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2013-02-18 09:42 CET
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Groupe BPCE: Laurent Mignon is appointed as member of the management board of BPCE

Laurent Mignon is appointed as member of the management board of BPCE

Paris, February 18, 2013

BPCE's supervisory board met on February 17, 2013 under the chairmanship of Yves Toublanc, and appointed Laurent Mignon member of the management board of BPCE, acting on a proposal from François Pérol chairman of the management board of BPCE. This appointment will take effect on the date at which the projected buy-back of the the Cooperative Investment Certificates (CCIs) by the Banque Populaire banks and the Caisses d'Epargne announced on February 17. Laurent Mignon will continue to serve in his capacity as Chief Executive Officer of Natixis.


Laurent Mignon, Chief Executive Officer of Natixis since May 2009, was General Partner of Oddo & Cie, a French investment bank privately owned from September 2007 to May 2009. Before joining Oddo & Cie, Laurent Mignon was the Chief Executive Officer of AGF France. He joined AGF in 1997 as Chief Financial Officer and was nominated to be a member of the Executive Committee in 1998. He was then in charge of the Group's activities in asset management, banking, life insurance and credit insurance (Euler-Hermes group) before becoming Chief Executive Officer.

Laurent Mignon is also Chairman of Coface and Natixis Global Asset Management, a member of the Board of Sequana, a member of the Board and of the Audit Committee of Arkema and an independent Director of Lazard Ltd.

Laurent Mignon is a member of BPCE's general management committee since May 2009.

The other members of the management board remain unchanged:  Jean-Yves Forel, Daniel Karyotis and Anne Mercier-Gallay. Apart from the management board members, the group's general management committee includes Marguerite Bérard-Andrieu.

Laurent Mignon, 49 years old, is a graduate of HEC (Hautes Etudes Commerciales) and of the Stanford Executive Program.

About Groupe BPCE:
Groupe BPCE, the 2nd-largest banking group in France, includes two independent and complementary commercial banking networks: the network of 19 Banques Populaires banks and the network of 17 Caisses d'Epargne. It also works through Crédit Foncier in the area of real estate financing. It is a major player in corporate & investment banking, asset management and financial services with Natixis. Groupe BPCE serves more than 36 million customers and enjoys a strong presence in France with 8,000 branches, 117,000 employees and more than 8.6 million cooperative shareholders.




BPCE press contacts
Sabine Baudin: 33(0)1 58 40 47 62
Sonia Dilouya: 33(0) 1 58 40 58 57 -