Mr. Jacques de Navacelle holds a Maitrise de Philosophie and is a graduate of the Institut de Commerce International. After 27 years with the Barclays Group in France, South Africa and Mauritius where he rose to the position of CEO and served in this post for 7 years, he went on to become the MD of Mauritius Union Insurance, the second largest Insurance Group in Mauritius until 2011 when he retired. During the last 15 years he has held various directorship positions and was Chairman on the board of several companies in Mauritius in sectors such as Sugar, Hotels, Electricity, Civil engineering and construction, real estate investment. He was the Chairman of the Joint Economic Council for two years and Chairman of Transparency Mauritius. Today he is Chairman of EXPAND Technology a Mauritius based company specialized in international payment systems actively involved in several African countries.