Mr Michael C. Carter Jr. – Non-Executive Chairman

Michael, an American national, has an MBA from Georgetown University in Washington. Michael has worked for major advisory firms in the USA, Italy (Bain and Co and ING), London (UBS Warburg) and Kazakhstan, most recently being the chief executive office of Visor Capital based in Almaty from May 2007 to October 2011.

Michael established his own business advisory firm in 2012 specializing in financing, M&A, securities markets, private equity and business planning. Michael’s financial know-how, extensive international experience and transactional experience in Kazakhstan is an extraordinary asset to the Group.

Michael C Carter Jr

Mr Francisco Parrilla – Chief Executive Officer

Francisco Parrilla started his professional career as Design Engineer for Arup in London in 1997, moving to Russia in 1998 to develop his experience on project and site management in the international realm. In 1999, he moved to Arup’s Spanish office where he worked for three years in Spain and South America in different positions and was a key part of the team that grew the office six-fold to 65 employees.

In 2002, Francisco joined Turner & Townsend where he was instrumental in developing the company’s international business around a selected number of clients. During this period, he regularly lived and visited Africa and Asia to develop projects and the company interests. He joined European Future Group in 2007 as Real Estate Development Director for Romania where he structured and developed several residential, commercial, retail and industrial projects.

Francisco joined Chagala Group as Director of Capital Projects in 2009 and was appointed CEO in January 2011. He graduated from Universidad Pontificia de Comillas ICAI, Madrid, Spain in 1997 with a degree in Industrial Engineering and from London Business School, London, UK in 2005 with a Master of Business Administration.


Mr Javier del Ser Pérez – Non-Executive Director

Javier del Ser Pérez, a Spanish citizen, assists in over-seeing the department responsible for the construction and operation of our hotels, offices, and apartments.

Prior to joining the Group in 2000, Javier worked for four years for the Kazakhstan Asset Management Company managing the Kazakhstan Investment Fund, as a Director responsible for launching the fund, and identifying investment opportunities. Prior to this, he was a Managing Director for Crescat Developments in Sri Lanka for 2.5 years responsible for construction and arranging finance and marketing the development of mixed use and hotel projects.

Javier is the CEO of Steppe Cement Limited, an AIM listed company, and he also holds Directorships at a number of non-listed companies. He sits on the Audit Committee. Javier holds a Master’s degree in Structural Engineering from ETSI Caminos, Canales, Puertos in Madrid and a Master’s in Business Administration from HEC Jouy en Josas in France.