1984 to 2002: Désiré worked at De Chazal Du Mee, where in 1997, he became a partner of the Audit and Business Advisory Department. He was in charge of a portfolio of prestigious clients operating in most sectors of the Mauritian economy and acted as financial adviser on a number of World Bank financed projects in mainland Africa. Désiré was the Deputy Head of the Corporate Finance division of the department and has extensive experience in feasibility studies, financial restructuration, share/business valuation, due diligence reviews.
He joined LUX* in 2003 as Chief Financial Officer. During his career with LUX*, Désiré has gained significant executive experience in numerous aspects of the tourist industry. He has also been closely involved with the Group’s corporate development including equity and debt financings, and a wide range of other corporate transactions, including acquisitions, developments and disposals.
He has served for seven years as non-executive Director of Golden Agri Resources Ltd, a company engaged in palm oil production and listed on the Stock Exchange of Singapore. He also sits on the Board and is a member of the finance commission of the Association des Hotels et Restaurateurs de l’Ile Maurice.
He was appointed as Director of the Company in October 2004.
Directorship in other listed companies: None