Accresco welcomes its new Management Team

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Subject: Accresco welcomes its new Management Team

Dear Friend,

Accresco Investment Management is pleased to announce that Bhavik Desai has been appointed as its General Manager and Oliver Mller as its new Chief Investment Officer.

These strategic appointments come at an inflection point in time as Accresco aims to give a new thrust to the business, and the leadership change is a stepping stone in achieving this vision.

Bhavik Desai | General Manager

A veteran in financial analysis, Bhavik has over XX years of experience in stock trading, equity research and corporate finance. During his rich 12-year tenure at Axys, Bhavik has accumulated extensive knowledge of the Mauritian financial services sector, delivering quality equity research, valuations and fixed income analysis for securities listed on the Stock Exchange of Mauritius. He later on took the role of Head of Research and pironeered the acclaimed 'Axys Dite Gramatin', coupled to insightful fixed income reports and in-depth equity research papers. Prior to joining Accresco, Bhavik was an Assistant Director at Perigeum Capital, a corporate finance firm headquartered in Mauritius.

Oliver Muller

Oliver is a seasoned financial markets’ professional with over 25 years of experience. He has spearheaded responsibilities in Asset Management, Stock Broking, Investment Banking, Private Banking, Global Custody and International Banking in both in leading local and international firms, including JPMorgan, Merrill Lynch and Deutsche Bank. Prior to relocating to Mauritius and working for AfrAsia Bank (Relationship Manager – International Financial Intermediaries) and Confident Asset Management (Head of Institutional Asset Management), Oliver was an Executive Director at J.P. Morgan Securities, whereat he played an instrumental role in building a market-leading Equities platform in Germany.

Accresco remains confident that the proven leadership of Bhavik and international expertise of Oliver will be key drivers pillaring the sustainable growth and meaningful success of the brand.

The new Management Team has the full support of the Board in executing its strategy and leading the operations of the business and we wish to reassure you of a smooth transition into office.

Should you wish to have more information, you may email the team at info@accresco.mu.

Kind Regards,

Board of Directors

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Subject: Accresco welcomes its new Management Team