Board  of Directors

Jérôme de CHASTEAUNEUF Non-Executive Director - Chairman
Marc-Emmanuel VIVES Non- Executive Director
Thierry HUGNIN Non-Executive Director
Samila SIVARAMEN Non-Executive Director
Kate LI KWONG WING Non-Executive Director
Xavier CHIDAINE Non-Executive Director
Kevin TEEROOVENGADUM Non-Executive Independent Director
Robert HOVENIER Chief Executive Officer
Jérôme de CHASTEAUNEUF
Non-Executive Director - Chairman

Skills & Experience

Jérôme joined CIEL Group in 1993 as Corporate Finance Advisor and became Head of Finance of the CIEL Group in 2000. He has been closely involved with the corporate affairs of the CIEL Group together with the financial reengineering which accompanied its development over those years in office. He was nominated Group Finance Director on 01 January 2017.

 

Qualifications & Professional Development

  • Chartered Accountant of England and Wales
  • Bachelor of Science – Honours in Economics (London School of Economics and Political Science, United Kingdom)
Marc-Emmanuel VIVES
Non- Executive Director

Skills & Experience

Marc-Emmanuel has been the Chief Executive Officer of CIEL Finance Limited since September 2014, bringing with him more than 25 years of experience at Société Générale. After initial steps within the General Inspection of the Société Générale Group, he spent the next 18 years of his career in various assignments in emerging countries, first in Argentina as Commercial Director, then as Chairperson and Chief Executive Officer of Société Générale Argentina. He then moved to Russia as Chief Executive Officer of Société Générale Vostok, before becoming First Deputy Chairperson of Rosbank, and finally to India as Country Manager.

 

Qualifications & Professional Development

  • Master’s Degree – Business Administration (HEC Business School, France)
  • Bachelor’s Degree – History (Sorbonne University, Paris, France)
Thierry HUGNIN
Non-Executive Director

Skills & Experience

Thierry worked in investment banking in London with a focus on emerging markets. He later joined Blakeney Management, a London-based investment management firm, investing in public and private equity markets in Africa and the Middle East. He returned to Mauritius in 2003, as Chief Investment Officer of Ciel Investment, one of the leading industrial and investment groups in the Indian Ocean, to establish their private equity business. In 2008, he co-founded Kibo Capital Partners Ltd; the firm manages two private equity funds (Kibo I and II) focusing on the growth capital in Eastern and Southern Africa and the islands of Indian Ocean. In 2014, he became the Managing Partner of Kibo Capital Partners Ltd. He serves as Director on a number of boards of public and private companies spanning banking, hospitality and leisure both in Mauritius and the region.

 

Qualifications & Professional Development

  • Chartered Accountant in England and Wales
Samila SIVARAMEN
Non-Executive Director

Skills & Experience

Samila worked for six years for International Financial Services Limited, one of the largest offshore management companies in Mauritius, before joining CIEL Capital Limited in January 2005.  She has moved to CIEL Finance since September 2014 as Strategy & Finance Executive.

 

Qualifications & Professional Development

  • Bachelor’s Degree - Commerce (University of Melbourne, Australia)
  • Fellow of the Association of Chartered Certified Accountants
Kate LI KWONG WING
Non-Executive Director

Skills & Experience

Kate is a Barrister-at-law. Ms Li is currently the Senior Corporate and Legal Affairs Officer and Company Secretary of Alteo Limited, a company listed on the official market of the Stock Exchange of Mauritius whose activities include sugar operations, energy production, property development in Mauritius, and in the region.  Prior to her current role at Alteo Limited, she was an associate at Appleby, a leading offshore law firm, where she specialised in corporate law and also practiced in Appleby’s Hong Kong and Shanghai offices.

 

Qualifications & Professional Development

  • Bachelor of Arts – Double major in Economics and Asian Studies (Mount Holyoke College, United States of America)
  • Member of the Honourable Society of Lincoln’s Inn (United Kingdom) and of the Mauritius Bar
Xavier CHIDAINE
Non-Executive Director

Skills & Experience

Xavier is the Head of Risk Management, Compliance and Controls of CIEL Finance Limited since June 2019. He is a risk management expert with 24 years’ experience within the Credit Agricole Group. During his career, he had the opportunity to occupy senior executive positions and responsibilities (Deputy Head of Economics Dept, Deputy Head of Credit Dept, Chief Risk Officer) within the Credit Agricole Group, first in its headquarters, then in its Gabon and Madagascar-based subsidiaries. He has also served as executive board member in the Gabon and Madagascar-based entities.

 

Qualifications & Professional Development

  • Master’s Degree - Agricultural Engineering (Montpellier National High School of Agronomy)
  • Master’s Degree – Economy and Agrifood Industry Management (ESSEC Business School, France)
Kevin TEEROOVENGADUM
Non-Executive Independent Director

Skills & Experience

Kevin has a deal-making experience in various sectors in Africa (Real Estate, Hospitality, Financial Services and Telecoms), M&A, structured trade/project finance and experience in various countries in Africa for last 19 years. He was a director at Actis focusing on Africa Real Estate Fund for 6 years (Fund 1 & Fund 2) and led the exit of 2 key A-Grade Assets for Actis in 2012-2013. He was thereafter the Founder CEO of AttAfrica which within 3 years became the biggest owner and manager of 6 shopping centres totalling 150,000 sqm in Ghana, Zambia and Nigeria at US$700Million. Currently, he is an independent non-executive director of a number of unlisted companies in Mauritius and an advisor to a number of PE funds in Africa and a listed real estate group in Nigeria. He is also the Co-Founder and Director of ProptechAfrica. Regular speaker at major conferences in respect to Africa and Real Estate/Hospitality and writer.

 

Qualifications & Professional Development

  • Bachelor of Science – Honors in Economics (University of Leicester, United Kingdom)
  • Master of Business Administration (University of Leicester, United Kindgom)
  • Master of Science – Finance (University of Leicester, United Kingdom)
Robert HOVENIER
Chief Executive Officer

Skills & Experience

Robert joined MITCO Group as Chief Executive Officer in August 2016. He brings to the Group more than 20 years’ experience in different facets of the Trust and Corporate Services and Estate Advisory Services industries.

Prior to joining the MITCO Group, Robert has had a successful career as Senior Executive in several trust and corporate services companies such as Intertrust, Credit Suisse Trust, Rothschild Trust, among others.

 

Qualifications & Professional Development

  • Master of Law in company law, financing and international tax from Erasmus University, Rotterdam (the Netherlands).
  • Member of the Society of Trust and Estate Practitioners (STEP).