Our leadership


 

Meet IBL’s Directors and Executive Team

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.

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.

  • Strategic Committee

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

    Composition

    Pierre Guénant (Chairperson)
    Jan Boullé
    Arnaud Lagesse
    Thierry Lagesse
    Gilles Michel
    Jean Ribet

  • Audit and Risk Committee

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

    Composition

    Richard Arlove (Chairperson)
    Isabelle de Melo
    Thierry Lagesse
    Maxime Rey

     

    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.

    View the Terms of Reference for the Audit and Risk Committee (PDF, 287.51 KB)
  • Corporate Governance Committee

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

    Composition

    Gilles Michel (Chairperson)

    Jan Boullé

    Thierry Lagesse

    Jean Ribet

    Arnaud Lagesse

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

    View the Terms of Reference for the Corporate Governance Committee (PDF, 1012.79 KB)
  • Nomination & Remuneration Subcommittee

    The Nomination & Remuneration Subcommittee establishes employment agreements with IBL’s Executive Directors and Market Unit Managing Directors, including their salaries, incentives and benefits.

    Composition

    Marc Freismuth (Chairperson)

    Jan Boullé

    Jean Ribet

Executive Team

 

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

Jan boulle

Jan Boullé


Non-Executive Chairman


Citizen and Resident of Mauritius

Appointed: 01/03/2016 (Board) & 01/07/2016 (Chairman)

 

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 Development
Martine de fleuriot de la coliniere

Martine de Fleuriot de la Colinière


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
benoir lagesse

Benoit Lagesse


Non-Executive Director


Citizen and Resident of Mauritius

Appointed: 12/02/2018

 

 

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

Hugues Lagesse


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

Jean-Pierre Lagesse


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
Thierry Lagesse

Thierry Lagesse


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
Jean ribet

Jean Ribet


Non-Executive Director


Citizen and Resident of Mauritius

Appointed: 01/07/2016

 

 

Skills & Experience

Jean Ribet is the CEO of the Constance Group since 2004 with overall responsibility for the agro-industrial, tourism and investment activities of the Constance Group.

 

Qualifications

  • Chartered Accountant – University of Cape Town

 

External appointments

  • Is a member of the Board of Directors of Belle Mare Holdings Limited a listed Mauritian company

 

Core competences:

  • Finance, Strategic Development

 

Jean claude bega

Jean Claude Bega


Executive Director


Citizen and Resident of Mauritius

Appointed: 01/08/2018 (Board)

 

Skills & Experience:

Born in 1963, Jean-Claude started his career in 1980 by spending 7 years as external auditor and then moved to a sugar group to perform various functions within accounting and finance before joining GML in 1997 as Finance Manager. He is currently the Group Head of Financial Services and Business Development of the Company and has also been appointed as Executive Director of that company in August 2018.

 

Qualifications & Professional Development

  • Fellow of the Association of Chartered Certified Accountants.

 

Core competences and contribution

Finance, Mergers and Acquisitions, Strategic Development.

 

External appointments on Public Interest Entities

  • AfrAsia Capital Management Ltd
  • Anglo African Investments Ltd
  • Bluelife Limited
  • DTOS Ltd
  • Eagle Insurance Limited
  • LCF Securities Ltd
  • Lux Island Resorts Ltd
  • Phoenix Beverages Limited
  • The Bee Equity Partners Ltd
  • United Basalt Products Limited
arnaud lagesse

Arnaud Lagesse


Executive Director and Group CEO


Citizen and Resident of Mauritius

Appointed: 23/03/2015

Group CEO: 01/07/2016

2005-2016: 12 years’ experience as CEO

 

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


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.
gilles Michel

Gilles Michel


Independent Non-Executive Director


Non-citizen and Non-resident of Mauritius

Appointed: 20/06/2012

 

Skills & Experience

  • Gilles Michel has held executive positions in major international companies or institutions like Saint Gobain Group, PSA Peugeot Citroën and Fonds Stratégique d’Investissement ;  he was, until 2018, President and CEO of Imerys.

 

Qualifications

  • Ecole Polytechnique, Ecole Nationale de la statistique et de l’Administration Economique  (ENSAE)
  • Institut d’Etudes Politiques (IEP) Paris

 

External appointments (listed companies)

  • Chairman of the Board of Directors Imerys (Paris)
  • Member of the Board of Directors of Valeo (Paris)
  • Member of the Board of Directors of Solvay (Bruxelles)

 

Core competences:

  • Automobile Industry, Mathematics, Strategic Development, Management
richard arlove

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
Isabelle de melo

Isabelle de Melo


Independent 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.

stephane lagesse

Stéphane 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.

Georges Desvaux

Georges Desvaux


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.

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