Globeleq new chairperson
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Energy-focused firm Globeleq has confirmed that Laurence Mulliez will take up the position of chairperson of the Globeleq Board effective from 1st September 2018. 

Laurence has more than 20 years’ experience in the banking, energy, chemical and industrial sectors. Currently, Laurence is Chair of Voltalia, a €500m market capitalisation producer of renewable-based power and a non-executive director and chair of the audit committee at Aperam stainless steel (a $5 billion revenue spin-off from Arcelor Mittal).

 

Laurence Mulliez
Laurence Mulliez appointed to Globeleq board

She is also a non-executive director at SBM offshore, a $3 billion revenue world leader in floating production and mooring systems for the oil and gas industry and a non-executive director at Morgan Advanced Materials, a £1 billion revenue global engineering company.

Globeleq appointment to grow African footprint

Paul Hanrahan, Globeleq’s CEO, commented: "Laurence brings a wealth of experience and fully complements our well-rounded Board. We are thrilled to have her as our Chairperson where she will help guide Globeleq to look at every opportunity to grow the business and power Africa's growth."

The company is a is a long-term strategic investor in Africa and is set to increase its portfolio with one wind farm, Klipheuwel (27MW) and five solar assets: Aries (11MW), Boshoff (66MW), Konkoonsies (11MW), Soutpan (31MW), and Witkop (33MW). Read more: Globeleq to acquire South African renewable assets from Brookfield

During the period 2007-2010, Laurence was CEO of Castrol Industrial Lubricants and Services worldwide and from 2010-2013, she led Eoxis, a start-up renewable power company, financially backed by private equity.

"I am honoured to join an organisation which has already demonstrated its impact on providing power and supporting development in Africa,” said Mulliez, adding: “I look forward to working with a great management team and Globeleq's shareholders, CDC Group and Norfund, both institutions which target investments in regions where it is most needed."

During the period 2007-2010, Laurence was CEO of Castrol Industrial Lubricants and Services worldwide and from 2010-2013, she led Eoxis, a start-up renewable power company, financially backed by private equity.