Governance
Above and beyond all other considerations, our governance aims to provide the best possible framework to serve the interests of our investors.
Board of Directors of Carmignac Gestion
Structure
The board has a total of 10 internal and external members.Role
The role of the board is to set strategic direction of the company and to oversee its smooth running.Frequency
The board meets at least twice a year.Internal members
Edouard Carmignac
Chairman of the Board of Directors and Managing Director Carmignac Gestion
Maxime Carmignac
Chief Executive Officer and Director of Carmignac UK Ltd
Rose Ouahba
Managing Director Carmignac Gestion
Christophe Peronin
Managing Director Carmignac GestionExternal members
- Eric Helderlé co-founded Carmignac alongside Edouard Carmignac in 1989 after holding various sales management positions in the financial savings sector. He was General Manager of Carmignac until 2018, where he was in charge of distribution and marketing, before joining Carmignac Gestion Luxembourg as Managing Director. Eric Helderlé retired from his operational functions within Carmignac on 31 March 2024. Eric Helderlé has been a member of the Board of Directors of Carmignac Gestion since its creation.
- Gérard Corne is an experienced professional in the fields of property and finance. He is currently the main shareholder and Managing Director of GERIFIM GROUP and GERI INTERNATIONAL. Gérard Corne has been a member of the Board of Directors of Carmignac Gestion since its creation.
- Jaime Espinosa de los Monteiros, former vice-president of Kepler Capital Markets, is currently chairman of ATL Gestora and Espinosa Partners Asesores. Jaime Espinosa de los Monteros joined Carmignac Gestion’s Board of Directors in 2013.
- Eric Le Coz joined Carmignac Gestion in 1998 as Portfolio manager in charge of derivative strategies. He was then promoted to Director of Product Development and Member of Investment Committee in 2004, then appointed Deputy Managing Director in 2011 and Managing Director of Carmignac Gestion Luxembourg from 2012 to 2016.
- Habib Achkar was a banker at Morgan Stanley for over 30 years. He has held the following positions: Head of the trading room in Paris, CEO of Morgan Stanley Saudi Arabia, CEO of Morgan Stanley MENA (Middle East and North Africa) and finally Vice Chairman. Habib is currently Senior Advisor to the CEO at M&G Plc in London and founder of Marcory Advisors Limited. He joined the Board of Directors of Carmignac Gestion in 2024.
- Pascale Guillier, after practising for 15 years as a lawyer at the Paris Bar and then as Deputy Editor-in-Chief of Agefi Actifs, joined Carmignac Gestion in 2006 as General Counsel before being promoted to General Secretary from 2010 to 2022. She joined the Board of Directors of Carmignac Gestion in 2024.
- Alexander Leisten is Non-Executive Director at Fidelity International where he served as Country Head Germany and Member of the European Operating Committee and the Extended Global Operating Committee between 2014 and 2024. He is also Chairman of the Supervisory Board of FFB GmbH. Before joining Fidelity, he held Managing Director positions at Deutsche Asset & Wealth Management and private banking group Sal. Oppenheim jr. & Cie. between 2000 and 2014. At the latter he headed the institutional asset management business respectively chairing (2010 - 2014) and co-chairing (2005 - 2010) Oppenheim KVG and Oppenheim Capital Management. Alexander has more than 35 years of experience at family-owned asset management businesses and joined Carmignac Gestion’s Board of Directors in June of 2024.
Remuneration and Appointments Committee
Carmignac’s Remuneration and Appointments Committee is in charge of remuneration-related matters. It assists the governance bodies of the group’s companies in selecting new directors and assessing the company’s Human Resources (HR) policy.
Members:
- Eric Helderlé, Committee Chairman
- Maxime Carmignac
- Habib Achkar
Audit Committee
The audit committee's duties include monitoring matters relating to the preparation and control of accounting and financial information, as well as the monitoring of internal audit systems.
Members:
- Eric le Coz, Committee Chairman
- Jaime Espinosa de los Monteiros
- Alexander Leisten
- Pascale Guillier
Strategic Development Committee
Structure
The committee is made up of 13 key members of Carmignac staff.Role
The role of the committee is to enforce general strategy.Frequency
The committee meets on a bimonthly basis.Permanent members:
- Maxime Carmignac, Chief Executive Officer and Director of Carmignac UK Ltd
- Christophe Péronin, Managing Director of Carmignac Gestion
- Rose Ouahba, Managing Director of Carmignac Gestion
- Caroline Ackermann, General Counsel - Corporate & M&A
- Edouard Boscher, Head of Private Equity
- Abdellah Bouziane, Global Head of Compliance
- Cyril de Girardier, Chief Financial Officer Group, Conducting Officer Carmignac Gestion Luxembourg
- Corinne Demeude, General Counsel - Legal & Tax
- Sophie Derobert, Head of Human Resources Carmignac Gestion
- Frédéric Leroux, Head of Cross Asset
- Laurent Mathieu, Chief of Staff
- Lloyd McAllister, Head of Sustainable Investment
- Simon Zaks, Head of Communication
The different governance bodies also rely on various group committees which focus on specific key business areas.