By introducing in the theory three Higgs fields that are SU(2) doublets and a flavour permutational symmetry, S3, we extend the concepts of flavour and generations to the Higgs sector and formulate a Minimal S3–Invariant Extension of the Standard Model. The mass matrices of the neutrinos and charged leptons are re-parameterized in terms of their eigenvalues, then the neutrino mixing matrix, VPMNS, is computed and exact, explicit analytical expressions for the neutrino mixing angles as functions of the masses of neutrinos and charged leptons are obtained in excellent agreement with the latest experimental data. We also compute the branching ratios of some selected flavour-changing neutral current (FCNC) processes, as well as the contribution of the exchange of neutral flavour-changing scalars to the anomaly of the magnetic moment of the muon, as functions of the masses of charged leptons and the neutral Higgs bosons. We find that the S3 × Z2 flavour symmetry and the strong mass hierarchy of the charged leptons strongly suppress the FCNC processes in the leptonic sector, well below the present experimental bounds by many orders of magnitude. The contribution of FCNC's to the anomaly of the muon's magnetic moment is small, but non-negligible.