Ciel Finance Limited
CIEL Limited through CIEL Finance Limited (“CFL”) holds substantial interests in the financial services sector with significant stakes in MITCO, Bank One Ltd, Investment Professionals Ltd, IPRO Growth Fund, The Kibo Fund LLC, and BNI Madagascar. CIEL Finance Limited (“CFL”) is a subsidiary of CIEL Limited (“CIEL”) and the specialised Banking & Financial Services cluster of the group, today actively involved in 4 sub-sectors of the financial industry:
- Banking (Bank One / BNI Madagascar)
- Fiduciary Services and Companies / Funds administration (MITCO)
- Asset Management (IPRO), and Private Equity (Kibo).
With over 1100 employees, CIEL Finance operates in Mauritius, Madagascar, Seychelles, Kenya, South Africa and Botswana.
CFL’s mission is to strengthen its presence in Sub-Saharan Africa and the Indian Ocean, where there is a huge growth potential with the rapid economic development in those regions, while generating additional value through synergies between the units of CIEL Finance and all partners associated to the company at various levels.
Chief Executive Officer
Marc-Emmanuel Vives has joined CIEL Finance Limited as CEO in September 2014, bringing with him more than 25 years of experience at Société Générale.
After initial steps within the General Inspection department of the Group, he spent the next 18 years of his career in various assignments in emerging countries. He was first posted in Argentina as Commercial Director, then Chairman & CEO of Société Générale and later moved to Russia, where he was the CEO of Bank Société Générale Vostok, before becoming First Deputy Chairman of Rosbank.
He finally moved to India as Country manager. Marc Emmanuel holds a Master’s degree in Business Administration from HEC Business School France as well as a degree in History from Sorbonne University, Paris.