Icade's Board of Directors has unanimously decided to appoint Olivier Wigniolle as Chief Executive Officer of Icade. He will also be a member of the Caisse des Depots Management Committee. He will take up his post after the General Shareholders' Meeting on 29 April, 2015 at a date to be decided soon.

He is currently Chairman of Allianz Real Estate France and a member of Allianz Real Estate's Executive Committee and has previously held a number of positions in the sector, notably as CEO of Credit Agricole Immobilier and Chief Operating Officer of Societe Fonciere Lyonnaise. The Board of Directors has also decided, on the recommendation of the appointments and remunerations committee, to maintain the division between the functions of Chairman of the Board of Directors and Chief Executive Officer and to submit to the General Shareholders' Meeting on 29 April the appointment of Andre Martinez as director, in order to appoint him as Chairman of the Board of Directors after the meeting, in the event of a favourable vote. Andre Martinez has held management positions in public companies (Managing Director of Societe des Hotels Meridien-Air France group), as well as in large listed companies including the ACCOR group.

The Board of Directors also reiterated its full confidence in Jean-Paul Faugere and Nathalie Palladitcheff who will continue to exercise the respective functions of Chairman of the Board of Directors and Chief Executive Officer of Icade until Olivier Wigniolle and Andre Martinez take up their positions.