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Death of Pierre Guy Noel
Until his retirement in 2021 at the age of 65, Pierre-Guy Noël, a Mauritian businessman, held the positions of Chief Executive Officer and CEO of MCB Group Ltd, the largest banking organization in Mauritius. He resigned, but after the court verdict, he was re-appointed as general manager. With 1,328,642 shares or 0.55 percent of the corporation, Noël’s influence goes beyond MCB as he holds important positions in 19 other companies. His current positions as Chairman and CEO of The Mauritius Commercial Bank (Mozambique) SA and director of several subsidiaries demonstrate his long-lasting impact on the financial environment in Mauritius and beyond.
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It is with great sadness that we inform you that on the evening of December 27, 2023, Pierre Guy Noel, former president of the Management Board of the MCB Group, passed away. His resignation closes a chapter in the history of MCB Group. Pierre Guy was a visionary leader who led the company to new heights for 27 years. Its influence is closely related to the development, diversification and globalization of the group’s banking and non-banking activities. In addition to being a top leader, Pierre Guy Noel was the driving force behind MCB’s development into new markets and sectors, ensuring the sustainability of the organization for generations to come. Outside the commercial world, he played a key role in developing a highly compassionate corporate culture, leaving a lasting impact on the organization, the country and society at large.
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We send our deepest sympathies to his family and other loved ones as we mourn the passing of this legendary character. The entire MCB family, which includes staff members and board members from all of the company’s subsidiaries, pays tribute to Pierre Guy for his remarkable 27 years as CEO, which shaped the company’s direction. It is with sadness that we say goodbye to the titan of the financial industry, Pierre Guy Noel, former CEO of MCB Group, who passed away peacefully on December 27, 2023.
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Source: HIS Education