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About Us

Who we are?

Investment Support Programme (ISP) Limited, is a public company limited by shares,
incorporated in Mauritius on 5th July 2019 following budgetary measures 2019-2020.

Jairaj Sonoo C.S.K


Mr. Jairaj Sonoo, C.S.K, is the Chairman of The State Investment Corporation Limited (SIC), the Investment Arm of Government and holds directorship on various investee companies of SIC, such as SICOM and Mauritius Duty Free Paradise Co Ltd. He is also Chairman of the Investment Support Programme (ISP) Limited which is involved in the Government action to support economic operators through various schemes implemented under budgetary measures.

Mr. Sonoo has spent four decades in the banking industry, at both local and international level, including 38 years at State Bank of Mauritius Ltd, in various positions. He served as the Chief Executive Officer at SBM Bank (Mauritius) Ltd from September 2012 to August 2016 and Acting Group Chief Executive at SBM Holdings Ltd from November 2014 to September 2015. He occupied the post of Chief Executive Overseas Expansion of SBM Holdings Ltd from August 2016 to September 2017. During his tenure of office at SBM Group, he was responsible for overseeing the development and execution of the Bank’s international strategy through both organic growth and M&A. He also led the acquisition of a Kenyan Bank which marked the milestone for the Group’s entry into East Africa.

Mr Sonoo holds a Masters in Business Administration (MBA) from University of Surrey.

Our mission

Devise financial Schemes to assist enterprises to innovate by embracing new technology, digitalisation and ICT through private leasing companies, local banks and factoring companies for Micro entities, SMEs and MMEs.
Classification Turnover
Micro Entity Enterprises (MEE) Below MUR 10M
Small & Medium Enterprises (SME) Between MUR 10M to MUR 50M
Mid-Market Enterprises (MME) Between MUR 50M to MUR 250M

Our Board Composition

Ishwarlall Bonomaully


Namasivayen Poonoosamy


Mrs Fatwma Abdool Raman Ahmed


Mrs Lilowtee Rajmun-Jooseery


Kevin Ramkaloan


Yousouf Ismael


Dhiraj Rughoobur


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