ENGIE Group and Electrabel
The Board of Directors is the company’s highest decision-making body, except for matters reserved by law or the articles of association for shareholders.
The day-to-day management and representation of the company are in the hands of the Managing Director, who is elected by the Board. Since May 1, 2021, this is Thierry Saegeman.
The Management assists him in the operational management, within the framework of the organizational principles described in the Corporate Governance Charter.
Board of directors
Johnny Thijs
Chairman of the Board of Directors
Since October 2019, Johnny Thijs has been chairman of the Board of Directors for Electrabel nv. He is also chairman of the Board of Directors for Recticel, Corealis, Golazo and Hospital Logistics and a board member for H. Essers. He is also an adviser for CVC. He holds a degree in commercial engineering from the University of Hasselt.
Cedric Osterrieth
CEO of Electrabel
Cedric Osterrieth has over 30 years of professional experience in the energy sector, where he has worked in power production and storage, hydrogen development projects and oil and gas production. He heads the European flexible generation with ENGIE since 2018. As of January 1st 2024, Cedric Osterrieth is CEO of Electrabel SA.
Pierre-François Riolacci
Executive Vice President of the ENGIE group
Pierre-François Riolacci began his career at ELF Aquitaine, where for 11 years he held various positions in management control, finance and investor relations in France, the United Kingdom and Congo. He then joined the VEOLIA group, where he was CFO from 2010 to 2013. Pierre-François Riolacci was then appointed CFO of the Air France KLM group in 2013. In 2016, he joined ISS as CFO, based in Denmark, and has been appointed EVP in charge of Finance, Corporate Social Responsibility and Procurement with ENGIE since January 2022.
Paulo Almirante
Executive Vice President of the ENGIE group
Paulo Almirante has been Executive Vice President of ENGIE since 2016. Since 2021 he is in charge of ENGIE’s activities in renewables and energy management.
Etienne Denoël
External Director of Electrabel
Etienne Denoël is Emeritus-director of the McKinsey consultancy, where he worked from 1987 to 2018 as an adviser to private businesses and government bodies. He led various missions in the energy, industrial and service sector in Europe and North America. In 2000, he founded the McKinsey Solutions, Research and Knowledge Center in Belgium (Louvain-la-Neuve).
Vincent Verbeke
CEO of ENGIE Belgium & Member of the Executive Committee at ENGIE Global Energy Management & Sales
Vincent heeft meer dan 20 jaar ervaring in de gas- en elektriciteitssector. Hij vervoegde de groep in 2000 als projectmanager bij Tractebel en bekleedde sindsdien verschillende functies in economische analyse en portefeuillebeheer. Sinds 2020 is hij lid van het Uitvoerend Comité van GEMS, waar hij toezicht houdt op verschillende energiebeheeractiviteiten en expertisecentra. Sinds januari 2024 is hij ook CEO van Engie Belgium.
Mireille Van Staeyen
Director and CFO
Sandra Roche-Vu Quang
Director
Thierry Saegeman
Executive Vice President of the ENGIE group
Thierry Saegeman started his career at Electrabel in 1995, where he held various positions in onshore and offshore wind project development, maintenance and conventional and hydro generation in France. In October 2016, he was named head of nuclear power generation activities in Belgiumn after which he was appointed CEO of the BU Nuclear in 2020. From May 1st 2021 to December 31st 2023, Thierry Saegeman was CEO and nuclear officer of Electrabel SA. He was also country manager of ENGIE in Belgium. Since January 1st 2024 he is Executive Vice President of the ENGIE Group in charge of Transformation and Geographies. He keeps his function of nuclear officer of Electrabel.