Following SMB’s dissolution-Board members of newly formed companies announced |15 February 2008

These new companies -- the Seychelles Trading Company Ltd, the Seychelles Agro Industries Ltd, the Seychelles Hatcheries and Feeds Ltd and the Coetivy Prawns Ltd – replace the Seychelles Marketing Board (SMB), which will cease to exist as a commercial entity as from March 1, 2008.

According to a communiqué from the Ministry of Finance, these new companies come into place after the launching of the Government Privatisation Programme which took off in December of last year. 

The Seychelles Trading Company will be involved in imports, retail, exports, value added and manufacturing and will recruit from existing SMB employees.

The Seychelles Agro Industries Ltd will take on the services of producing UHT products as well as tomato ketchup, chilli sauce, just to name a few.  These services were previously offered by the former SMB Agro Industries. 

Likewise, the Seychelles Hatcheries and Feeds Ltd will take on the responsibility of the former SMB Animal Feed, Parent Stock and Hatchery.

The Chairman and Board Directors of each of the four newly set up companies are as follows:

Seychelles Trading Company Ltd
Chairman:
Ahmed Afif
Board Members:
Patrick Vel – Chief Executive Officer
Errol Dias – Director
Melanie Stravens – Director
Jennifer Philoe – Director

Seychelles Agro Industries Ltd
Chairman:
Ronny Renaud
Board Members:
Francois Marie – General Manager
Claude Marimba – Director
Emy Quatre – Director
Bertrand Belle – Director

Seychelles Hatcheries and Feeds Ltd
Chairman:
Bernard Moulinie
Board Members:
Gerald Chetty – General Manager
Xavier Estico – Director
Rupert Simeon – Director

Coetivy Prawns Ltd
Chairman:
Errol Dias
Board Members:
Eshantha Peiris – General Manager
Patrick Vel – Director
Patrick Payet – Director