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Ownership, Governance and Management

 
 

The shareholders of the CDS cover a wide spectrum of companies in the financial sector including the Stock Exchange of Mauritius which holds a majority of 51% of the shares.

 

The CDS Board of Directors is constituted to ensure the representation of various stakeholders and comprises representatives of:

 

- The Stock Exchange of Mauritius Ltd (SEM)

- Minority shareholders of CDS

- The Ministry of Finance and Economic Development 

- The Bank of Mauritius

 

The CDS complies with the Code of Corporate Governance for Mauritius and its Annual Report includes a detailed report on corporate governance measures that have been implemented by the company.  

 

The CDS is organized in three departments, namely: Systems, Operations, and Finance & Administration. The Legal department of the SEM provides in-house legal services to the CDS. The head of each department reports to the Managing Director.