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.