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Eric Lombard, a “left” economic banker

Transfer of power between Antoine Armand and Eric Lombard at the Ministry of Economy and Finance, in , December 23, 2024. CYRIL BITTON / DIVERGENCE FOR “THE WORLD”

Alongside Elisabeth Borne, Manuel Valls, Gérald Darmanin or Bruno Retailleau, the “heavyweights” of the policy desired by the Prime Minister, François Bayrou, to compose his government, his profile seems significantly lighter. Eric Lombard, until then director general of the Caisse des Dépôts et des Consignations (CDC), was appointed, on December 23, Minister of the Economy, Finance, Industrial and Digital Sovereignty. All French people know the Livret A, the savings product managed by the public financial institution. But few were able to give the name of its leader before it was pronounced by Alexis Kohler, the secretary general of the Elysée, shortly after 6:30 p.m. On the social network subscribers.

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The face of this discreet 66-year-old man, a graduate of HEC, who spent most of his career in finance, will nevertheless quickly impose himself on the French. Number six in the hierarchical order of the government, but without the title of Minister of State, unlike Mme Borne and MM. Valls, Darmanin and Retailleau, Mr. Lombard inherits the most explosive file: the budget. The one who brought down former Prime Minister Michel Barnier on December 4, after the vote on a motion of censure and which will determine the lifespan of the Bayrou government.

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