Vincent Bouvet becomes new CFO of Monte-Carlo Société

Monte-Carlo Société des Bains de Mer has announced that Vincent Bouvet has become its new Chief Financial Officer (CFO).

Monte Carlo
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The 49-year-old has worked in high financial positions for other companies, including the Sodexo Group, where he was also the CFO.

He led a spin-off project for the Sodexo Group Board of Directors, though departed in April of this year. He has now taken the role of CFO for Monte-Carlo Société des Bains de Mer, where his predecessor Yves de Toytot left to pursue personal projects.

The company recently underwent a corporate restructure – initiated by the Deputy Chairman, Stéphane Valeri – which saw Albert Manzone appointed as the new CEO of the company.

Manzone only started working in his new role on April 12 and will be responsible for maintaining and improving all operational functions of the company, including operations such as gaming, hospitality, restaurants, finance, marketing and digital IT, as well as human resources.

Valeri was made Deputy chairman after his predecessor retired from the role, with Valeri saying in January: “I take up my new position with pride within this great company to which my family and I have been very attached for several generations.

“Thanks to the work of my predecessor, Mr Jean-Luc Biamonti, to whom I would like to pay tribute, the Société des Bains de Mer is today in a very good economic and financial situation.

“I thank the Board of Directors for its confidence. I am aware of the magnitude of the task ahead of me, and I am fully committed from now on to continue to make the Principality’s economic flagship prosper and shine.”

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