Governance & Structure

Application received goes to Analytical Team.

Analysis of the Investment Appraisal from the Analytical team is then tabled to the Investment Committee (IC).

The IC makes recommendations to the MIC Board.

The MIC Board analyses the recommendations of the IC and takes a final decision on the application.

Application received goes to Credit Analytical Team.

Analysis of the Investment Appraisal from the Analytical team is then tabled to the Investment Committee (IC).

The IC makes recommendations to the MIC Board.

The MIC Board analyses the recommendations of the IC and takes a final decision on the application.

The Mauritius Investment Corporation Ltd (MIC) fosters good governance, enabling reliance on an institution’s internal processes and controls. The MIC is committed to adhere to the best practices and achieve the utmost level of responsible conduct, in line with the Code of Corporate Governance for Mauritius.

We believe in transparency, independence and good governance and we constantly promote this culture and ethos within our institution.

Our governance model is built on a clear delegation of duties and effective systems for control and supervision.

Accordingly, our Corporate Governance framework includes effective board oversight, strong risk management, effective internal controls, compliance with statutory requirements, and related areas.

In governance, we foster a culture that values the role and capacity of directors and their relationship with management. Our code of conduct plays a vital role in ensuring the safety and soundness of an institution; subsequently safeguarding the best interests of shareholders, clients and other stakeholders.

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