Constance Hotels, Resorts and Golf

Board of Directors

PROFILE OF DIRECTORS

George J. Dumbell

Appointed Director in December 2005 and Chairman in January 2006

Mr Dumbell is an Associate of the Chartered Institute of Bankers (UK) with over 48 years of financial and commercial experience, including 34 years in various senior management positions within the HSBC group across the globe. In 1994, he was seconded for two and a half years to Eurochambres, Association of European Chambers of Commerce and Industry, in Belgium, as Deputy Secretary General and Managing Director to its business arm – an organisation representing over 14 million companies across Western, Central and Eastern Europe.

Mr Dumbell is a former director of several financial institutions in Asia and Europe, and of a number of listed companies in Mauritius. He sat on the founding board of the Mauritius Institute of Directors, and is currently a fellow of this Institute and a member of its Director’s Forum. In 2003, he undertook a twoyear consultancy contract with the Mauritius Commercial Bank Ltd in the field of risk management.

Mr Dumbell is currently a director of the ChrysCapital Group of Companies. Directorships in other companies listed on the official market of the Stock Exchange of Mauritius Ltd: Belle Mare Holding Ltd

Independent Director and Chairman

Jean Jacques Vallet

Mr Vallet holds a Maîtrise en sciences et gestion (MSG) and  a postgraduate degree (DESS) in the fields of management science, logistical operations and industrial management. He is also holder of AMP in Global Hospitality in Cornell University.

As Chief Executive Officer, he is responsible for the overall planning, direction and control of the operations, resources and administration of the Constance Hotels and Resorts Group. He was also the President of AHRIM, the Association of Hotels and Restaurants in Mauritius, for the periods 2002 - 2004 and 2010 - 2012.

Executive Director and Chief Executive Officer

Jean Ribet

Appointed in May 2006

Mr Ribet is a member of the South African Institute of Chartered Accountants and holds a Bachelor of Commerce. He joined the Constance Group as Group Financial Controller in 1991.

He was appointed Group Chief Executive Officer in 2004 and has 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: Belle Mare Holding Ltd IBL Ltd

Executive Director

Clément D. Rey

Appointed in June 2006

Mr Rey holds a Bachelor’s and a Master’s degree in Business Law from the United Kingdom. Prior to joining the Constance Group as the Head of Corporate Affairs, he held a similar position within the Ciel Group, one of the largest industrial groups in Mauritius.

In his present capacity, he has overall responsibility for corporate transactions and regulatory matters relating to the member companies of the Constance Group. He is a director of a number of companies in the commercial and financial sectors and is a member of various board committees.

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

Executive Director

Marc Freismuth

Appointed in September 2014

Mr Freismuth holds an MPhil degree in Economics from Sorbonne (Paris) and an agrégation in Economics and Management. He was a Lecturer at the University of Montpellier (France) until July 1988, and he subsequently joined the University of Mauritius as lecturer in Management and Finance until July 1994. While in the latter post, Mr Freismuth participated in the settingup of the Stock Exchange of Mauritius as a consultant to the Stock Exchange Commission and as a member of the Listing Committee.

He taught in Hospitality Management at the University of Réunion from 2000 to 2005. Since that date, he is working as a private consultant in management and finance. He is also a director of several other listed and non-listed companies. Mr Freismuth is currently the chairman of the Audit Committee.

Directorships in other companies listed on the official market of the Stock Exchange of Mauritius Ltd: Belle Mare Holding Ltd United Basalt Products Ltd

Independent Director

Colin Taylor

Appointed in August 2015

Mr Taylor holds a BSc (Hons) in Engineering with Business Studies from Portsmouth University and MSc in Management from Imperial College London. He joined Taylor Smith and Company in 1990 as project Manager and was appointed Managing Director in 1994. From 1999 to 2004, he was Executive Director of Rogers’ Engineering Cluster. He is presently Chief Executive of the Taylor Smith Group and the Honorary Consul of Sweden in Mauritius.

He is also a member of the Board of the Mauritius Chamber of Commerce and Industry.

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

Non-Executive Director

Nicolas Boullé

Appointed in January 2014

Notary qualified and practicing since 1990. Me Boullé has worked in close collaboration in the first instance with Me Pierre Doger de Spéville and thereafter with Me Jacques Montocchio until 2002. Me Boullé now practices independently but in close collaboration with three other colleagues.

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

Non-Executive Director

Jean Juppin de Fondaumière

Appointed in December 2014

Mr de Fondaumière qualified as a Chartered Accountant in Edinburgh and held various managerial positions in the fields of audit and merchant banking at Price Waterhouse, Kleinworth Benson and Security Pacific in Australia between 1980 and 1992. He retired as Chief Executive of the Swan Group on 31 December 2006 after 15 years with the Group.

He is a director of a number of companies, involved in various economic activities, from agriculture and commerce to finance and tourism, in Mauritius and in the region. He is a past chairman of the Stock Exchange of Mauritius and is a member of a number of audit and corporate-governance committees.

Directorships in other companies listed on the official market of the Stock Exchange of Mauritius Ltd: Alteo Ltd Lux Island Resorts Ltd

Non-executive director

Georgina Rogers

Appointed in March 2015

Mrs Rogers holds a Bachelor of Commerce from the University of Natal in South Africa.

She practised as an accountant until 1995, and she is now involved in the realisation of real-estate development projects.

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

Non-Executive Director

Preetee Jhamna-Ramdin

Mrs Jhamna-Ramdin is a member of the Institute of Chartered Accountants in England and Wales and holds a BA Economics from the University of Cambridge. She joined Swan Life Ltd, as its Chief Finance Officer, in May 2016.

Prior to joining Swan Life Ltd, she was a Partner in the Transaction Advisory Services department at Ernst & Young.

Mrs Jhamna-Ramdin has over 15 years experience advising clients on various aspects of their transactions (valuations, due diligences, fund raising) in Mauritius and in Africa, across a variety of sectors. She was based in Johannesburg from Oct 2006 to June 2008, gaining specific valuation experience with Ernst & Young. In addition to the Finance function, she works closely with the investment team of Swan Life Ltd and is involved with the group’s international development initiatives.

Non-Executive Director

Noël Adolphe Vallet

Appointed in May 2001

After studying management in South Africa, Mr Vallet gained professional experience in the UK before returning to Mauritius to take up the position of Manager of Fleurs des Tropiques Exports Ltée, a company which was then part of the Constance Group. He held that position for two years before moving on to a number of other management functions within the Group. He was responsible, as Project Manager, for setting up Mauritius’ sugar museum, L’Aventure du Sucre.

He left the Group in 2006, and now runs his own business in the events industry as Managing Director of Bedouin Tents and Rocket Fireworks. Mr Vallet is very involved in sports activities and holds positions of responsibility in a few clubs and associations.

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

Non-Executive Director