Mandarin Oriental International chief exec steps down
Edouard Ettedgui is to step down as group chief executive of Mandarin next year.
Ettedgui, who is leaving the role officially on 31 March 2016, will be succeeded by James Riley.
Riley is currently the group finance director of Jardine Matheson Holdings, the holding company of Mandarin Oriental International.
He joined the Jardine Matheson Group in 1993 from Kleinwort Benson, and has held a number of senior finance and commercial roles within the group prior to taking his current position in 2005.
He has also served on the board of Mandarin Oriental's management company for the past ten years and has an extensive knowledge of the group's operations.
Chairman of Mandarin Oriental, Ben Keswick, said: "Edouard has led Mandarin Oriental hotel Group since 1998, and has been instrumental in the group becoming recognised by many as the best global luxury hotel group. It is an outstanding achievement, for which we are extremely grateful. I am very pleased that we will continue to benefit from his knowledge and experience as he will remain as a non-executive director."
"I would also like to wish James every success in continuing Edouard's fine work of building the group's portfolio and reputation," he added.
Mandarin Oriental Hotel Group operates, or has under development, 46 hotels representing more than 11,000 rooms in 25 countries, with 21 hotels in Asia, nine in the Americas and 16 in Europe, Middle East and North Africa.
It also operates or has under development, 16 Residences at Mandarin Oriental connected to its properties. Mandarin Oriental International is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.
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