CORVINA INVESTMENT COMPANY LIMITED

Members of the Board of Directors of Corvina Investment Company are as follows:

Adrian Paul Skerrett
Chairman
Adrian Skerrett holds a degree in Economics from Liverpool University, UK and is a Chartered Managment Accountant. He was appointed Chairman of the Board of Corvina in 2021. He was born in UK, has been resident in Seychelles since 1980 and naturalised since 1994. He is also Chairman of Silhouette Cruises Ltd, Victoria Properties & Investment Co Ltd, Liquid Air (Seychelles) Ltd, Presafe Services Ltd and Mahé Investments Ltd. He is an author of a number of books about Seychelles and its natural history and is a trustee of several environmental NGOs including Chairman of Island Conservation Society.

Gerard David Adam
Director
Gerry Adam began his career in 1974 as an Engineering Cadet Officer with Unicorn Lines and was trained both on shore and at sea and worked his way through the various ranks and obtained his Marine Engineer Class 1 Certificate of Competency in 1983. He served as Chief Engineer on several of the company’s vessels from 1983 to 1987. He joined Mahé Shipping Company in 1988 as Shipping Manager and was appointed as Managing Director in 1994 and Chairman in 2018. He is a director of Corvina Investment Co Ltd also serves as director on several other boards including Land Marine Limited, Seafront Development Ltd and Societe Seychelloise de Navigation Ltd.

Guy Charles Cyril Adam
Director
Guy Adam began his career as a professional seaman graduating from cadet to Ship’s Master while serving as Captain of vessels managed by Southern Line of Kenya and Mahé Shipping Co Ltd of Seychelles. He is also Chairman of Corvina’s associated companies Le Refuge du Pecheur Ltd and Port Launay Resort Ltd, owners of Lemuria Resort on Praslin and Ephelia Resort on Mahé respectively. He served as Chairman of Corvina Investment Co Ltd from 1998 until 2021.

Gitanne Vivienne Gendron
Director
Gitanne Gendron joined Mahé Shipping Co Ltd shortly after formation of the company in 1969. She had previously lived and worked on a number of the outer islands including Diego Garcia, Agalega, Alphonse and Farquhar. She became a director of Mahé Shipping in 1984, when a management buyout of overseas shareholders took place. In addition to Mahé Shipping and Corvina she also serves as a director of a number of subsidiaries including Liquid Air (Seychelles) Ltd, Mahé Investments Ltd, Presafe Services and Victoria Properties and Investment Ltd.

Glenny Savy
Director
Glenny Savy graduated in Economics at the University of Merdoch (Australia). He is Chief Executive Officer of the Islands Development Company (IDC) and has pioneered tourism development in several IDC islands including Alphonse, Desroches and Silhouette. He serves on the Boards of a number of other Corvina group companies including as Chairman of Land Marine Ltd and Seafront Development Ltd and as a director of Victoria Properties and Investment Ltd and Societe Seychelloise de Navigation Ltd.

Jean Weeling-Lee
Managing Director
Jean Weeling-Lee holds a Masters in Economics and began his career in 1984 as an economist with the Central Bank of Seychelles, rising to Director-General of Research before being promoted to General Manager in January
1993. He joined the private sector in 1995 and is currently Managing Director of Corvina Investment Company Limited and a director of subsidiaries, including Mahé Shipping Co Ltd and Corvina Management Services Ltd. He is also a director of companies including Le Refuge du Pecheur Ltd and Port Launay Resort Ltd.

Mariangela Ricci
Director
Mariangela Ricci holds a Bachelor’s Degree in Business Administration (John Cabot University, Rome, Italy) as well as an Associate of Arts Degree in History. She is naturalized in Seychelles and has been a director of Corvina since February 2012. She also serves as a director of a number of group companies including Corvina Management Services Ltd, Le Refuge du Pecheur Ltd and Port Launay Resort Ltd. Prior to her involvement with the Corvina group, she has worked in various positions in companies based in Rome and London dealing mostly in tourism and marketing.

Selwyn Gendron
Director
Selwyn Gendron is the newest member of the board of directors, appointed in 2021. He is also a director of Presafe Services Ltd and Industrial & Medical Gases Ltd. Selwyn is Company Secretary of Corvina.

GROUP COMPANIES
Direct investment in subsidiaries % holding
Corvina Management Services Ltd 100.00
H Savy Insurance Co Ltd 50.00
Kingsgate Investments Ltd 77.30
Le Domaine Ltd 53.10
Mahé Shipping Co Ltd 100.00
Mercinvest Ltd 50.00
Mervina Ltd 60.00
Victoria Properties & Investments Ltd 3.87

Direct investment in associated companies & others
Constance Hotel Services Ltd 3.04
Indian Ocean Marine Ltd 10.00
Le Refuge Management Co Ltd 25.00

Effective control in subsidiaries through subsidiaries
H Savy Insurance Co Ltd 11.25
Liquid Air (Seychelles) Ltd 73.05
Mackenzie (Seychelles) Ltd 73.05
Mahé Investments Ltd 86.82
Victoria Properties and Investments Ltd 73.43

Effective control in associated companies & others through subsidiaries
Aquarius Shipping Agency Ltd 30.00
Dugong Support Ltd 33.33
Industrial & Medical Gases Ltd 16.54
Land Marine Ltd 13.02
Le Refuge du Pecheur Ltd 40.84
Port Launay Resort Ltd 40.84
Presafe Services Ltd 36.75
Pro Archives Systemes (Seychelles) Ltd 50.00
Silhouette Cruises Ltd 33.33
Societe Seychelloise de Navigation Ltd 50.00
Tethys Support Ltd 33.33