Constance Hotels, Resorts and Golf

Board of Directors

PROFILE OF DIRECTORS

George J. Dumbell

Independent Director and Chairman

Appointed Director in December 2005 and Chairman in January 2006

Qualifications

• Associate Chartered Institute of Bankers (UK).
• Fellow and Founding Director of the Mauritius Institute of Directors and member of its Directors’ Forum.
• Former Director of several Financial Institutions in Asia and Europe, and listed Finance and Agricultural Companies in Mauritius.

Experience and Skills

• Over 50 years of financial and commercial experience including 34 years in various Senior Management positions within the HSBC Group across the globe.
• 2 ½ years of commercial, industrial, project management and political experience as Deputy Secretary General and Managing Director of EuroChambres, Association of European Chambers of Commerce and Industry, headquartered in Belgium and representing over 14 million companies throughout Western, Central and Eastern Europe.
• 2 years in the fields of Corporate Governance and Risk Management with MCB Ltd.
• 14 years of experience in the hospitality and tourism industries with the Constance Hotels, Resorts and Golf Group.

Directorships in other companies listed on the Stock Exchange of Mauritius Ltd:

• BMH Ltd
• Constance La Gaieté Company Limited
• Hotelest Limited

Jean-Jacques Vallet

Executive Director and Chief Executive Officer

Appointed Director in March 2012.

Qualifications

• Maîtrise en Sciences et Gestion (MSG)
• Postgraduate degree (DESS) in the fields of management science, logistical operations and industrial management
• Advance Management Program (AMP) from Cornell University

Experience and Skills

• Responsible for the overall planning, direction and control of the operations, resources and administration of the Constance Hotels, Resorts & Golf Group.
• Four years Presidency of AHRIM, the Association of Hotels and Restaurants in Mauritius for the periods 2003-2004 and 2011-2012.

Directorships in other company listed on the official market of the Stock Exchange of Mauritius Ltd:

• Constance La Gaieté Company Limited

Jean Ribet

Executive Director and Constance Group Chief Executive Officer


Executive Director and Constance Group Chief Executive Officer
Appointed Director in May 2006 and Constance Group Chief Executive Officer in 2004

Qualifications

• Bachelor of Commerce from the University of Cape Town (South Africa)
• Member of the South African Institute of Chartered Accountants

Experience and Skills

• Joined the Constance Group as Group Financial Controller in 1991.
• 15 years’ experience as Group Chief Executive Officer within the Constance Group.
• Bears the overall responsibility for the agro-industrial, tourism and investment activities of the Constance Group.

Directorships in other companies listed on the official market of the Stock Exchange of Mauritius Ltd:

• BMH Ltd
• Constance La Gaieté Company Limited
• IBL Ltd
• Hotelest Limited

Clément D. Rey

Executive Director and Constance Group Head of Investments and Development

Appointed in June 2006.

Qualifications

• Bachelor’s degree in Business Law from the UK
• Master’s degree in Business Law from the UK

Experience and Skills

Held the position of Head of Corporate Affairs within the Ciel Group.
• Currently actively involved in investments and corporate transactions relating to the member companies of the Constance Group.
• Director of a number of companies in the commercial and financial sectors and a member of various board committees.

Directorships in other companies listed on the official market of the Stock Exchange of Mauritius Ltd:

• BMH Ltd
• Constance La Gaieté Company Limited
• Hotelest Limited

Marc Freismuth

Independent Director and Chairman of the Audit (Risk Management) Committee

Appointed in September 2014.

Qualifications

• MPhil Degree in Economics from Paris-Sorbonne University (France)
• ‘Agrégation’ in Economics and Management.

Experience and Skills

• Lecturer at the University of Montpellier (France) from September 1977 to July 1988. • Lecturer at the University of Mauritius in the field of Management and Finance from September 1988 to July 1994.
• Lecturer in Hospitality Management at the Université of Réunion from 2000 to 2005.
• Participated in the setting-up of the Stock Exchange of Mauritius as a consultant to the Stock Exchange Commission and as a member of the Listing Committee. (1989 – 1994).
• Currently works as a private consultant in Management and Finance since 2006.
• Fellow member of the Mauritius Institute of Directors.

Directorships in other companies listed on the Stock Exchange of Mauritius Ltd:

• BMH Ltd
• Constance La Gaieté Company Limited
• Hotelest Limited
• The United Basalt Products Ltd

Nicolas Boullé

Non-Executive Director

Appointed Non-Executive Director in January 2014.

Qualifications

• Qualified Notary.

Experience and Skills

• 29 years of experience as a Notary.

Directorships in other companies listed on the Stock Exchange of Mauritius Ltd:

• BMH Ltd
• Constance La Gaieté Company Limited
• Hotelest Limited

Georgina Rogers

Non-Executive Director

Appointed in March 2015.

Qualifications

• Bachelor of Commerce from the University of Natal (South Africa)

Experience and Skills

• Practised as an accountant until 1995.
• Involved in the development of real-estate projects.
• Director of a number of companies in the commercial sector and a member of various board committees.

Directorships in other companies listed on the official market of the Stock Exchange of Mauritius Ltd:

• BMH Ltd
• Constance La Gaieté Company Limited
• Hotelest Limited.

Preetee Jhamna-Ramdin

Independent Director

Appointed in April 2017.

Qualifications

• BA Economics from the University of Cambridge (UK)
• Member of the Institute of Chartered Accountants in England and Wales

Experience and Skills

• Over 15 years’ experience in advising clients on various aspects of their transactions (valuation, due diligence and fund raising) in Mauritius and in Africa, across a variety of sectors.
• A previous Partner in the Transaction Advisory Services department at Ernst & Young from July 2008 to April 2016.
• Currently CFO - Group Operations of IBL Ltd.

Noël Adolphe Vallet

Non-Executive Director

Appointed in May 2001.

Qualifications

• Management from South Africa.

Experience and Skill

• 2 years’ experience as Manager at Fleurs des Tropiques Exports Ltée.
• As Project Manager, he was responsible for setting up Mauritius’ sugar museum, L’Aventure du Sucre.
• Currently runs his own business in the events industry as Managing Director of Bedouin Tents and Rocket Fireworks.
• Chairman of Compagnie du Mapou Ltée.

Directorships in other companies listed on the official market of the Stock Exchange of Mauritius Ltd:

• BMH Ltd
• Constance La Gaieté Company Limited
• Hotelest Limited

Nitish Beni Madhu

Non-Executive Director

Appointed Director in January 2018.

Qualifications

• Honours degree in Economics
• Master of Arts in Economics, University of Ottawa (Canada)

Experience and Skills

• Currently heads the non-insurance cluster (capital markets) together with the loans and property segments of SWAN.
• Member of the Investment Committee of SWAN.
• More than 16 years’ experience in the finance industry, including 14 years in various positions in the non-insurance cluster of SWAN.
• Expertise in asset management, investment advisory and insurance.
• Chairperson of the Central Depository & Settlement Co Ltd and holds directorships in various companies.
• Regularly lectures at the University of Mauritius in Economics and Finance.

Kevin Chan Too

Constance Group Head of Finance

Qualifications

• Fellow of the Association of Chartered Certified Accountants

Experience and Skills

• Currently, the Constance Group Head of Finance, with his main responsibilities being the finance, accounting, treasury and internal control functions.
• Held various finance and accounting positions within listed companies dealing in the property, finance and investment sectors.

Siegfried Espitalier Noël

Chief Marketing Officer

Qualifications

• MSc in International Hospitality Management at the Oxford Brookes University (UK)

Experience and Skills

• Responsible for the marketing and commercial activities of the Constance Hotels, Resorts & Golf Group.

Andrew Milton

Chief Operations Officer

Qualifications

• BSc in Institutional Management from the Cardiff University (UK)
• Finance (INSEAD)
• Leadership (IMD) and Asset Management (Cornell)

Experience and Skills

• Currently responsible for the operational, human resource and financial activities of the Group.
• Started his career with Hilton Hotels and held positions in Abu Dhabi, London, Algiers and Cannes.
• General Manager of Constance Lemuria, Seychelles, in 1999.
• General Manager of Constance Prince Maurice while retaining operational responsibility for Constance Lemuria and Constance Tsarabanjina.
• Championed the rebranding of Constance Tsarabanjina in 2006.
• Championed the repositioning the One & Only Le St Géran for a period of 5 years.

Julien Coëtte

Chief Finance Officer

Joined Constance Hotels, Resorts and Golf in April 2019.

Qualifications

• Master’s Degree with a specialization in Finance from EDHEC Business School (FR)
• Bachelor’s Degree - Classe Préparatoire HEC Scientifique from Lycée Janson de Sailly – Paris (FR)

Experience and Skills

• Currently responsible for the Finance and Administrative functions in Constance Hotels, Resorts and Golf Group
• 14 years’ experience in AccorHotels Group with financial, operational and development expertise
• Started in Corporate Internal Audit Team (2005-2010), leading various internal control assignments on worldwide Group activities (Hotels, Head Offices)
• Regional Financial Controller North Africa/Middle East (2010-2013) and VP Financial Control and Consolidation MEA (2013-2017) - reporting to Chief Finance Officer MEA
• Chief Finance Officer Turkey, Greece and Israel (2017-2019)