The shareholders of SES have elected Tsega Gebreyes, Romain Bausch and Marc Colas as new members of the board in replacement of Gaston Reinesch, Robert W. Ross and Terry Seddon.
Tsega Gebreyes (pictured here) is the founding director of Satya Capital Limited. She served as Chief Business Development and Strategy Officer of Celtel International BV and Senior Advisor to Zain. She was also founding partner of the New Africa Opportunity Fund, LLP (re-named Zeypher Opportunity Fund LLP) and has worked with Mc Kinsey and Citicorp. Gebreyes is a director of Hygeia Nigeria Limited and Satya Capital Limited. She has a double major in Economics and International Studies from Rhodes College and holds an MBA from Harvard Business School. Gebreyes is an Ethiopian national. She will be an independent director at SES.
Romain Bausch is the president and CEO of SES since 1995, following a career in the Luxembourg civil service (Ministry of Finance). Before joining SES as its chief executive, Bausch occupied key positions in the banking, media and telecommunications sectors and spent a five-year term as a director and vice chairman of SES. Bausch also serves as a director of Fedil – Business Federation Luxembourg and is a member of the Boards of Directors of Aperam, BIP Investment Partners and Compagnie Financière La Luxembourgeoise. He graduated with a degree in economics (specialisation in business administration) from the University of Nancy. He holds an honorary doctorate from the Sacred Heart University in Luxembourg. Bausch is a Luxembourg national.
Marc Colas is the general secretary of the Council of Ministers of the Luxembourg Government since 2004 and he is Administrateur Général in the Prime Minister’s Office. Prior to that, he has held several positions in the Luxembourg civil service (Ministry of Finance, Ministry for the Civil Service and Administrative Reform, Interior Ministry and Prime Minister’s Office). From 2001-2006, Colas was a member of the Audit Committee of the European Investment Bank. He is also a member of the Board of Oeuvre Nationale de Secours Grand-Duchesse Charlotte. Colas graduated with a degree in law from the University of Strasbourg and holds a double Master of Business Administration (Finance and Marketing) from the Richard T. Farmer School of Business from the University of Oxford (Ohio). Colas is a Luxembourg national.
Following the shareholders’ meeting, the new board of directors elected René Steichen as chairman and François Tesch and Jean-Paul Zens as vice chairmen.
René Steichen, chairman of the board of SES, said in a statement: “We welcome Tsega Gebreyes, Romain Bausch and Marc Colas to the Board of Directors of SES. Their experience and business acumen will be valuable for the continued growth of our business in the developed as well as in the emerging markets. At the same time we thank our long-standing Board members Gaston Reinesch, Terry Seddon and Bob Ross for their continuous support and their fundamental contribution to the success of SES.”
