Johannesburg 28 July 2016
Cim Global Business, Mauritius’ largest fund administrator and provider of corporate and trust structuring and administration services, has opened a representative office in the heart of Sandton. Already with a strong presence in Asia managed from its office in Singapore, Johannesburg adds an on-the-ground African capability to Cim’s global offering.
The official launch took place on the 28 July 2016 at Michelangelo Hotel in Sandton, Johannesburg.
“The opening of our Johannesburg office will bring us closer to our African clients, positioning us to leverage growing flows of investment into Africa,” said Graham Sheward, Managing Director of Cim Global Business during his speech.
Cim Global Business will be targeting South African private equity, hedge and mutual funds, along with multinational companies, asset and fund managers, including development finance institutions, institutional investors and family offices.
“Mauritius is the leading International Financial Centre in which to domicile businesses and services aimed at leveraging sub-Saharan African growth,” explained Sheward.
Cim Global Business covers the full range of business services. “We have extensive experience at providing accounting services, tax advice, legal services as well as assisting global business companies and domestic entities to list on the Stock Exchange of Mauritius. Our Johannesburg office is fully equipped to help South Africans identify and realise African opportunity,” explained Sheward.
Willem van der Berg will be leading Cim Global Business’ African strategy out of Johannesburg. Commenting on his appointment, van den Berg said, “I am delighted to be leading Cim Global Business’ team in Johannesburg and look forward to growing our client business on this exciting continent.”
Van den Berg added, “Cim Global Business strength in structuring the administration of cross border companies in and from Mauritius or Singapore adds an exciting new capability to how South Africans engage with Africa.” To this end, Cim Global Business is pro-actively developing new products to leverage African opportunities, like Professional Services Outsourcing Solutions or FATCA/CRS services.
Van den Berg has an impressive track record in global business developed at Geneva Management Group where he headed the Africa desk. He has also worked as an International Tax Manager at PWC. Van den Berg has a LLM from Vienna University of Economics and Business Administration, and a LLB from the University of Stellenbosch.
Notes to Editors
Cim Global Business is the leading fund administrator and corporate services provider in Mauritius with assets under administration exceeding USD150 billion. The firm has offices in Mauritius, Singapore and South Africa providing corporate, fund, trust formation and administration as well as outsourcing solutions to its international client base.
The company forms part of Cim Group, the largest non-bank financial institution in the country whose parent company, Cim Financial Services Ltd, is listed on the local stock exchange.
Cim Global Business has been voted Best Fund Administrator in Mauritius for 2016 by Acquisition International, a monthly magazine produced by AI Global Media, a UK-based publishing house with a global reach.
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