Our Leadership

Board of Directors

IBL’s Board of Directors oversees the group’s strategy, monitors its performance and ensures the group complies with the highest standards of corporate governance. It is responsible for ensuring that IBL is able to sustainably create value in the long term.

The Board meets at least four times a year. It consists of seven non-executive directors and four independent directors. It is governed by the Charter available below.

Richard Arlove

Independent Non-Executive Director

Richard Arlove

Independent Non-Executive Director

Independent Non-Executive Director

Citizen and Resident of Mauritius

Appointed: 01/01/2021

Skills & Experience:

Founder of Arphilia Consulting, Richard Arlove counts nearly 40 years’ experience as a professional accountant, business leader, professional entrepreneur and member of the senior leadership team of a global firm. After 20 years’ career in Big Four accounting firms and as a General Manager of businesses in garment manufacturing and marketing of international brands, he co-founded and was the CEO of ABAX, a regulated financial, corporate and fiduciary services company. When ABAX was acquired by Ocorian, Richard Arlove was appointed Head of Africa, Middle East and Asia, and Group ExCo member of Ocorian. Richard Arlove retired from Ocorian in 2020.

Qualifications:

  • Fellow of the Association of Chartered Certified Accountants (FCCA)

External appointments:

  • Founder of Arphilia Consulting
  • Co-Founder of ABAX
  • Member of the Board of directors of Livestock feed Ltd

Core competencies:

  • Accounting & Finance, Consultancy, Leadership, International Business, Governance, Marketing

Jan Boullé

Non-Executive Chairman

Jan Boullé

Non-Executive Chairman

Non-Executive Chairman

Citizen and Resident of Mauritius

Appointed: 01/03/2016

Skills & Experience

Jan Boullé has been working for the Constance Group from 1984 to 2016 and occupied various executive positions and directorships. He has been appointed as the Non-Executive Chairman of IBL Ltd on the 1st July 2016.

Qualifications:

  • “Ingénieur Statisticien Economiste” – France
  • Post Graduate studies in Economics – Université de Laval – Canada

External appointments

  • Jan Boullé is a member of the Board of Directors of several major listed companies including BlueLife Limited, Lux Island Resorts Ltd, Phoenix Beverages Ltd, Phoenix Investment Company Limited, The United Basalt Products Limited and non-listed Mauritian companies.

Core competences

  • Strategic Development, Hospitality and Real Estate Developmen

Georges Desvaux

Independent Non-Executive Director

Georges Desvaux

Independent Non-Executive Director

Independent Non-Executive Director

Non-Citizen and Non-Resident of Mauritius

Appointed: 01/07/2022

Skills and experience

Georges Desvaux is the Chief Strategy and Business Development Officer and Member of the Management Committee of the AXA Group, the global insurance leader. Prior to joining AXA, he was a Senior Partner in McKinsey & Company for 30-years in Europe, Asia and Africa, including Managing Partner of Japan and of Africa, member of McKinsey’s Shareholders Council and Chair of the Governance Committee. At McKinsey, Georges has co-authored several macroeconomics reports including “Lions on the Move 2” (McKinsey Global Institute 2016) and a book “Africa’s Business Revolution” (Harvard Business Review 2018). Georges is passionate about gender diversity and has co-founded in 2007 “Women Matter”, McKinsey’s research series on the role of women in corporations.

Qualifications

Graduated from Ecole Centrale Paris and holds a M.S. in Mech. Engineering from MIT.

External appointments

Chairman and member of the Management Committee of AXA ASIA, member of the Supervisory Board of GIE AXA, member of the Supervisory Board of AXA Climate, member of the Fund-Raising Europe Committee for Alima -the Alliance for International Medical Action – a leading NGO focused on medical support and medical innovation in Africa.

Core competencies

Corporate Strategy, Business Unit Strategy, Marketing and Growth Strategies, Governance and Organisation, Capabilities Insurance, Technology, Consumer and Retail.

William Egbe

Independent Non-Executive Director

William Egbe

Independent Non-Executive Director

Independent Non-Executive Director

Non-citizen and Non-resident of Mauritius

Appointed: 01/10/2022

Skills and experience

William Egbe is an engineer by training, a corporate executive, and a company director with almost thirty years of experience in leadership roles within American and British multinational companies, operating in North America, Latin America, Europe, Africa, the Middle East, and Southeast Asia. He has held engineering, finance, marketing, manufacturing, and general management roles in the Telecoms, Oil & Gas, Food & Beverage, and Imaging industries. He has spent 19 years in general management and executive roles within the Coca-Cola Company, including serving as President for Coca-Cola’s business

in Sub-Saharan Africa. He has also previously served as Managing Director for Kodak’s Dental products business for Europe, Africa, and the Middle East, headquartered in Germany.

Qualifications

  • B.Sc. in Electrical Engineering and MBA from Howard University, USA.

External appointments in both listed and non-listed companies

  • Independent Board Member, Tana Africa Capital (Mauritius)
  • Board of Trustees, Jacobs Foundation (Switzerland)
  • Board member, Essential Med Foundation (Switzerland)

Core competencies

General Management, Operations Optimization, Corporate Strategy, Franchise Operations, Investment and Growth Advisory, Business Operations in Africa, Europe, and Middle East.

Martine de Fleuriot de la Colinière

Non-Executive Director

Martine de Fleuriot de la Colinière

Non-Executive Director

Non-Executive Director

Citizen and Resident of Mauritius

Appointed: 12/11/2016

Skills & Experience

Martine de Fleuriot heads the Commercial, Corporate and Banking department of ENSafrica (Mauritius), one of the largest law firm in Mauritius. She is an experienced Barrister and recognised as a leading lawyer by international directories such as Global Guide of Chambers and Partners, ILFR 1000 and Legal 500.

Qualifications

  • Diplômes d’Etudes Approfondies – Mention Droit Privé – Université de Droit, d’Economie et des Sciences Sociales – Aix Marseille III
  • Barrister’s Examination – Council of Legal Education Mauritius

External Appointments

  • None.

Core competences:

  • Law, M&A, Corporate Restructuring, Banking, Security law

Arnaud Lagesse

Executive Director and Group CEO

Arnaud Lagesse

Executive Director and Group CEO

Executive Director and Group CEO

Citizen and Resident of Mauritius

Appointed: 23/03/2015

Skills & Experience

Arnaud Lagesse is the Group CEO of IBL Ltd. He is one of the Mauritian private sector’s most prominent leaders and is known to drive IBL Group with innovative and challenging undertakings. In 2016, he initiated the merger of GML Investissement Ltée and Ireland Blyth Limited and created the new entity IBL Ltd which thus became the n°1 group in Mauritius and 2nd largest group in the region excluding South Africa.

Qualifications

  • Breakthrough Executive Program – Egon Zehnder-Mobius, Portugal
  • Advanced Management Program (AMP180) – Harvard Business School, United States
  • Executive Education Program – INSEAD, France
  • Graduated from the Institut Supérieur de Gestion – Paris, France
  • Masters in Management – Université d’Aix-Marseille II, France

External appointments in both listed and non-listed companies

Chairman

  • Bloomage Ltd
  • Camp Investment Limited
  • Fondation Joseph Lagesse
  • Phoenix Beverages Limited
  • Phoenix Investment Company Limited
  • The Lux Collective Limited
  • Miwa Sugar Ltd

Member of the Board of Directors

  • IBL Ltd.
  • Alteo Agri Ltd
  • Pick and Buy Limited
  • Seafood Hub Limited
  • Other non-listed Mauritian Companies

Core competences:

  • Business & Finance, Deal Structuring, Strategic Business Development.

Benoit Lagesse

Non-Executive Director

Benoit Lagesse

Non-Executive Director

Non-Executive Director

Citizen and Resident of Mauritius

Appointed: 12/02/2023

Skills & Experience

  • Benoit Lagesse started his career with Touche Ross, then Canadian Pacific in London before moving to Zimbabwe to manage a farming business.

Qualifications:

  • Bachelor of Science (Computers) – Manchester University – England
  • Chartered Accountant – England & Wales

External appointments

  • Chairman of GML Ineo Ltée and Mon Loisir Ltée
  • Member of the Board of Directors of Alteo Enery Ltd & Compagnie Sucrière de Saint Antoine

Core competences:

Finance, Accounting and Agriculture

Hugues Lagesse

Non-Executive Director

Hugues Lagesse

Non-Executive Director

Non-Executive Director

Citizen and Resident of Mauritius

Appointed: 01/07/2015

Skills & Experience

  • Hugues Lagesse is the CEO of BlueLife Limited, a Real Estate Company developing property in Mauritius. He has acquired considerable experience and competence in high market residential and mixed-use real estate.

Qualifications:

  • Diploma in administration and Finance – Ecole Superieure de Gestion – Paris
  • Management Program INSEAD – France
  • Real Estate Program – Harvard Business School – United States
  • General Management Program for Mauritius and South East Africa from ESSEC

External appointments

  • Member of the Board of Directors Phoenix Beverages Limited
  • Member of the Board of Directors of Phoenix Investment Company Limited

Core competences:

  • Real Estate, Property development and management

Jean-Pierre Lagesse

Non-Executive Director

Jean-Pierre Lagesse

Non-Executive Director

Non-Executive Director

Citizen and Non-resident of Mauritius

Appointed: 01/07/2015

Skills & Experience

Jean-Pierre Lagesse is a specialist in property investment, development, asset enhancement and portfolio management in London as partner of 10 Ant Group since 2007 and is responsible for the purchase and redevelopment of real estate, He has more than 20 years of experience in the sector, in Europe and Africa.

Qualifications

  • MBA from Cramfield School of Management – UK

External appointments

  • None.

Core competences:

  • Property development, Real Estate

Stéphane Lagesse

Alternate Director to Thierry Lagesse

Stéphane Lagesse

Alternate Director to Thierry Lagesse

Alternate Director to Thierry Lagesse

Citizen and Resident of Mauritius

Appointed: 01/07/2016

Skills and experience

Stéphane Lagesse is the Managing Director of Palmar Group, a garment factory based in Mauritius.

Education

  • Diploma in Business Administration – Paris Dauphine

External appointments

  • The United Basalt Products Ltd

Main skills

  • Finance, textiles, industrial production, trade.

Thierry Lagesse

Non-Executive Director

Thierry Lagesse

Non-Executive Director

Non-Executive Director

Citizen and Resident of Mauritius

Appointed: 24/09/1983

Skills & Experience

  • Thierry Lagesse is the Founder and Executive Chairman of the Palmar Group of Companies, one of the pioneer companies in the development of the textile industry in Mauritius. A visionary entrepreneur, he launched Direct To Home (DTC) satellite television company in the Indian Ocean Islands.

Qualifications

  • Maitrise des Sciences de gestion – Université de Paris Dauphine

External appointments

  • Is a member of the Board of Directors of several major listed Alteo Limited, Lux Island resorts, Phoenix Beverages Limited, Phoenix Investment Company Limited, The United Basalts Products Ltd and non-listed Mauritian companies

Core competences:

  • Entrepreneurship, Business Development and Finance, Strategic Development, Textile, Media

Isabelle de Melo

Non-Executive Director

Isabelle de Melo

Non-Executive Director

Non-Executive Director

Non-citizen and resident of Mauritius

Appointed: 27/09/2019

Skills and experience

Isabelle de Melo has held executive and leadership positions in various companies and institutions, including Arthur Andersen Audit, Gemplus, Privatair, SETE, Genève Sport and Association Nicolas Bogueret. She was also an independent consultant from 1998 to 2003, and has been a Business Angel (Investor and Coach) since 2009.

Qualifications

  • HEC Paris – Paris, France

External appointments

  • None

Core competencies

  • Finance, Mergers & Acquisitions,
  • Treasury, Tax, Human Resources,
  • Information Technology.

Momar Nguer

Independent Non-Executive Director

Momar Nguer

Independent Non-Executive Director

Independent Non-Executive Director

Citizen of France

Appointed: 01/01/2023

Skills and experience

Momar Nguer worked for the TotalEnergies company for more than 36 years and held various positions during his career, both in Paris head office and in affiliates, mainly in Africa. For his last posting, he was President Marketing and Services, and member of the Executive Committee.

For the last three years, Momar had joined a diversified set of boards of companies in Europe and Africa.

Qualifications

  • MBA of ESSAC Business School in France
  • Master’s degree International Law Paris

External appointments

  • Arise Ports and Logistics (UK)
  • CFAO (France)
  • ECP Power and Water Holding (France)
  • Lafarge Holcim (Morocco)
  • Sea-Invest (Luxembourg)
  • NMA (Senegal)

Core competencies

Energy, distribution, talent acquisition, negotiations.

Clement Rey

Non-Executive Director

Clement Rey

Non-Executive Director

Non-Executive Director

Citizen and Resident of Mauritius

Appointed: 06/06/2023

Skills and experience

Mr Rey is the Chief Executive Officer of Constance Group and bears the overall responsibility for  the agriculture, real-estate, hospitality and investment activities in which the Group is involved. Prior to holding his current post, he was Head of Investment and Development and has been actively involved in numerous Group corporate transactions. He holds a Bachelor’s and a Master’s degree in Business Law from the United Kingdom. Mr Rey is a director of several companies in the commercial, hospitality, agriculture,  financial, including fintech, sectors and member of various board committees.

Qualifications

  • Master’s in Business Law from the UK

External appointments

  • BMH Ltd
  • Constance Hotels Services Limited
  • Constance La Gaiete Company Limited
  • Hotelest Limited
  • Beauport Industries Limited
  • Constance Industries Limited
  • Constance Corporate Management Limited
  • White Sand Paradise Ltd
  • Constance Hospitality Management Ltd

Core competencies

  • Strategic Development
  • Investment
  • Hospitality

Patrice Robert

Executive Director

Patrice Robert

Executive Director

Executive Director

Citizen and resident of Mauritius

Appointed: 01/07/2023

Skills and experience

  • Worked in Singapore for 10 years, as consultant in Supply Chain and Strategy at Accenture, then as Vice President of DHL’s Service Parts Logistics Business Unit for the Asia Pacific region.
  • Joined IBL Ltd in 2008 and was appointed Chief Operating Officer for the Seafood Cluster in March 2015.  In that role, he oversaw local operations and its development internationally. Promoted as Group Head of Operations in August 2018, responsible for IBL Ltd’s manufacturing & Processing, Logistics, Commercial, Building & Engineering activities.

Qualifications

  • Bachelor’s degree in engineering – University of Portsmouth, United Kingdom
  • MBA – University of Chicago Booth School of Business, United States of America

External appointments

  • Board member and chair of international and private companies
  • Past Chairman of the Mauritius Exports Association (MEXA)
  • Past Council Member of the Mauritius Chamber of Commerce and Industry (MCCI)

Core competencies

  • Management
  • Strategy
  • Operations
  • Restructuring

Board Committees

Three standing committees assist the Board of Directors with its duties:

  • An Audit and Risk Committee
  • A Corporate Governance Committee, including a Nomination & Remuneration Subcommittee
  • A Strategic Committee

Each committee’s remit is defined in the Terms of Reference agreed by the Board and available for download below.

Corporate Sustainability Committee

Composition

Georges Desvaux – Chairman

Richard Arlove

Arnaud Lagesse

Jan Boullé

Patrice Robert

Christine Marot

Thierry Labat

Preetee Jhamna

STRATEGIC COMMITTEE

The Strategic Committee advises the Board on IBL’s strategy. It also assists the Board with assessing and negotiating strategic transactions.

Composition

William Egbe – Chairman
Jan Boullé
Arnaud Lagesse
Thierry Lagesse
Georges Desvaux
​Momar Nguer

Finance Audit and Risk Committee

The Financial Audit and Risk Committee is responsible for overseeing and monitoring the group’s approach to risk.

Composition

Richard Arlove – Chairman
Benoît Lagesse
Isabelle de Melo
Thierry Lagesse

It is also responsible for the integrity of the group’s financial statements, the effectiveness of its internal financial controls, and the performance and objectivity of its internal and external auditors.

CORPORATE GOVERNANCE COMMITTEE

The Corporate Governance Committee is responsible for ensuring that IBL complies with the principles of the Code of Corporate Governance.

Composition

Georges Desvaux – Chairman
Jan Boullé
Arnaud Lagesse
Martine de Fleuriot de la Colinière
Momar Nguer

Its remuneration functions have been delegated to the Remuneration Sub-Committee.

People and Reward Committee

The People and Reward Committee establishes employment agreements with IBL’s Executive Directors and Market Unit Managing Directors, including their salaries, incentives and benefits.

Composition

Momar Nguer – Chairman
Jan Boullé
Clément Rey

Executive Team

IBL’s Executive Team is responsible for overseeing the group’s business operations and delivering its strategies.

FABRICE ADOLPHE

COO HealthActiv

LUVNA ARNASSALON-SEERUNGEN

Head of Sustainability

CLAIRE BAISSAC

Head of Strategic Projects and Development

CLAIRE BLAZY-JAUZAC

CEO CIDP

OLIVIER CHAVY

CEO The Lux Collective

DIPAK CHUMMUN

Group CFO

JEAN CHRISTOPHE CLUZEAU

CEO City Brokers

DAVID COMMARMOND

CEO GWS Technologies

OLIVIER DECOTTER

Head of Risk Management & Compliance – Ethics Officer

MICHEL DUPONT

COO IBL Engineering

PIERRE EGOT

COO IBL Energy

DÉSIRÉ ELLIAH

CEO Lux Island Resorts

LAURENT FAYOLLE

CEO IBL Link

JEAN-ALAIN FRANCIS

CEO ELLGEO

HUBERT GASPARD

Group Chief Human Capital Officer

THIERRY GODER

CEO Alentaris

ROBIN HARDIN

CEO Bloomage

DIANE HENRY

Head of Corporate Affairs

LAURENT DE LA HOGUE

Head of Financial Services

NEERAJ HURBUNGS

COO Manser Saxon

STÉPHANE ISAUTIER

CEO Miwa Sugar

SATTAR JACKARIA

CEO Eagle Insurance Limited

GERALDINE JAUFFRET

CEO Life Together

PREETEE JHAMNA

CFO Group Operations

STEENA KISTNEN

Head of Academy

THIERRY LABAT

Group Head of Corporate Services

ARNAUD LAGESSE

Group CEO

DELPHINE LAGESSE

Group Strategic Innovation & Excellence Executive

HUGUES LAGESSE

CEO BlueLife

ANAICK LARABI

Head of Group Legal Affairs

HUBERT LECLÉZIO

Head of Business Development M&A

ALDO LETIMIER

COO Winners

KEVIN LENNON

Head of Group Human Capital Operations

PATRICK MACÉ

CEO Intergraph

FABIEN DE MARASSÉ ENOUF

CEO Alteo

PATRICE MARIE

COO BrandActiv

CHRISTINE MAROT

Group Head of Technology & Sustainability

KEVIN MAURYMOOTHOO

Head of Group Internal Audit

DIYA NABABSING-JETSHAN

Head of Technology & Digital Transformation

JORSEN PATTEN

COO East Africa Operations

RUBEN PAYEN

General Manager of Trademarks & Consulates

MICHEL PILOT

COO IBL East Africa Investment

FRANCK PIRIOU

COO CNOI

GOPALAKRISHNA NAIDU PURSERAMEN (COUGEN)

COO Seafood & Acting COO Logistics

DEV RAMASAWMY

Head of Group Finance and Analytics

NAVIN RAMKHELAWON

GM Universal Media

PATRICE ROBERT

Group Head of Operations

BERNARD THEYS

CEO Phoenix Bev

STEPHANE ULCOQ

CEO UBP

YANNICK ULCOQ

Head of Treasury

THIERRY VALLET

CEO AfrAsia Bank Limited

JIMMY WONG

CEO DTOS Group

DISCOVER MORE