Rilk Dacleu Idrac
Encyclopedia
Rilk Wilfrith Dacleu Idrac (born December 4, 1983) is an Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

n-American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 executive currently serving at Mubadala Development Company
Mubadala Development Company
Mubadala Development Company PJSC was established in October 2002 as a Public Joint Stock Company and is a wholly owned investment vehicle of the Government of Abu Dhabi, in the United Arab Emirates....

 board following his appointment as Advisor on September 2010. On December 2010, M. Dacleu Idrac was named DEA Strategy Chief Officer (non-executive position) for the company, aiming to build up the company’s DEA program.

He is a Successor Fellow of the New York CFA Society and serves as member of the Institute of International Finance
Institute of International Finance
The Institute of International Finance, Inc. is the world's only global association of financial institutions. It was created by 38 banks of leading industrialised countries in 1983 in response to the international debt crisis of the early 1980s...

, International Marketing Association, and the US Chamber of Commerce in Middle-East.

In 2010, Rilk was ranked in both Hills Borrows Top 500 Young Manager in MEA and Sutter-Brise Top 100 Strategy Consultant who impact 2010 in GCC, and has been co-writer with Brian McConelly, of the part 3 of Doing Business Report
Doing Business Report
The Doing Business Report is a study elaborated by the World Bank Group since 2004 every year that is aimed to measure the costs to firms of business regulations in 183 countries in 2010...

 2010 for the IFC (World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

) regarding Investment in Africa

Background & Career

M. Dacleu Idrac received a business degree from Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...

 in New-York, and a MBA in Strategy
Strategy
Strategy, a word of military origin, refers to a plan of action designed to achieve a particular goal. In military usage strategy is distinct from tactics, which are concerned with the conduct of an engagement, while strategy is concerned with how different engagements are linked...

 & Corporate Finance
Corporate finance
Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...

, from the Haas School of Business
Haas School of Business
The Walter A. Haas School of Business, also known as the Haas School of Business or simply Haas, is one of 14 schools and colleges at the University of California, Berkeley....

 at the University of California, Berkeley
University of California, Berkeley
The University of California, Berkeley , is a teaching and research university established in 1868 and located in Berkeley, California, USA...

 before completing the CFA
CFA
-Science and technology:* Cfa is one of two symbols for the Humid subtropical climate under the Köppen climate classification system* cfa is the file extension for an Adobe Premiere Pro audio file...

 program
Program
Program may refer to:* Computer program* Program , those executed by machines that are not computers* A synonym for patch, a synthesizer setting stored in memory.* The trade name for lufenuron, a veterinary flea control medication...



In 2007, he joined Orascom Telecom the bigest telecommunication operator and Internet Service Provider in Middle-East, where he was Business Development Manager. Then, Dacleu has worked for Orascom Telecom moving into subsidiaries to help accelerate the strategy and secure group activities in North-Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...



In 2009, Dacleu moved back to the United States to join The AES Corporation, where he served first at the headquarter before join the finance team in Latin America
Latin America
Latin America is a region of the Americas where Romance languages  – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...

 as Consultant
Consultant
A consultant is a professional who provides professional or expert advice in a particular area such as management, accountancy, the environment, entertainment, technology, law , human resources, marketing, emergency management, food production, medicine, finance, life management, economics, public...

 in Investment Projects, and join less than a year later the top management consulting firm BCG
BCG
BCG can stand for:Medicine*Bacillus Calmette-Guérin, a vaccine for tuberculosis*Ballistocardiography, a vital sign caused by the mechanical movement of the heart which can be recorded from the surface of the bodyBusiness...

 in Middle-East

Speaking on BBC show Asia Business Report in Singapore in May 2011 Dacleu and Jim Balsillie
Jim Balsillie
James Laurence "Jim" Balsillie is a Canadian businessman and co-CEO of the Canadian company Research In Motion. He is a member of the Trilateral Commission, a private political organization...

, Research In Motion
Research In Motion
Research In Motion Limited or RIM is a Canadian multinational telecommunications company headquartered in Waterloo, Ontario, Canada that designs, manufactures and markets wireless solutions for the worldwide mobile communications market...

 co-CEO completely surprised the market unveiling a prototyp of RIM BlackBerry PlayBook, to go off speculators saying RIM strategy in Asia was completely wrong. M. Basillie said: "I strongly believe asia is a key issue for any group strategy and if Rilk think the best way to go forward is to show consumer we are ready with the BlackPad and we must launch it soon, we will do it. Emerging markets and Asia particulary is very the core of RIM Strategy"

Controversy

In earlier 2011 Dacleu publicly criticzed the west intervention in Arab Spring
Arab Spring
The Arab Spring , otherwise known as the Arab Awakening, is a revolutionary wave of demonstrations and protests occurring in the Arab world that began on Saturday, 18 December 2010...

, mainly NATO arguing as being a businessman he will leave the politic to politicians, he said "The problem in Africa or Middle-Esat is certainly not about dictators or dictatorials regimes, far from that! It's about how politicians and peoples driving citizen destiny conceive the development" in that interview with Fareed Zakaria
Fareed Zakaria
Fareed Rafiq Zakaria is an Indian-American journalist and author. From 2000 to 2010, he was a columnist for Newsweek and editor of Newsweek International. In 2010 he became Editor-At-Large of Time magazine...

 he was said to be very disappointed on the situation and the great impact of it on regional economy

Also, Dacleu in spite of his republican affiliation strongly criticzed French ministry of Finance Christine Lagarde
Christine Lagarde
Christine Madeleine Odette Lagarde is a French lawyer and the managing director of the International Monetary Fund since July 5, 2011...

 candidacy at the IMF to replace resigned Managing Director Dominique Strauss-Kahn
Dominique Strauss-Kahn
Dominique Gaston André Strauss-Kahn , often referred to in the media, and by himself, as DSK, is a French economist, lawyer, politician, and member of the French Socialist Party...

 and attended to The Financial Times croisade against Mrs Lagarde candidacy saying in a daily edition of FT "It's unthinkable to have a lawyer running the IMF. Althought she's a great Finance Minister, I can imaging a person always talking to avoid a restructuring of Greek Debt today at The IMF. She won't be the best choice to succed M. Strauss-Khan. Beside, IMF full of Economic Nobel prize, I don't think they will see with great eye her appointment at the Top Job. M. Carstens is definitely the best choice"
Later when UAE government decided to back up C. Lagarde bid; Khaldoon Khalifa Al Mubarak Mubadala Development Company
Mubadala Development Company
Mubadala Development Company PJSC was established in October 2002 as a Public Joint Stock Company and is a wholly owned investment vehicle of the Government of Abu Dhabi, in the United Arab Emirates....

 CEO and him just declared at Gulf Business Weekly the sadness of the decision as Emerging Markets should have been take a same position

Social Project

Rilk Dacleu Idrac serves as member of the Make a Wish foundation and is Co-chair of the U.S has a Hearth initiative. He is very implicated on social causes, to develop third world and act to eridicate diseases like Aids or Malaria in Africa.
He also give himself to cause like human trafficking, helping the UNGIFT to raise fung and to communicate with the business world about the matter. He has been invited to speak at the 11th Alliance Against Trafficking in Person Conference in Vienna

External links

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