François Codet appointed member of Natixis’ senior management committee in charge of insurance
François Codet, Chairman of the management board at Caisse d’Epargne Côte d’Azur, is appointed member of Natixis’ senior management committee in charge of insurance. François Codet will take up his role in February 2021 and will be in charge of all personal insurance and non-life insurance businesses at Natixis. He succeeds Jean-François Lequoy, who was appointed Deputy Chief Executive Officer of Groupe BPCE, in charge of Finance and Strategy in September 2020.
Nicolas Namias, CEO of Natixis, said: “I am absolutely delighted to welcome François Codet to the Natixis senior management committee. His extensive insight into the financial and commercial challenges facing Groupe BPCE’s business lines, as well as his discipline and vast experience in the group will be crucial advantages in rolling out the next stage in Natixis Assurances’ development along with all our teams and preparing for Natixis’ forthcoming strategic plan, all in the interests of Groupe BPCE’s retail network customers. I would like to wholeheartedly thank Jean-François Lequoy for his commitment and all his work, which supported the group’s development into a fully-fledged bancassurer.”
François Codet started his career in primarily commercial and financial roles at Banque Populaire du Sud-Ouest (BPSO) in 1991, and later became deputy CEO of Banque Populaire Aquitaine Centre Atlantique after the merger between Banque Populaire Sud-Ouest and Banque Populaire Centre Atlantique. He joined the management board at Caisse d'Epargne Nord France Europe (CENFE) in charge of finance in 2015, and remained in this role after CENFE merged with Caisse d'Epargne de Picardie to create Caisse d'Epargne Hauts de France. He has been Chairman of the management board at Caisse d'Epargne Côte d'Azur since April 2018.
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About Groupe BPCE
Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 35 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group's financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody's (A1, stable outlook), Standard & Poor's (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).
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