The Commission de Surveillance du Secteur Financier (CSSF) approved the appointment of Ms. Brabet-Friel on 15 November 2021. As a board member, Marjorie Brabet-Friel will represent the interests of shareholders and and enrich the Board's expertise with her international experience in the field of investment products, in particular in private equity, as well as with her strong legal knowledge. 
 
About Marjorie  Brabet-Friel

Since 2009, Ms Brabet-Friel has been working within the PJSFC Sistema organisation – including in her current role of CEO of the SCP (Sistema Capital Partners Group) –overseeing the investments of institutional Russian and Western companies in Russia and abroad. She also manages Arista SICAV-SIF, a Luxembourg-regulated real estate fund investing in Moscow commercial real estate.  

Ms. Brabet-Friel was previously responsible for the USD 1.5 billion portfolio of Sistema’s listed property company, Sistema-Hals, overseeing investments, asset sales, development and strategic asset management issues.  
Previously, Ms. Brabet-Friel practiced M&A law, working for US law firm, Skadden, in New York and Paris. 

She is a graduate of Harvard Law School and also holds a master’s degree from the Pantheon-Sorbonne (Paris). Ms. Brabet-Friel is admitted to practice law in New York and Paris.