Guillaume Dalais has been appointed as the Chief Executive Officer of CIEL Properties, effective as from this Wednesday, 1st of July 2020.

The nomination of Guillaume Dalais to this strategic position reflects the intention of CIEL to enhance and develop the Group's real estate assets, and particularly, Ferney, a private domain of 2 800 ha located 10 minutes from the airport.

With a financial background, Guillaume Dalais, has worked for more than 10 years within CIEL Textile and held key positions of Executive Director of the Knits cluster from 2012 to 2016 and then CEO of the Knitwear cluster since 2016. Prior to joining CIEL Textile Guillaume worked in private equity at Metier Investissements & Advisory Services in South Africa and then for the private equity branch of CIEL. In addition to his operational responsibilities, Guillaume Dalais is a member of the Board of Directors of CIEL and CIEL Textile.

Commenting on his appointment, Guillaume Dalais said: "I am pleased to have the opportunity to manage this new Property cluster and would like to thank CIEL’s Board of Directors for their trust. Our ambition is to enhance the Group’s real estate assets in a sustainable manner. There are many avenues for development that we will be actively exploring. "