Cosmetics Europe recently announced the election of its Executive Team for the 2016-2018 term of office. Mr Loïc Armand has been re-elected as President of Cosmetics Europe. Mr Armand is currently President of L’Oréal France, the French subsidiary of L’Oréal Group. He began his career in 1980 with the Inspection Générale des Finances, in the French Ministry of Finance, before joining L’Oréal Group in 1984. He has been a Board member of COLIPA/Cosmetics Europe since 2001 and President since 2014. Cosmetics Europe also approved at its General Assembly on 17 June, Vice-Presidents, Mr Charles François Gaudefroy VP Regulatory Affairs of UNILEVER and Ms Marival Diez Director-General of STANPA as well as Treasurer, Ms Isabelle Martin of ESTÉE LAUDER.