The Board of Directors is composed of 3 founder associates:

• Romain BAUSCH (SES),
• François TESCH (Foyer SA), and
• Patrick ZURSTRASSEN (The Directors’ Office).

16 Directors have since been elected:

• David ARENDT (Cargolux),
• Monique BACHNER (Bachner Legal),
• Marie-Jeanne CHEVREMONT (Arendt & Medernach),
• Michèle EISENHUTH (Arendt & Medernach),
• Alain GEORGES (BIP SA),
• Pierre GRAMEGNA (Chambre de Commerce de Luxembourg),
• Philippe HOSS (Elvinger, Hoss & Prussen),
• Alain KINSCH (Ernst &  Young),
• John LI (Independent Director),
• Michel MAQUIL (Bourse de Luxembourg),
• Didier MOUGET (PricewaterhouseCoopers)
• Raymond SCHADECK (Independent Director),
• Thierry SCHUMAN (BGL BNP Paribas),
• Eric VAN DE KERKHOVE (Deloitte)
• Frank WAGENER (Dexia BIL), and
• Carole WINTERSDORFF (ArcelorMittal).

Marie-Jeanne CHEVREMONT is the Chairman of the Board.