Carbios appoints Kader Hidra chief financial officer

09 Sep '20

2 min read

Kader Hidra; Pic: Carbios

Carbios, a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic polymers, has appointed Kader Hidra as chief financial officer and member of the executive committee of the company. Prior to joining Carbios, Hidra was CEO of Citegestion, a digital start-up specialised in asset management and software development.

“We are delighted to welcome Hidra 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,” Jean-Claude Lumaret, chief executive officer of Carbios, said in a press release.

Hidra joins Carbios with more than a decade of experience in finance. Previously, he was investor and markets director at the EDF Group, a French electricity company which is a global leader in low-carbon energies. Before that, Hidra worked in London-based investment banks including Morgan Stanley and Berenberg Bank.

As chief financial officer, Hidra will support Carbios as it moves to industrialise its processes. He will lead the management and organisation of the company’s finances to strengthen a team already skilled in investor relations, financial communication and financial monitoring. Hidra brings to Carbios his deep expertise in financial markets as well as his managerial experience acquired within large international groups and innovative start-ups.

Hidra obtained his MBA from Duke-Fuqua School of Business and his engineering degree from the National Polytechnic Institute of Grenoble (France).

“Hidra 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,” Ian Hudson, chairman of Carbios’ board of directors, said.

Fibre2Fashion News Desk (JL)

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