Mr Thierry Lagesse was appointed Director of the Company on December
20, 1989, and subsequently Chairman of the Board in December 2002 until August 2013. Born in 1953, Mr Lagesse holds a ‘Maîtrise des Sciences de Gestion’ from the University of Paris Dauphine. He is the Founder of the Palmar Group, a textile and garment-oriented manufacturing company and a visionary entrepreneur, having launched Parabole Reunion Group of Companies in 1999, a Direct To Home satellite television company in
the Indian Ocean Islands. He is also the Executive Chairman of Parabole Group
and presently serves as Director on several well-known companies listed on
the Stock Exchange of Mauritius namely: Alteo Limited, IBL Ltd, Lux Island Resorts Ltd, Phoenix Beverages Limited and Phoenix Investment Company Limited.