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Investment Committee

The Investment Committee is made up of five members, including two independent members, two members representing the Casino Group and the Chairman of the Board of Directors.

 

The Committee meets at least twice a year, meetings being called by the Chairman, who may organize any additional meetings as circumstances require.

Its opinions shall be adopted by a simple majority. When the committee considers a transaction involving the Casino Group, the two representatives of the majority shareholder take part in the discussions in an advisory capacity.

 

The assignments of the Investment Committee are:

 

  • to examine the investment strategy and ensure that planned acquisitions and disposals are consistent with the strategy. In this respect, the Committee shall be regularly informed of planned investments and divestments;

  • to examine and issue an opinion on the annual investment budget;

  • to study and issue an opinion on planned investments and divestments subject to prior authorization by the Board of Directors;

  • to examine all renegotiations (annual or other) relating to the partnership agreement with the Casino Group concerning development projects and acquisitions, on which it shall provide the Board of Directors with an opinion;

  • to carry out all appropriate studies or assignments.

The Investment Committee is made up of five members, appointed for the duration of their term of office as director.

* Independent director

Eric LE GENTIL

Chairman of the Board of Directors and Chief Executive Officer of Mercialys

Eric LE GENTIL

Chairman of the Board of Directors and Chief Executive Officer of Mercialys

Eric Le Gentil is a graduate of the École Polytechnique, the Institut d’Études Politiques de Paris, and the Institut des Actuaires Français. He began his career in 1985 in insurance auditing, and from 1986 to 1992 held various positions within the French Finance Ministry, including that of insurance advisor to the cabinet of Pierre Beregovoy. Between 1992 and 1999 he held various roles at Athéna Assurances and AGF Assurances. Mr Le Gentil joined Generali France in 1999 as Chief Executive Officer of Generali Assurances Vie & Iard. He was then Chief Executive Officer of Generali France Assurances from December 2004 to July 2013, when he was appointed Chairman and Chief Executive Officer of Mercialys.

Michel Savart

Chairman and Chief Executive Officer of Foncière Euris

Michel Savart

Chairman and Chief Executive Officer of Foncière Euris

Michel Savart is a graduate of the École Polytechnique and the École Nationale Supérieure des Mines de Paris. He started his career with Havas in 1986, then moved to Banque Louis Dreyfus in 1987, where he led various projects. Between 1988 and 1994 he managed projects for Banque Arjil (Lagardère Group) and advised the bank’s management board. From 1995 to 1999 he served as Managing Director of Mergers & Acquisitions at Dresdner Kleinwort Benson (DKB). In October 1999, Mr Savart joined Euris-Rallye as Head of Private Equity Investments and Advisor to the Chairman.

Antoine Giscard d'Estaing

Casino Group Chief Financial Officer, representative of Casino, Guichard-Perrachon

Antoine Giscard d'Estaing

Casino Group Chief Financial Officer, representative of Casino, Guichard-Perrachon

Antoine Giscard d’Estaing is a graduate of the HEC School of Management and the École Nationale d’Administration. After serving four years in the Auditing Department of the French Treasury, he joined Suez-Lyonnaise des Eaux is 1990 and eventually became the company’s Chief Financial Officer. He then joined Schneider Electric in 2000 as Executive Vice-President of Finance, Auditing and Legal Affairs, before moving to Danone in 2005 as Executive Vice-President of Finance, Strategy and Information Systems. He was appointed Danone’s Corporate Secretary in 2007. Since 2008, he has been a partner with Bain & Company Paris. He joined Casino Group in April 2009 as Chief Financial Officer and member of the Executive Committee.

Bruno Servant*

Investment Director at Generali France, representative of Generali Vie

Bruno Servant*

Investment Director at Generali France, representative of Generali Vie

As a graduate of ESSEC and the Institut d’Études Politiques de Paris, Public Service section, and the Institut des Actuaires, Bruno Servant began his career at Crédit Lyonnais in August 1985. In January 1986 he became portfolio manager at Citibank, and in May 1988 he joined Banque Shearson Lehman Hutton. He moved to Deutsche Bank in May 1990, where he was head of the Institutional Investment Management department and Chairman of the Management Board of Deutsche Asset Management S.A. In September 2003, he became Chief Operating Officer of UBS Global Asset Management France SA. He then joined the Generali Group in September 2007 as Chief Operating Officer and Corporate Secretary of Generali Investments France. Since March 2012, he has been Investment Director at Generali Vie.

Anne-Marie de Chalambert*

Chairman of the Investment Committee, Independent Director

Anne-Marie de Chalambert*

Chairman of the Investment Committee, Independent Director

Anne-Marie de Chalambert began her career in 1962 as press secretary at Pathé-Marconi. In 1969, she moved into property development within the Valois region as commercial director. In 1980, she founded VLGI (Vente Location Gestion Immobilière), a subsidiary of Banque Lazard, where she was Chairman and Chief Executive Officer. In 1996, she joined Generali as Real Estate Director. She then became Chairman and Chief Executive Officer of Generali Immobilier, where she transformed Generali France’s primarily residential portfolio into a portfolio consisting of primarily office properties, mostly in Paris and the Paris region. She was appointed Chairman of Generali Real Estate Europe in 2004, where she unites the group’s various European real estate teams and invests in communal projects. In 2009, she took up the role of Chairman of the European Real Estate Committee at Generali Immobiliare. Since 2010, she has acted as a consultant to Institut Pasteur in its real estate strategy.