Laurent Mignon succeeds François Pérol as Chairman of Groupe BPCE’s Management Board
Groupe BPCE’s Supervisory Board gathered on April 26, 2018 and took note of François Pérol’s decision to resign as Chairman of the Management Board, appointing Laurent Mignon, CEO of Natixis, to succeed him.
Laurent Mignon’s new role will become effective as of June 1st, 2018 when he steps down as CEO of Natixis.
In a sense of continuity, this hand-over will strenghten existing close ties between BPCE and Natixis whose clear and shared strategic vision underlies the « New Dimension » plan unveiled on November 20, 2017.
Natixis has already engaged in Laurent Mignon’s succession plan which should succeed in the coming days, asserting Natixis’ strategic and financial ambitions in both the short and the medium term.
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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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