Governance
SUNU Participations Holding SA is managed by a seven-member Board of Directors appointed by the General Meeting of Shareholders.
Duties and responsibilities
The Board of Directors determines the direction of the company's business and oversees its implementation. In particular, it exercises the following powers:
- the appointment of the Chairman, the Chief Executive Officer and the Deputy Chief Executive Officers
- closing the annual accounts
- convening Shareholders' Meetings
- authorization of "regulated" agreements.
Certain major transactions or issues are also subject to the prior authorization of the Board of Directors (disposals or acquisitions, significant financing transactions or transactions outside the strategy announced by the company, etc.).
Composition
The members of the Board of Directors of SUNU Participations Holding S.A are:
- Mr. Atté AHUI, Chairman
- Mr. Federico ROMAN, Director
- Mrs. Anne-Fatima DIONE, Director
- Mr. Christian de BOISSIEU, Independent Director
- Mr. Issofa NCHARE, Independent Director
- Financière DIONE SAS with Mr. Samir-Alain DIONE as permanent representative
- SUNU Finances Holding SAS with Mr. Patrice DESGRANGES as permanent representative
SUNU Participations Holding SA is managed by an Executive Committee comprising three (3) members: the Chief Executive Officer and two Deputy Chief Executive Officers.
The Chief Executive Officer
He is vested with the broadest powers to act on behalf of the Company in all circumstances. He exercises these powers within the limits of the Company's objects and subject to those expressly attributed to General Meetings and/ or specially reserved to the Board of Directors by the provisions of the law or the Articles of Association, including the internal regulations. He represents the Company in dealings with third parties.
The Deputy Chief Executive Officers
They are vested with the broadest powers to act on behalf of the Company in all circumstances. They exercise these powers within the limits of the Company's objects and subject to those expressly attributed to General Meetings and/or specially reserved to the Board of Directors by the provisions of the law or the Company's Articles of Association, including its internal regulations. They represent the Company in dealings with third parties.
Duties and responsibilities of the Executive Committee
The main role of the Executive Committee is to ensure collegial coordination of the company's general management and, more broadly, that of SUNU Group, technical management, day-to-day management of the company, preparation of major decisions for the company and SUNU Group, and practical follow-up of political decisions. Within this framework, the Executive Committee gives its opinion on all decisions concerning the life of the company and its development. It is a collegial body responsible for assisting the Chief Executive Officer in the day-to-day management of the company.
Composition
- Mr. Mohamed-Lamine BAH, Chief Executive Officer and Chairman of the Executive Committee
- Mr. Joël AMOUSSOU, Deputy Chief Executive Officer
- Mr. Karim-Franck DIONE, Deputy Chief Executive Officer
THE MANAGEMENT COMMITTEE
PATHÉ DIONE
Founder of SUNU Group
Biography
Mr. Pathé DIONE, founder of SUNU Group, was a Mathematics professor before joining the insurance company Mutuelles du Mans in 1972. After completing his PhD in Economics at Sorbonne University and a transition through Paris Insurance School (école des Assurances de Paris), he was hired by CIGNA Corporation that he represented in Côte d’Ivoire as the Head of its subsidiary COLINA. In 1984, he became Director for Africa at UAP (Union des Assurances de Paris) until UAP was taken over by AXA in 1997. In 1998, he decided to create, together with former colleagues, SUNU, a pan-African group that serves the continent.
He passed away on 12th January 2023.
Experience
1941: Born in Dakar, Senegal
1966 - 1972: Professor of Mathematics
1972 - 1979: Mutuelles du Mans
1979 - 1980: CIGNA Corporation
1980 - 1984: PhD in Economics, Sorbonne University
1984 - 1998: Director for Africa at UAP
1998: Creation of SUNU Group
2001: Chairman and CEO of SUNU Participations Holding SA
2022-2023: Chairman of SUNU Group
ATTÉ AHUI
Chairman of the Board of Directors
MOHAMED-LAMINE BAH
Chief Executive Officer and Chairman of the Executive Committee
JOËL AMOUSSOU
Deputy Chief Executive Officer
KARIM-FRANCK DIONE
Deputy Chief Executive Officer
