(*) As a measure of confidentiality, the identity of the interim manager and the client are changed
1. BACKGROUND
The client is a committed real estate player who creates useful real estate solutions to the development of territories: for housing, for work, for health care or entertainment.
Created in 2003, it has more than 400 employees and generates a turnover of more than €400 million. The group has been listed on Euronext Growth Paris since 2014, and as a company with a mission since 2021, the company is developing a demanding societal and environmental impact strategy.
To support its strategy and compensate for the departure of the CFO and the Treasury Director this summer, the client asked WAYDEN for the intervention of an interim manager who is an expert in bank financing.
2. DISPOSITION
We proposed the intervention of an interim director, a first-time buyer, and previously director of financing and risks at Société Générale. He has held several positions within SG’s subsidiaries in France and Morocco.
He has supported real estate investment projects and managed relations with stakeholders on the bank side.
3. MISSION
In support of the group’s financial department, the interim manager will be responsible for two strategic phases:
- RUN phase: supervision of the finance department following the departures of the director of financing and the director of finance
- BUILD phase: support for the turnaround plan:
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- Management of current and future projects
- Management of internal and external communication
- Management of relations with banks (negotiation of debt, guarantees, landing, AMF relations, financing deals, lifting of conditions precedent, etc.)