel was the driving force in MCB’s development into new markets and sectors, ensuring the sustainability of the organization for future generations. Outside of the business world, he played a key role in developing a highly compassionate corporate culture, creating a lasting impact on the organization, country and society at large.
We send our deepest condolences to his family and other loved ones as we mourn the passing of this legendary figure. The entire MCB family, which includes staff and board members from all the company’s subsidiaries, pays tribute to Pierre Guy for his extraordinary 27 years as CEO, which shaped the direction of the company. We sadly say goodbye to a titan of the financial industry, Pierre Guy Noel, former CEO of the MCB Group, who passed away peacefully on December 27, 2023.
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