Jan Boullé, Chairman of the Board of IBL: "The strength of our foundations in Mauritius allows us to look further"

Jan Boullé, Chairman of the Board of IBL, stated, "The strength of our foundations in Mauritius allows us to look further."
On Monday, November 10, 2025, IBL announced an impressive revenue of Rs 120.8 billion.
On Friday, November 7, 2025, IBL released its Annual Report 2025, a document reflecting the group's resilience and the progress of its Beyond Borders strategy. This report showcases the journey of a Mauritian group that has become regional, driven by a long-term vision and a commitment to sustainability.

According to Jan Boullé, this performance goes beyond mere numbers. "It reflects a long-term vision, rigorous governance, and the trust we have built with our partners. This is how IBL creates sustainable value, both in Mauritius and in the region," he remarked. "We approach this new phase with humility and determination. The strength of our foundations in Mauritius allows us to look further, while never losing sight of our primary responsibility, which is to contribute to collective progress, here and elsewhere," he added.

His statements embody the philosophy of a group that, while asserting its regional presence, remains deeply rooted in its homeland. Last year serves as evidence, as IBL recorded a revenue of Rs 120.8 billion, marking a 19% increase from the previous year. Notably, 54% of this revenue was generated outside Mauritius, with international operations contributing to 72% of the overall growth. These results confirm the relevance of a balanced approach between local anchoring and regional expansion.

This growth aligns with the ongoing Beyond Borders strategy, as explained by Arnaud Lagesse, Group CEO of IBL Ltd. "Beyond Borders is not a break, but a continuity. We remain deeply rooted in Mauritius, but our growth now naturally extends to the region, where we can add value and build on our strengths," he stated.

Beyond economic performance, the year 2025 also marks an identity evolution for IBL. The group unveiled a new brand expression, symbolizing a transformation consistent with its current reality: a Mauritian group by its roots, but regional in its development. "Ten years after the merger between IBL and GML, this natural evolution reflects our desire to express more clearly who we are," emphasized Arnaud Lagesse.

For Patrice Robert, Group Deputy CEO, this success primarily stems from collective spirit. "We have managed to move forward even more together, with clarity and alignment. This is what enables us to execute our strategy and stay focused on what matters," he asserted.

The group's new identity revolves around three simple and universal values: "Truth. Trust. Together." These principles embody the very essence of IBL and support its renewed purpose: "Shaping better lives and better tomorrows."