“We recognise that having highly skilled and motivated employees is crucial to our Group’s success in the long term, and we have made considerable progress in implementing the Human Capital strategy announced last year.”
It is my privilege to present IBL Ltd’s Integrated Report for the 2017-18 financial year. Our Group has seen strong growth, with turnover up 11% and profit before tax up 22% year on year. I firmly believe that IBL is now well-positioned to deliver strong and sustainable growth, today and in the long term.
In the past year, we have executed a substantial part of the three-year strategy set out in last year’s integrated report. Its aim is to strengthen IBL’s Mauritian core while expanding regionally and internationally, positioning us as the region’s leading diversified group. In order to create ongoing value for our stakeholders, we have continued to transform our Group and our business model (see p. 56 for an illustration). Our Corporate Centre functions now work more closely with our operations’ management teams to help them achieve robust, sustainable growth. We have also created a number of key roles that allow us to take a Group-level view of innovation, strategy, internal audit, risk and sustainability. These include a Group Head of Corporate Services, a Head of Risk Management, Compliance & Regulatory Affairs; Ethics Officer and a Group Strategic Innovation & Excellence Executive.
