Board of Directors

Our Board of Directors sets our strategic guidelines and ensures that they are implemented.

Role and missions

Our Board of Directors addresses all issues regarding the proper operation of the Group and deliberates and decides the matters put before it. It carries out the checks and verifications that it considers appropriate. The Board of Directors is kept informed of the Group's business activities, its financial and cash position, and significant commitments.


Our Board of Directors in figures

Male-female parity is at the heart of our Board of Directors and reflects our commitment to gender equality.

Composition of the Board of Directors

We have as many women as men on our Board of Directors, and a majority of independent Directors.

Bernard Carayon
Chairman of the Board of Directors
Bernard Carayon
Nationality: French
First appointed: GM of 4/18/2018
Term of office expires: OGM 2022
Independent Director
Member of the Strategy and Investment Committee

Bernard Carayon has a PhD in Economics Science from Sorbonne University in Paris. With his extensive audit and risk management experience as well as serving on the Boards of public corporations in the past, Bernard Carayon's appointment brings banking, CSR and asset management skills to the Board. Until March 2017, Bernard Carayon was Director and Chief Executive Officer of Amundi AM, Head of Steering & Internal Control at Amundi, and advisor on SRI issues to Amundi's Executive Leadership Team.

Méka Brunel
Director and Chief Executive Officer
Méka Brunel
Nationality: French
First appointed: GM of 4/23/2014
Term of office expires: OGM 2022
Member of the Strategy and Investment Committee

Méka Brunel is a business leader in the real estate industry. She is an ETP engineer, an Executive MBA from HEC and FRICS. As of 1996 she held a range of management positions at Simco, which later merged with Gecina. In 2006, she became Chief Executive Officer of Eurosic, before joining Ivanhoé Cambridge in 2009 as Executive President of its European real estate activities. She has been a Director at Gecina since 2014 and was appointed as its Chief Executive Officer in January 2017. Fully involved in corporate life and professional bodies (Director of Crédit Foncier de France, honorary Chair of the HQE Association - France GBC, Director of FSIF and EPRA), Méka Brunel was appointed in October 2017 to chair the Métropole du Grand Paris (Greater Paris metropolitan authority) development board. She was also named Professional of the Year in the 2013 and 2018 Pierres d’Or awards.

Sylvain Fortier
Permanent representative of Ivanhoé Cambridge Inc. - Director
Sylvain Fortier
Nationality: Canadian
First appointed: 4/21/2016
Term of office expires: OGM 2021
Chairman of the Strategy and Investment Committee

Sylvain Fortier is Head of Innovation, having been President, Residential, Hotels and Real Estate Investment Funds at Ivanhoé Cambridge and strategic advisor to the CEO of Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec, one of the largest institutional fund managers in Canada. He was responsible for a residential portfolio worth CAD$ 12 billion and a hotel portfolio currently comprising some 4,000 rooms in Canada and the United States, as well as the Company's real estate fund investments. They represent more than CAD$ 5 billion capital invested worldwide. Sylvain Fortier is also a Director of Otéra Capital, a mortgage provider with a CAD$ 11 billion portfolio. Sylvain Fortier has some 30 years' experience of real estate investment and financing all around the world. He began his career at London Life, before moving to Standard Life. He then joined Caisse de dépôt et placement du Québec and its real estate divisions, holding a number of senior management positions in Canada and the United States. In 2010, he was appointed Vice President Advisor for real estate strategy, then moved on to various strategic roles in that field leading to the position of President, Residential, Hotels and real estate investment funds at Ivanhoé Cambridge, before landing his present role. Sylvain Fortier is a Business Studies graduate specializing in Finance and Real Estate, of McGill University (Montreal, Canada). He is a member of PREA and the National Multifamily Housing Council (NMHC) and a Director of Théâtre du Nouveau Monde, Montreal.

Jean-Jacques Duchamp
Permanent representative of Predica - Director
Jean-Jacques Duchamp
Nationality: French
First appointed: GM of 12/20/2002
Term of office expires: OGM 2022
Member of the Strategy and Investment Committee and the Audit and Risk Committee

Graduate of AGRO-INAPG and ENGREF. After a career abroad (India, Morocco, Colombia, etc.) in public works and hydraulics, then in infrastructure financing with the World Bank, Jean-Jacques Duchamp joined Crédit Agricole Group. He held various General Inspectorate and Audit positions at Crédit Agricole Regional Banks, then abroad and in capital markets, before joining the Crédit Agricole SA Group Finance Department. In 2001, he moved to the Personal Insurance business line at Predica as Executive Director of Corporate Financing. In 2011, he was appointed Deputy CEO of Crédit Agricole Assurances and a member of the Executive Committee. He is also a member of the economic and financial committee of the French Insurance Federation

Laurence Danon Arnaud
Independent Director
Laurence Danon Arnaud
Nationality: French
First appointed: GM of 4/26/2017
Term of office expires: OGM 2021
Member of the Governance, Appointments and Compensation Committee and the Audit and Risk Committee

Laurence Danon Arnaud enrolled into the École normale supérieure de Paris in 1977. She graduated with a Physical Sciences degree in 1980. After two years of research at CNRS labs, she was accepted into École nationale supérieure des mines in 1981 and graduated with an Ingénieur du Corps des mines degree in 1984. After five years at the Ministry of Industry and the Hydrocarbons Department, Laurence Danon Arnaud joined ELF Group in 1989. From 1989 to 2001 she held various positions in the Chemistry division at Total FINA ELF, including a period between 1996 and 2001 as CEO of Bostik, the world's second-largest adhesives company. In 2001, Laurence Danon Arnaud was appointed Chair & Chief Executive Officer of Printemps and a member of the Executive Board of PPR (KERING). After the repositioning of Printemps and its successful sale in 2007, she joined the world of finance. From 2007 to 2013 she was Chair of the Management Board of Edmond de Rothschild Corporate Finance, then from 2013 the Chair of the investment bank Leonardo & Co (subsidiary of the Italian group Banca Leonardo). Following the sale of Leonardo & Co to Natixis in 2015, she devoted herself to her Family Office Primerose. Laurence Danon Arnaud has been a Director of Amundi since 2015 and chairs its Strategy Committee. She has also served on the Board of Directors of TF1 since 2010 and chairs its Audit Committee. In addition, she has served on the Boards of Directors of other companies, such as the British company Diageo (2006-2015), PlasticOmnium (2003-2010), Experian Plc (2007-2010), Rhodia (2008-2011), and on the Supervisory Board of BPCE (2009-2013) chairing its Appointments and Compensation Committee. Laurence Danon Arnaud was Commissions President of the French employer federation MEDEF from 2005 to 2013. From 2000 to 2003, she was Chair of the Board of Directors of École des mines de Nantes, and from 2004 to 2006 the President of the École normale supérieure (Paris) Foundation.

Dominique Dudan
Independent Director
Dominique Dudan
Nationality: French
First appointed: GM of 4/24/2015
Term of office expires: OGM 2022
Member of the Audit and Risk Committee

After completing her science studies, Dominique Dudan joined the world of real estate. Accepted as a Member of the Royal Institution of Chartered Surveyors (MRICS), she has since become a Fellow. From 1996 to 2005, Dominique Dudan held the position of Development Director at AccorHotels & Resorts Group. She then moved to HSBC Reim as Chief Operating Officer and member of its Management Board, then to BNP Paribas Reim as Deputy CEO and Director of Regulated Real Estate Funds. In 2009, Dominique Dudan set up her own firm, Artio Conseil, and in 2010 was appointed Chief Executive Officer of Arcole Asset Management. From 2011 to 2015, she was President of Union Investment Real Estate France SAS, and then Chief Executive of Warburg-HIH France. Now Senior Adviser at LBO France and a corporate director, Dominique Dudan is also a member of the Observatoire Régional de l’Immobilier d’Île-de-France (ORIE) which monitors real estate activity in the Paris Region, a member of the Commission fiscale du Groupement des Professions de Services du MEDEF (MEDEF service provider-members taxation commission), a member of the Cercle des Femmes de l’Immobilier (Women in Real Estate Roundtable), the Club de l’Immobilier d’Île-de-France (Paris Region real estate club), and a member of the Breizh Immo Association. She is a Knight of the French National Order of Merit.

Gabrielle Gauthey
Independent Director
Gabrielle Gauthey
Nationality: French
First appointed: 4/18/2018
Term of office expires: OGM 2022
Chair of the Audit and Risk Committee

Gabrielle Gauthey is an alumnus of École Polytechnique and graduated from Télécom Paris Tech and École des mines de Paris with an Ingénieur Général des mines degree. She holds a DEA (M. Phil) in economic analysis. Gabrielle Gauthey's appointment brings to the Board her expertise in new technologies and innovation. From February 2015 to March 2018, Gabrielle Gauthey was Director of Investment and Local Development and a member of the Management Committee Board of the Caisse des Dépôts Group, a French public institution.

Claude Gendron
Director
Claude Gendron
Nationality: Canadian
First appointed: 4/23/2014
Term of office expires: OGM 2020
Member of the Governance, Appointments and Compensation Committee and the Audit and Risk Committee

Claude Gendron is a lawyer by training. He is Special Advisor to the Senior Management of Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec, one of the largest institutional fund managers in Canada. Claude Gendron was, until 2017, Executive Vice President, Legal Affairs, Head of Litigation at Ivanhoé Cambridge and a member of the Management Board. With an MBA from the University of Ottawa, Canada, Claude Gendron also has a Bachelor and a Master’s Degree in Business Law from the University of Montreal, Canada. Specializing in financial and real estate transactions for more than 30 years, he began his career as a legal advisor to the National Bank of Canada, one of Canada's major banks (1975-1980). Claude Gendron then continued his career at legal firms, joining Fasken Martineau DuMoulin as International Head of Business Law where he was senior partner (1998-2013) before moving to Ivanhoé Cambridge.

Jacques-Yves Nicol
Independent Director
Jacques-Yves Nicol
Nationality: French
First appointed: 5/10/2010
Term of office expires: OGM 2022

Jacques-Yves Nicol, a graduate of ESSEC with a postgraduate degree in Economic Science, was Chief Executive Officer of the ESSEC Alumnus Association after being Managing Director for France at Aberdeen Property Investors and Tishman Speyer Properties. He has also held positions of responsibility at Bank of America in France and internationally, notably at Bouygues as Chief Financial Officer and Managing Director for Spain, then at AXA Group as Chief Executive Officer of AXA Immobilier, then successively overseeing the Group's life insurance business in Asia Pacific and the Southern Europe/Middle East regions. He is a member of the Audit Committee Chairmen’s' Club at the French Institute of Directors.

Inès Reinmann Toper
Independent Director
Inès Reinmann Toper
Nationality: French
First appointed: 4/17/2012
Term of office expires: OGM 2020
Chair of the Governance, Appointments and Compensation Committee and member of the Audit and Risk Committee

After completing her Legal studies (DESS / Master’s Degree in Real Estate Law), Inès Reinmann Toper worked at Dumez SAE and Bouygues before continuing her career at Coprim (a Société Générale Group company), initially as Head of Development, then as Operations Director, and finally as Corporate Real Estate Sales Director. From 2000 to 2004, she was Chief Executive Officer at Tertial, then from 2004 to 2007 Tertiary Markets Director at Icade, President of EMGP, President of Tertial, and Director at Icade Foncière des Pimonts. From 2007 to 2010 she was Managing Director Continental Europe at Segro Plc. She was also a Board member of that company. From 2010 to 2014 she was the Acxior Corporate Finance partner in charge of its real estate division. She is Associate Director, Real Estate, at Edmond de Rothschild Corporate Finance, and an Independent Director at Cofinimmo. In addition, she is also a Fellow of the Royal Institution of Chartered Surveyors. She is also a member of the Club de l’Immobilier Île-de-France and of the Cercle des Femmes de l’Immobilier.

Board of Directors Committees

 

 

Strategy and Investment Committee

 

The Committee offers advice and recommendations to the Board of Directors regarding: the definition of the Company strategy proposed by the Chief Executive Officer, its implementation; major projects, investments, and their impact on the Company's accounts. It strives to keep the Company's performance and financial equilibrium consistent with its CSR commitments.

It consists of:

Sylvain Fortier, permanent representative of Ivanhoé Cambridge Inc., Chairman

Méka Brunel

Bernard Carayon*

Jean-Jacques Duchamp, permanent representative of Predica
 

* Independent Director

 

Audit and Risk Committee

 

The Committee audits the Company's financial information, reviews the operation and effectiveness of internal control and risk management systems and material off-balance sheet commitments. It monitors the assessments of service quality offered to tenants.

It consists of:

Gabrielle Gauthey*, Chair

Laurence Danon Arnaud*

Jean-Jacques Duchamp, permanent representative of Predica

Dominique Dudan*

Claude Gendron

Inès Reinmann Toper*

 

* Independent Directors

 

Governance, Appointments and Compensation Committee

 

The Committee reviews how Directors and Corporate Officers are compensated. It intervenes in the reappointment or selection of new Directors and when Corporate Officers are being appointed. It reviews the operation of the Board and its Committees and makes governance improvement proposals.

It consists of:

Inès Reinmann Toper*, Chair

Laurence Danon Arnaud*

Claude Gendron

 

* Independent Directors

Useful documents

Internal rules

By-Laws