Corporate Governance

CIEL Limited, formerly known as Deep River Investment Limited, incorporated on 31 August 1948, is a public company listed on the Official Market of the Stock Exchange of Mauritius.

On 24 January 2014, CIEL Investment Limited was amalgamated with and into Deep River Investment Limited (“DRI”). DRI, as surviving company post Amalgamation, was renamed CIEL Limited. CIEL is also registered as a Reporting Issuer with the Financial Services Commission since the promulgation of the Securities Act 2005. CIEL is an international Mauritian Group, listed on the Stock Exchange of Mauritius and on the SEM Sustainability Index. The Group invests and operates in 6 strategic sectors, namely Textile, Finance, Healthcare, Hospitality, Property and Agriculture.

Board of Directors

Committees of the Board

The Board of CIEL has established four committees namely the Audit & Risk Committee, the Corporate Governance, Ethics, Nomination & Remuneration Committee, the Strategic & Advisory Committee and the Corporate Sustainability Committee which are responsible for assisting the Board in discharging its responsibilities. Each committee acts according to clearly defined terms of reference approved by the Board and reports to the Board on matters discussed at committee meetings.Board Committees are entitled to take independent
and external professional advice, as and when necessary. Senior Management as well as internal and external auditors regularly attend Committee meetings to report on specific issues.

Board Committees

Strategic & Advisory Committee

R. Thierry Dalais

( Chairman)

Damien Braud

Sébastien Coquard

P. Arnaud Dalais

Jean-Pierre Dalais

Pierre Danon

L. J. Jérôme De Chasteauneuf

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Audit & Risk Committee

Catherine McIlraith

( Chairman)

Pierre Danon

M. A. Louis Guimbeau

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Corporate Governance, Ethics, Nomination & Remuneration Committee

Pierre Danon

( Chairman)

P. Arnaud Dalais

R. Thierry Dalais

Xavier Thiéblin

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Corporate Sustainability Committee

Roger Espitalier Noël

( Chairman)

Jean-Pierre Dalais

Hélène Echevin

Dev Sewgobind

Oumhany Sy

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