The State Trading Corporation (STC) of Mauritius has announced new appointments to its board of directors, effective October 2, 2026. Gilbert Shu, also known as Jyh Guang Shu, has been appointed as the part-time chairman of the STC. This move is part of a broader effort to revitalize the corporation's activities and implement government measures to combat high living costs. The appointments were made by the Cabinet of Ministers.
Jayen Chellun, who serves as the Secretary General of the Association of Consumers in Mauritius (ACIM), has been appointed to represent consumer interests on the STC board. The new board composition includes Salim Mohammad Ally Oozeer, Lead Analyst from the Ministry of Finance; Vasheel Seedoyal, Deputy Permanent Secretary from the Ministry of Commerce and Consumer Protection; and Vijay Kumar Mudhoo, Temporary Deputy Permanent Secretary from the Ministry of Energy and Public Utilities.
The STC's new board also includes Nawsheen Sairally, representing the Ministry of Financial Services and Economic Planning; Shreeganesh Ganga, representing the Mauritius Ports Authority; and Veereindre Mussai, an independent member. These appointments aim to bring diverse perspectives and expertise to the corporation. The STC plays a crucial role in Mauritius' economic landscape, and these changes are expected to enhance its operations.
The government's decision to revamp the STC board is part of its efforts to address the high cost of living in Mauritius. By injecting new leadership and perspectives, the government hopes to accelerate the implementation of measures to mitigate the economic challenges faced by the island nation. The STC's role in regulating and managing strategic sectors of the economy makes its effective operation critical.
Gilbert Shu's appointment as chairman brings significant experience to the role, though details about his professional background are not provided. His part-time position allows for a balanced approach to leadership, potentially bringing fresh insights to the STC. The government's confidence in Shu's ability to lead the corporation is evident in his appointment.
Jayen Chellun's role as the consumer representative is particularly noteworthy, given the current economic climate in Mauritius. His position on the board ensures that consumer interests are directly represented, providing a voice for those affected by economic policies and market conditions. This appointment underscores the government's commitment to protecting consumer welfare.
The appointments to the STC board reflect the government's proactive approach to economic management in Mauritius. By strengthening the leadership of key institutions, the government aims to foster a more resilient and responsive economy. The impact of these changes will be closely watched by stakeholders, including consumers, businesses, and international partners.
Key points
- Gilbert Shu has been appointed as the part-time chairman of the State Trading Corporation in Mauritius.
- Jayen Chellun, Secretary General of the Association of Consumers in Mauritius, will represent consumer interests on the STC board.
- The appointments are part of the government's efforts to revitalize the STC and address the high cost of living in Mauritius.
