On November 29, 2023, during the Asset and Wealth Management
event in Mauritius, Minister Mahen Kumar Seeruttun emphasized the
importance of sustainable development in economic activities. The
event, organized by PricewaterhouseCoopers (PwC), was attended by
various PwC leaders and other distinguished personalities. Minister
Seeruttun highlighted Mauritius's strategic role in global
finance, particularly in asset and wealth management, due to its
location between Africa and Asia. He stressed the country's
strong financial infrastructure, regulatory framework, and skilled
workforce, essential for a secure and compliant environment for
investors.
The Minister acknowledged challenges in the sector, including
regulatory compliance and talent retention, viewing them as
opportunities for growth. He also noted Mauritius's role in
attracting foreign investment in Africa and the upcoming
introduction of a new ESG Framework to enhance the nation's
global standing.
