Cim Opens its Capital to Employees

il y a 13 ans, 5 mois - novembre 13, 2012

To involve its employees in its IPO, the group offers them Cim 1.1 million shares. Some 1,100 employees in its various subsidiaries, including Finance Cim, Cim Global Management, Galaxy and JM pin, will receive 1000 shares each.

Become shareholders, employees will adhere to the company's projects, share risks and profits as well. For the Chief Executive Officer (CEO) of the group, Vaughan Heberden, in granting shares to all its staff, Cim wants to mark his confidence and attachment to its human capital. And in the process, retain and encourage employees to continue to build future success.

The group is structured today, around three business segments, which are Cim Finance, Cim Cim Global Business and Property & Investments. The first, under the direction of Cyril Chung, covers the activities related to the sale of credit (Galaxy Gtech) cards, as well as Forex leasing.

Cim Global Business groups, meanwhile, all the activities of Global Business, fund management and tax services, among others. This division has been entrusted to a South African national, Andrew Tait.

When the third pole, whose implementation is in court, it will include all property passed under the dome of Cim Financial Services as part of the agreement between the two main shareholders.

Text by lexpress.mu

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