Kader Hidra appointed CFO of Carbios
Carbios, a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, announced today the appointment of Kader Hidra as Chief Financial Officer and member of the Executive Committee of the Company. “We are delighted to welcome Kader as Carbios’ Chief Financial Officer. His in-depth knowledge of financial markets, along with his experience in leadership roles in the sustainability sector, will undoubtedly have a major impact on the Company,” said Jean-Claude Lumaret, Chief Executive Officer of Carbios. “Kader is a great asset to Carbios’ Executive Committee and will support its industrial development. The recent success of the Company’s capital increase attests to the growing interest of investors in our innovative and sustainable technologies, and gives Kader the keys to support the management of our financial strategy,” said Ian Hudson, Chairman of Carbios’ Board of Directors. Previously, he was the Chief Executive Officer of Citégestion, a digital start-up specialized in asset management and software development for Smart Cities. He brings with him over a decade of financial experience. Additionally, he was an Investor and Markets Director at the EDF Group, a French electricity company which is a global leader in low-carbon energies. Earlier in his career Mr. Hidra worked in London-based investment banks including Morgan Stanley and Berenberg Bank. Mr. Hidra’s responsibilities as CFO will include supporting Carbios as it moves to industrialize its processes. He will lead the management and organization of the Company’s finances to strengthen a team already skilled in investor relations, financial communication, and financial monitoring. Furthermore, he brings to Carbios his deep expertise in financial markets as well as his managerial experience acquired within large international groups and innovative start-ups. Kader obtained his MBA from Duke-Fuqua School of Business and his engineering degree from the National Polytechnic Institute of Grenoble, France.