(AXIAN) - The Board of Directors of WeLight is pleased to announce the appointment of Romain de Villeneuve as Chief Executive Officer of the Company, with immediate effect.

WeLight, a company founded by our Axian Group, Norfund and Sagecom, provides access to clean, reliable and affordable renewable energy to un-electrified villages in sub-saharan Africa.

Romain brings to the position 22 years of wide knowledge and valuable experience in the areas of telecommunications, services, renewable power and FMCG, having held positions in corporate finance, general management and business development on large scale projects in emerging markets.

Romain holds a Master’s degree of Science in Management from the Institut Supérieur de Gestion (Paris) and an executive programme from E-M Lyon and Cranfield University in the UK.

Romain and his team’s mission will be, among other contributions, to build the growth, positioning and sustainability of WeLight, while pursuing a clear vision for change and value creation in Africa.

Romain has demonstrated throughout his career the ability to work successfully in different environments, designing and leading strategies which resulted in impressive value creation.