Board of Directors

  • Non-Executive Chairman
    Appointed in April 2018 and appointed as Chairman of the Board on June 22, 2018.
  • Jean-Claude Béga
    Non-Executive Director - Appointed in April 2018
  • Jan Boullé
    Non-Executive Director - Appointed in April 2018
  • Arnaud Dalais
    Non-Executive Director - Appointed in April 2018
  • Jean-Pierre Dalais
    Non-Executive Director - Appointed in April 2018
  • Amédée Darga
    Independent Non-Executive Director - Appointed in April 2018
  • Jérôme de Chasteauneuf
    Non-Executive Director - Appointed in April 2018
  • Jean de Fondaumiere
    Independent Non-Executive Director - Appointed in April 2018
  • Patrick de L.D'Arifat
    Executive Director - Appointed in September 2017 upon the Company’s incorporation
  • Fabien de Marassé Enouf
    Executive Director - Appointed in April 2018
  • Thierry Lagesse
    Non-Executive Director - Appointed in April 2018
Non-Executive Chairman
Appointed in April 2018 and appointed as Chairman of the Board on June 22, 2018.

Arnaud Lagesse is the Group CEO of IBL Ltd, the largest business group in the island of Mauritius. He is one of the prominent leaders of the Mauritian private sector and has been known to drive the IBL Group he leads with innovative and challenging undertakings. Two years ago, he initiated the merger of GML Investissement Ltée and Ireland Blyth Limited, creating a successful Group and substantial shareholders value for all stakeholders since its introduction on the local stock market.

Arnaud Lagesse holds a Master’s degree in Management from the Université d’Aix-Marseille, France and graduated from the Institut Supérieur de Gestion de Paris. He attended an Executive Education Program at INSEAD, Fontainebleau, France, an Advanced Management Program (AMP180) from Harvard Business School, United States, and a Breakthrough Executive Program with Egon Zender-Mobius in Portugal. With an early career as Finance & Administrative Director and over a decade in CEO position, his core competencies are Business and Finance, Deal Structuring, and Strategic Business Development.

Arnaud Lagesse is the Chairman of Fondation Joseph Lagesse since July 2012. He has also assumed in the past the Chairmanship of the National Committee on Corporate Governance in Mauritius, of the Chamber of Agriculture, of the Mauritius Sugar Producers’ Association and of the Sugar Industry Pension Fund.  

Prior to the Group’s restructuring exercise in April 2018, Arnaud Lagesse has served on the board of Alteo Agri Ltd (previously known as Alteo Limited) since 1995 up to April 2018, and has also acted as Chairman thereof from August 13, 2013 to June 24, 2015.

Board Committee membership:

  • Corporate Governance, Nomination, Remuneration & Ethics Committee

 

Directorships in other companies listed on the Official Market of the SEM:

 

  • IBL Ltd (Executive Director)
  • The United Basalt Products Ltd (Non-Executive Director)
  • Lux Island Resorts Ltd (Non-Executive Chairman)
  • Phoenix Beverages Limited (Non-Executive Chairman)               
  • Phoenix Investment Company Ltd (Non-Executive Chairman)
  • BlueLife Limited (Non-Executive Director
Jean-Claude Béga
Non-Executive Director - Appointed in April 2018

Jean-Claude Béga is a Fellow of the Association of Chartered Certified Accountants. He is currently the Group Head of Financial Services and Business Development of IBL Ltd and has also been appointed as Executive Director of that Company in August 2018.  He is the Non-Executive Chairman of Mauritian Eagle Insurance Company Limited, DTOS Ltd, The Bee Equity Partners Ltd and Anahita Estates Limited and serves as Director of a number of companies including Phoenix Beverages Limited, Lux Island Resorts Limited, AfrAsia Bank Limited, Alteo Properties Ltd and Anahita Residences & Villas Limited.   

Prior to the Group’s restructuring exercise in April 2018, Jean-Claude Béga has served on the board of Alteo Agri Ltd (previously known as Alteo Limited) as Director since 2012 until April 2018.  

Board Committee membership: 

  • Audit & Risk Committee 

Directorships in other listed companies:  

  • IBL Ltd 
  • Lux* Island Resorts Ltd 
  • Phoenix Beverages Limited 
  • Mauritian Eagle Insurance Company Limited (Chairman) 
  • The Bee Equity Partners Ltd (Chairman) 
  • Phoenix Investment Company Ltd 
Jan Boullé
Non-Executive Director - Appointed in April 2018

Jan Boullé is an ‘Ingénieur Statisticien Economiste’, (France) and holds a ‘Diplôme de 3ème cycle de Sciences Economiques’, Université Laval, Québec, Canada. He has been working for the Constance Group from 1984 to 2016 and occupied various executive positions and directorships. His latest position being Group Head of Projects and Development.  He has been appointed as the NonExecutive Chairman of IBL Ltd on the July 1, 2016 and is also a member of the Board of Directors of several major companies of IBL Group. 

Jan Boullé also serves on the board of Alteo Agri Ltd (previously known as Alteo Limited) since 2012 and following the Group’s restructuring exercise in April 2018. 

Directorships in other listed companies:

  •  IBL Ltd (Chairman) 
  •  BlueLife Limited 
  •  Lux Island Resorts Ltd 
  •  Phoenix Beverages Limited  
  •  Phoenix Investment Company Limited 
  •  The Bee Equity Partners Ltd

 

Arnaud Dalais
Non-Executive Director - Appointed in April 2018

P. Arnaud Dalais has been a director of Alteo Agri Ltd (previously known as Alteo Limited) since 1984 and acted as its Group Chief Executive from November 1991 until June 2015.  He was also the Chairman of the board of Alteo Agri Ltd from June 2015 until April 2018.  Under his leadership as Group Chief Executive of Alteo Agri Ltd, the latter company had gone through an important development both locally and on the international front. He has led his team to successfully conclude the amalgamation of ex-Flacq United Estates Ltd with and into ex-Deep River Beau Champ Limited which has been renamed Alteo Limited, and thereafter Alteo Agri Ltd, following the restructuring of the Group in 2018. He was also the Chairman of the Board of Alteo Limited from April to June 2018. P. Arnaud Dalais has a profound knowledge of the Group at large and of the cane industry in general both locally and internationally.  He has a good entrepreneurship spirit and innovative leadership having been one of the founders of the Group’s property development under the IRS scheme at Anahita as well as playing an important part in the internationalisation process of Alteo over the years. 

P. Arnaud Dalais is the Chairman of the CIEL Group and as such, chairs the Boards of CIEL Limited and CIEL Textile Ltd. He plays an active role at the level of the Mauritian private sector and has assumed the Chairmanship of a number of organisations including the Joint Economic Council from 2000 to 2002 and of Business Mauritius from 2015-2017.  

Directorships in other listed companies: 

  • CIEL Limited (Chairman)
  • CIEL Textile Limited (Chairman)
  • Sun Limited
Jean-Pierre Dalais
Non-Executive Director - Appointed in April 2018

Jean-Pierre Dalais joined CIEL Group in January 1992 and is the Group Chief Executive of CIEL Group since January 2017 overseeing all Group operations; he was formerly Executive Director at CIEL focusing particularly on the development of the Group’s Hotels & Resorts, Financial Services and Healthcare clusters. Before that, Jean-Pierre was the Chief Executive Officer of CIEL Investment Ltd. and graduated with an MBA from the International University of America, San Francisco, and previously worked at Arthur Anderson (Mauritius and France).     

Prior to the Group’s restructuring exercise in April 2018, Jean-Pierre Dalais has served on the board of Alteo Agri Ltd (previously known as Alteo Limited) as Director since 2014 until April, 2018.  

Board Committee membership: 

  • Corporate Governance, Nomination, Remuneration & Ethics Committee

Directorships in other listed companies:  

  • Sun Limited (Chairman) 
  • CIEL Limited 
  • CIEL Textile Limited  
  • Phoenix Beverages Limited (Alternate Director) 
Amédée Darga
Independent Non-Executive Director - Appointed in April 2018

Amédée Darga is a Fellow of the Royal Society of Arts. He is also a Fellow of the Institution of Engineers of Mauritius. He is the Managing Partner of Straconsult, a Social Science Researcher, the Chairman of SEATINI (Southern & Eastern Africa Trade Information Network Initiative), and Chairman of the Mauritius Africa Business Club. Amédée Darga has served as Minister of Housing, Lands, Town and Country Planning for 2 years and previously occupied numerous positions such as Mayor of Curepipe. He was a Member of Parliament from 1976 at the age of 26. He is a regular resource person to the United Nations on matters of governance and economic development.  

Prior to the Group’s restructuring exercise in April 2018, Amédée Darga has served on the board of Alteo Agri Ltd (previously known as Alteo Limited) as Director since 2012 until April 2018.  

Board Committee membership: 

  • Audit & Risk Committee 

Directorships in other listed companies: 

  • CIM Financial Services Ltd 
Jérôme de Chasteauneuf
Non-Executive Director - Appointed in April 2018

Jérôme de Chasteauneuf is a Chartered Accountant of England and Wales and holds a BSc Honours in Economics from the London School of Economics and Political Science, UK (1989). He joined the CIEL Group in 1993 as Corporate Finance Advisor and became Head of Finance of the CIEL Group in 2000. He was nominated Group Finance Director of CIEL in January 2017. He has been closely involved with the sugar industry by acting as Head of Finance of Deep River- Beau Champ Limited for several years.  

Jérôme de Chasteauneuf also serves on the board of Alteo Agri Ltd (previously known as Alteo Limited) since 2014 and is also present on numerous Boards of Alteo subsidiaries. He is currently Chairman of Sucrière des Mascareignes Ltd, the Mauritius holding company of the Tanzanian and Kenyan sugar operations.   

Board Committee membership: 

  • Corporate Governance, Nomination, Remuneration & Ethics Committee 
  • Audit & Risk Committee 

Directorships in other listed companies:   

  • CIEL Limited 
  • CIEL Textile Limited   
  • Harel Mallac & Co. Ltd 
  • Sun Limited 
  • The Medical & Surgical Centre Limited 

 

Jean de Fondaumiere
Independent Non-Executive Director - Appointed in April 2018

Jean de Fondaumière is a Chartered Accountant of Scotland. He worked in Australia for eleven years and he retired as the CEO of the Swan Group at the end of 2006 after fifteen years. He is a past Chairman of The Stock Exchange of Mauritius and his former directorships include companies operating in the African, Indian Ocean and Asia Pacific regions. Jean de Fondaumière holds a portfolio of directorships in Mauritius for companies operating in commerce, finance, power generation, sugar and tourism. Prior to the Group’s restructuring exercise in April 2018, Jean de Fondaumière has served on the board of Alteo Agri Ltd (previously known as Alteo Limited) as Director for several years since 1996 until April 2018.  

Board Committee membership: 

  • Audit & Risk Committee (Chairman) 
  • Corporate Governance, Nomination, Remuneration & Ethics Committee (Chairman) 

Directorships in other listed companies:  

  • Constance Hotels Services Ltd 
  • Constance La Gaieté Company Ltd 
  • Hotelest Ltd 
  • LUX* Island Resorts Ltd 
  • United Investments Ltd 

 

Patrick de L.D'Arifat
Executive Director - Appointed in September 2017 upon the Company’s incorporation

Patrick de L. d’Arifat is the Chief Executive Officer of Alteo Group since 2012.  He holds a BSC degree in Economics and Accountancy from City University, London. He started his career with the Mauritius Chamber of Agriculture in 1982, and in 1990, he was appointed Director of the Mauritius Sugar Producers Association. He has chaired that same association for four years and that of the Mauritius Sugar Syndicate for two years. In 2001, Patrick de L. d’Arifat joined CIEL Agro-industry as Chief Executive Officer. Throughout those years, Patrick de L. d’Arifat has been closely associated with the policy formulation and implementation of the modernization process of the sugar industry in Mauritius and in the region. Patrick de L. d’Arifat also serves on the board of Alteo Agri Ltd (previously known as Alteo Limited) since 2012 and following the Group’s restructuring exercise in April 2018.

Directorship in other listed companies:

  • Constance La Gaieté Company Limited
Fabien de Marassé Enouf
Executive Director - Appointed in April 2018

Fabien de Marassé Enouf holds a Bcom (Accounting and Finance) from Curtin University, Australia, and qualified as a member of the Institute of Chartered Accountants in England and Wales in 2004. He joined the Corporate Finance practice of PwC Mauritius in 2005. As Senior Manager at PwC, he has advised clients across a variety of sectors on business valuations, M&A and finance raising projects and has regularly been involved in stock market related transactions. Fabien de Marassé Enouf joined Alteo in January 2014 as Chief Finance Executive. Fabien de Marassé Enouf also serves on the board of Alteo Agri Ltd (previously known as Alteo Limited) since 2015 and following the Group’s restructuring exercise in April 2018. 

 

 

Thierry Lagesse
Non-Executive Director - Appointed in April 2018

Thierry Lagesse holds a ‘Maîtrise des Sciences de Gestion’ from the University of Paris Dauphine. He was the Non-Executive Chairman of IBL Ltd, Alteo Agri Ltd (previously known as Alteo Limited), Phoenix Beverages Limited and The United Basalt Products Ltd up to August 13, 2013 and acts as Director of several other companies quoted on the Stock Exchange of Mauritius Ltd.  Thierry Lagesse is presently a director of several well-known companies listed on the Stock Exchange of Mauritius namely: IBL Ltd, Lux Island Resorts Ltd, Phoenix Beverages Limited, Phoenix Investment Company Limited and  The United Basalt Products Ltd and. He is also the Executive Chairman and founder of Palmar Group, a textile and garment export oriented manufacturing company and Executive Chairman of Parabole Group (direct to home satellite TV broadcaster). Prior to the Group’s restructuring exercise in April 2018, Thierry Lagesse has served on the board of Alteo Agri Ltd as Director since 1983 until April 2018. 

Directorships in other listed companies:   

  • IBL Ltd
  • Lux Island Resorts Limited
  • Phoenix Beverages Limited
  • The United Basalt Products Ltd
  • Phoenix Investment Company Limited

Executive Team

  • Patrick de L. d'Arifat
    Chief Executive Officer

    Patrick de L. d’Arifat is the Chief Executive Officer of Alteo Group since 2012.  He holds a BSC degree in Economics and Accountancy from City University, London. He started his career with the Mauritius Chamber of Agriculture in 1982, and in 1990, he was appointed Director of the Mauritius Sugar Producers Association. He has chaired that same association for four years and that of the Mauritius Sugar Syndicate for two years. In 2001, Patrick de L. d’Arifat joined CIEL Agro-industry as Chief Executive Officer. Throughout those years, Patrick de L. d’Arifat has been closely associated with the policy formulation and implementation of the modernization process of the sugar industry in Mauritius and in the region. Patrick de L. d’Arifat also serves on the board of Alteo Agri Ltd (previously known as Alteo Limited) since 2012 and following the Group’s restructuring exercise in April 2018. 

     

  • Robert Baissac
    Chief Executive Officer of TPC Limited

    Robert Baissac holds a BSc (Hons) in Agriculture from the University of Natal, Pietermaritzburg, South Africa. He joined the Group in 1984 as Assistant Agronomist of Deep River Beau Champ Ltd and was then appointed Agronomist in charge of diversification in 1985. In 1987, he joined Mon Trésor Mon Désert S.E as Agronomist. He was thereafter employed as Field Manager of Compagnie de Beau Vallon Ltée in 1991. Since 2000, Robert Baissac has been the CEO of TPC Limited in Tanzania.

  • Fabien de Marasse Enouf
    Chief Finance Executive

    Fabien de Marassé Enouf holds a Bcom (Accounting and Finance) from Curtin University, Australia, and qualified as a member of the Institute of Chartered Accountants in England and Wales in 2004. He joined the Corporate Finance practice of PwC Mauritius in 2005. As Senior Manager at PwC, he has advised clients across a variety of sectors on business valuations, M&A and finance raising projects and has regularly been involved in stock market related transactions. Fabien de Marassé Enouf joined Alteo in January 2014 as Chief Finance Executive. Fabien de Marassé Enouf also serves on the board of Alteo Agri Ltd (previously known as Alteo Limited) since 2015 and following the Group’s restructuring exercise in April 2018. 

     

  • Arnaud D’Unienville
    Chief Operations Officer – Agricultural Activities of Alteo Agri Ltd (as from 1st January 2018)

    Arnaud d’Unienville holds a Master of Business Administration from the University of Surrey, England, UK. He joined the Group on 1st July 2017 as Designate COO, and was then appointed COO of Alteo Agri Ltd in January 2018.  He counts more than 30 years’ experience in the sugar industry, mostly regionally, in many African countries, but also locally. In Africa, Arnaud was the Directeur Technique de Sucrivoire in Ivory Coast, from 2000 to 2005. He has spent 12 years working as Directeur du Parc Matériel and Directeur Technique Machinisme Agricole for the SOMDIAA Group.

  • Stéphane Isautier
    Development Executive of Sucrière des Mascareignes Limited

    Stéphane Isautier holds a Master in Agronomy from the Institut National Agronomique, Paris (1993). He then spent 5 years in the audit department of Arthur Andersen Paris, where he acquired a strong financial and corporate background. Over the last 18 years, Stéphane pursued his career in the sugar industry and occupied various executive positions in cane and beet sugar processing units, in Vietnam, Czech Republic, Reunion Island, Mozambique, Brazil and France. Stéphane joined the Group in February 2015 as Development Executive, to lead the Group’s initiatives to become a regional player in the cane and sugar industries.

  • Sébastien Lavoipierre
    Chief Operations Officer - Industrial Activities

    Sébastien Lavoipierre holds a BSc in Chemical Engineering from the University of Natal, South Africa, and an MBA from Heriot Watt University, Edinburgh Business School. He joined Les Gaz Industriels in 1998 as Production Manager and then held a senior management position at Ireland Blyth Limited from 2003 to 2006. He was the Project Manager of the MCFI Group from 2007 to 2008 and the Business Development Manager of the Harel Mallac Group in 2009. In 2010, he was promoted to the position of Managing Director of the Chemical arm of the Harel Mallac Group. Sébastien joined Alteo Group in August 2013. He is currently the Group’s Chief Operations Officer of the Industrial Cluster in Mauritius.

  • Patrice Legris
    Chief Executive Officer of Alteo Properties Ltd

    Patrice Legris holds a Master in Economic and Social Administration from Sorbonne, Paris, as well as a Diploma in Personnel Management from the University of Mauritius. CEO of Alteo Properties Ltd since April 2012, with a career spanning over three decades, Patrice has several milestones that are worth highlighting in the Sugar, Hospitality & Tourism and Real Estate sectors. He is the Chairperson of the Social Capital Commission, one of the three strategic commissions supported by Business Mauritius.  He was a member of several committees, such as Tripartite Committee on Wage Compensation, Mauritius Tourism and Promotion Authority, Tourism Fund and Tourism Employee Welfare Fund. Patrice was previously CEO of l’AHRIM (Association des Hoteliers et Restaurateurs de l’Ile Maurice) and a former Director of the Mauritius Sugar Producers Associations (MSPA).

  • Jean-Robert Lincoln
    Group Agricultural Development Executive

    Jean-Robert Lincoln holds a BSc in Crop Science from Natal University, South Africa (1983), a Certificate in Sugar Agriculture from the South African Sugar Association (1984), a Certificate in Agricultural Water Management from Cranfield University, UK (1990), and an MBA from the University of Surrey, UK (1997). Jean-Robert joined the Group in 1985. Initially involved with sugarcane operations in Mauritius, he occupied various responsibilities within Agronomy and Research & Development (R&D). Over the last 20 years, he has been playing a more active role in evaluating and developing agricultural opportunities abroad and is currently Group Agricultural Development Executive. Jean-Robert also represents the Mauritius Chamber of Agriculture on the R&D Committee of the Mauritius Sugarcane Industry Research Institute (MSIRI), and serves as an Agronomy Section committee member of the International Society of Sugar Cane Technologists (ISSCT).

  • David Martial
    Commercial and Development Director of Alteo Properties Ltd

    David Martial holds a Master in Communication from the University of Nice-Sophia Antipolis, France (2001). He started his career at MCB before being appointed Group Communication Manager of CIEL in 2006, overlooking its corporate communications strategy. From 2006 to 2010, he was involved in many of CIEL Group’s projects & investments in different sectors, such as agro-industry, textile, investment and property, including the initial development phases of Anahita.

    David pursued his career in the tourism and hospitality sectors as Group Marketing Manager at Sun Resorts and as Head of Marketing & Business Development at VLH. From 2012 to 2016, he was the Managing Partner of Hospitality Plus, a company specialised in digital marketing and reservations solutions for the hospitality and travel sectors in Africa and the Indian Ocean region. David joined the Group in September 2016 to manage its communication strategy and evaluate new business development opportunities in Mauritius. In 2017, David was appointed as Commercial and Development Director of Alteo Properties Ltd to head the Sales, Marketing and Business Development departments. He also works on future projects for Mauritius’ Eastern region, and participates in the execution of Alteo’s Master Plan, which will identify strategic opportunities in the medium- and long-term.

  • Frederick North-Coombes
    CEO Transmara Sugar Company Limited

    Frederick North-Coombes holds a BSc in Mechanical Engineering from the University of Cape Town, South Africa. He started his career in 1995 as Factory Superintendent at Union Saint Aubin Milling Company Ltd in Mauritius. Frederick joined the Group in 2006 as Mechanical Project Engineer in TPC and later on as Assistant Factory Executive and Garage & Transport Executive in TPC. He counts a fruitful experience of 18 years in the sugar industry and 10 years at TPC, both in the Industrial and Garage departments. Frederick was appointed as the Chief Executive Officer of Transmara on 1st May 2017.

  • Sophie Strauss
    Human Resources Executive

    Sophie Strauss holds a Master in Human Resources Management from the University of Guildhall in the UK and has a Fellow Membership of the Chartered Institute of Personnel and Development. She joined the group in August 2015 after spending 10 years with the UK branch of the Nestlé Group. She was the Lead Human Resources Business Partner of the beverage category, before being appointed as the Head of Human Resources for Nestle Waters UK in 2010. Before her time in FMCG, Sophie spent 7 years with Compass Group Plc UK, focusing on HR management in contract catering and the food retail sector, in both railway stations and airports. Her operational experience and expertise lend themselves to the focus required in terms of the overall human resources strategy for the Group.

  • Christian Marot
    Chief Operations Officer – Agricultural Activities of Alteo Agri Ltd (until 31st December 2017)

    Christian Marot holds a Master of Business Administration from University of Surrey, England, UK. He joined Deep River-Beau Champ Ltd in 1983 as Section Manager, and occupied the positions of Assistant Field Manager (1987) and Field Manager (1991) until his nomination as General Manager in 2002. Christian was the Chief Operations Officer – Agricultural Activities of Alteo Agri Ltd (formerly Alteo Limited) from 2002 to 2017.

  • André Bonieux
    CEO Designate as from November 1st 2018

    André Bonieux is an Associate Chartered Accountant of England and Wales (ICAEW) and holds a BA Honours in Economics, Politics and Sociology from the University of Hull, UK (1980). He worked at Coopers & Lybrand, in London, between 1980 and 1986 before returning to Mauritius as a Manager at Julienne & Co (now EY). Between 1987 and 1989, he was the Assistant General Manager of Corona Clothing Co Ltd, then moved to Kemp Chatteris (now Deloitte) where he was a Partner from 1989 to 1996. Between 1996 and 2018, André Bonieux was a Partner of Price Waterhouse/PwC, Senior Partner since 2007 and Chairman of PwC’s Africa Board between 2014 and 2018. During his time at PwC, he was head of Transactions, essentially PwC’s Mergers and Acquisitions practice. He has extensive knowledge of the sugar industry through a number of consulting / advisory assignments over the years, particularly in energy and corporate restructurings.