DECRYPTION – The future general director of the bank must be appointed this Tuesday. He will surely have to start by resolving the Italian issue.
D-day at Crédit Agricole. Its board of directors meets this Tuesday to appoint Philippe Brassac's successor at the head of Crédit agricole SA (Casa), the listed entity of the mutual group. Very powerful, it houses the major businesses of the Green Bank (insurance, corporate and investment banking, consumer credit, etc.) as well as its subsidiaries, including LCL, Amundi, the leading European asset manager and its activities. abroad (subsidiary in Italy, etc.).
Aged 65, Philippe Brassac has reached the age limit provided for by the statutes. After having served for ten years as general manager, he will pass the torch at the next general meeting of shareholders, on May 14, 2025. Of the six candidates in the running to lead Casa, a 60%-owned subsidiary of the 39 regional banks of Crédit Agricole , there were only three left at the end of the race: Olivier Gavalda (61 years old), the current general director…
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