Carbios announced the appointment of Kader Hidra as member of the Executive Committee of the Company. Mr. Hidra joins Carbios with more than a decade of experience in finance. Prior to joining the firm, he was the Chief Executive Officer of Citégestion, a digital start-up specialized in asset management and software development for Smart Cities. Previously, he was Investor and Markets Director at the EDF Group, a French electricity company which is a global leader in low-carbon energies. Before that, Mr. Hidra worked in London-based investment banks including Morgan Stanley and Berenberg Bank. As Chief Financial Officer, Mr. Hidra will support Carbios as it moves to industrialize its processes. He will lead the management and organization of the Company’s finances to strengthen a team already skilled in investor relations, financial communication, and financial monitoring. Mr. Hidra brings to Carbios his deep expertise in financial markets as well as his managerial experience acquired within large international groups and innovative start-ups.