AccorHotels appoints Sarkozy as director

Former French president tasked with developing portfolio
The former French president Nicolas Sarkozy has been appointed as a director of AccorHotels.
The company, whose brands include Raffles, Fairmont, Sofitel, Novotel, Mercure and Ibis, has co-opted the famous politician onto its board as an independent member, replacing a director who represented former shareholders Colony Capital.
Sarkozy recently announced that he was considering turning his back on politics after a failed bid to win the Republican Party presidential nomination at the end of 2016.
Accor says he will chair its international strategy committee, which is being tasked with developing the group’s network and brand portfolio, as well as promoting French tourism.
Earlier this month a French magistrate ruled that Sarkozy should face trial over alleged overspending and fraud during his failed 2012 bid for re-election.
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