Ely Michel is the Chairman of REM Finance. He is also joint founder of the ÆRIUM Group, and also the founder of the group’s French business, Groupe Leonard de Vinci. Ely Michel has directed and overseen all aspects of the group’s activities, including its strategy and investment policy, since 1988. Previously, he ran Württemberger Hypo Finance & Services (WHFS), a commercial mortgage entity representative in France of Württemberger Hypo Bank, a leading German commercial real estate lender. From 1986 to 1988 Ely Michel was a Managing Director in Groupe GRC’s new development business. At GRC, Ely Michel supervised the development of regional shopping centers and the execution of commercial asset securitization and sale advisory assignments totaling in excess of €3 billion.