IBL Management

Management criteria checks 2/4

IBL's CEO is Arnaud Lagesse, appointed in Aug 2005, has a tenure of 18.67 years. directly owns 2.74% of the company’s shares, worth MUR802.43M. The average tenure of the management team and the board of directors is 6.8 years and 6.8 years respectively.

Key information

Arnaud Lagesse

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	18.7yrs
CEO ownership	2.7%
Management average tenure	6.8yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO

Arnaud Lagesse (55 yo)

18.7yrs

Tenure

Mr. Arnaud Marie-Cyril Lagesse serves as Non-Executive Chairman of Phoenix Investment Company Limited since 2017 and its Director since 1998. Mr. Lagesse has been Group Chief Executive Officer of IBL Ltd....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arnaud Lagesse	Group CEO & Executive Director	18.7yrs	no data	2.74% MUR 802.4m
Hugues Lagesse	CEO of BlueLife & Non-Executive Director	2.8yrs	MU₨625.00k	3.61% MUR 1.1b
Dipak Chummun	Group Chief Financial Officer	7.8yrs	no data	no data
Patrice Georges Robert	Group Head of Operations & Executive Director	5.7yrs	no data	no data
Christine Marot	Group Head of Technology & Sustainability	3.8yrs	no data	no data
Olivier Decotter	Head of Risk Management & Compliance and Ethics Officer	no data	no data	no data
Anaick Larabi	Head of Group Legal Affairs	no data	no data	no data
Hubert Gaspard	Group Chief Human Capital Officer	no data	no data	no data
Laurent de la Hogue	Head of Financial Services	7.8yrs	no data	no data
Laurent Fayolle	Chief Executive Officer of IBL Link	4.3yrs	no data	no data
Thierry Labat	Group Head of Corporate Services	6.8yrs	no data	no data
Hubert Leclezio	Head of Business Development - Mergers & Acquisitions	7.8yrs	no data	no data

6.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: IBLL.N0000's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Arnaud Lagesse	Group CEO & Executive Director	23.6yrs	no data	2.74% MUR 802.4m
Hugues Lagesse	CEO of BlueLife & Non-Executive Director	8.8yrs	MU₨625.00k	3.61% MUR 1.1b
Patrice Georges Robert	Group Head of Operations & Executive Director	less than a year	no data	no data
William Ebot Egbe	Independent Non-Executive Director	1.5yrs	MU₨1.34m	no data
Thierry Lagesse	Non-Executive Director	40.6yrs	MU₨1.60m	2.42% MUR 708.6m
Louis Boulle	Non-Executive Chairman	18.1yrs	MU₨6.50m	2.33% MUR 682.7m
Jean Maurice Arlove	Independent Non-Executive Director	3.3yrs	MU₨1.88m	0.017% MUR 5.0m
Martine de Fleuriot de Coliniere	Non-Executive Director	7.4yrs	MU₨975.00k	no data
Jean-Pierre Lagesse	Non-Executive Director	8.8yrs	MU₨575.00k	no data
Marie Joseph Lagesse	Non-Executive Director	6.2yrs	MU₨1.10m	5.73% MUR 1.7b
Georges Jean Desvaux	Independent Non-Executive Director	2.3yrs	MU₨1.78m	no data
Alvares De Melo Isabelle	Non-Executive Director	4.6yrs	MU₨1.18m	no data

6.8yrs

Average Tenure

62yo

Average Age

Experienced Board: IBLL.N0000's board of directors are considered experienced (6.8 years average tenure).

IBL Management

Management criteria checks 2/4

Key information

Recent management updates

IBL Ltd, Annual General Meeting, Nov 30, 2023

IBL Ltd, Annual General Meeting, Dec 30, 2022

Recent updates

Second quarter 2024 earnings released: EPS: MU₨0.82 (vs MU₨0.61 in 2Q 2023)

Upcoming dividend of MU₨0.18 per share at 1.5% yield

New major risk - Financial position

First quarter 2024 earnings released

IBL Ltd, Annual General Meeting, Nov 30, 2023

Full year 2023 earnings released: EPS: MU₨4.51 (vs MU₨1.71 in FY 2022)

Upcoming dividend of MU₨0.50 per share at 1.5% yield

IBL Ltd Declares Final Dividend in Respect of the Financial Year Ending 30 June 2023, Payable on or About 10 July 2023

Third quarter 2023 earnings released: EPS: MU₨0.88 (vs MU₨0.59 in 3Q 2022)

IBL Ltd (MUSE:IBLL.N0000) has signed an agreement to acquire unknown majority stake in Harley's Limited.

Second quarter 2023 earnings released: EPS: MU₨0.61 (vs MU₨0.84 in 2Q 2022)

Atlantic Financial Group agreed to acquire a 30.29% stake in AfrAsia Bank Limited from IBL Ltd (MUSE:IBLL.N0000).

Upcoming dividend of MU₨0.16 per share

IBL Ltd, Annual General Meeting, Dec 30, 2022

IBL Ltd Declares Interim Dividend in Respect of the Financial Year Ending 30 June 2023, Payable on 30 December 2022

First quarter 2023 earnings released: EPS: MU₨0.36 (vs MU₨0.28 in 1Q 2022)

Full year 2022 earnings released: EPS: MU₨1.71 (vs MU₨0.22 in FY 2021)

Upcoming dividend of MU₨0.45 per share

Third quarter 2022 earnings released: EPS: MU₨0.59 (vs MU₨0.15 loss in 3Q 2021)

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of MU₨0.15 per share

First quarter 2022 earnings released: EPS MU₨0.28 (vs MU₨0.008 loss in 1Q 2021)

Full year 2021 earnings released: EPS MU₨0.14 (vs MU₨1.72 loss in FY 2020)

Upcoming dividend of MU₨0.33 per share

Third quarter 2021 earnings released: MU₨0.15 loss per share (vs MU₨0.14 profit in 3Q 2020)

New 90-day low: MU₨43.50

Second quarter 2021 earnings released: EPS MU₨0.50 (vs MU₨0.39 in 2Q 2020)

New 90-day high: MU₨48.00

Upcoming Dividend of MU₨0.11 Per Share

New 90-day high: MU₨46.05

Third quarter 2020 earnings released: EPS MU₨0.14

New 90-day high: MU₨44.10

New 90-day low - MU₨45.50

IBL Ltd (MUSE:IBLL.N0000) along with a financial partner cancelled the acquisition of The General Construction Company Limited.

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age