Credit Agricole Appoints Two New Deputy CEOs
04 August 2022 - 02:56AM
Dow Jones News
By Ed Frankl
Credit Agricole SA said Wednesday that it has appointed two
deputy chief executive officers as it pursues its strategic plan to
2025.
The French lender's board appointed Jerome Grivet, with effect
from Sept. 1, and Olivier Gavalda, with effect from Nov. 1.
The company will now have three deputy CEOs. Mr. Grivet will be
responsible for steering and control function, Mr. Gavalda will be
responsible for development, and Xavier Musca will be responsible
for major clients from Sept. 1.
In addition, the company's CEO Philippe Brassac will now
directly supervise its asset-management subsidiary Amundi SA.
Credit Agricole is due to report second-quarter results on
Thursday.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
August 03, 2022 12:41 ET (16:41 GMT)
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