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Indosuez Names CEO For Monaco Wealth Arm

Tom Burroughes Group Editor London 4 December 2018

Indosuez Names CEO For Monaco Wealth Arm

The senior figure has been working in the banking sector since 1996, working in the Americas and Asia.

Mathieu Ferragut has been appointed chief executive of CFM Indosuez Wealth, a Monaco financial body which is a subsidiary of Indosuez Wealth Management. He replaces Gilles Martinengo, who has retired.

The firm said that Ferragut joined Crédit Lyonnais in Singapore in 1996 as project manager, then became chief operating officer for Asia. In 2000, he joined Crédit Lyonnais' Miami subsidiary as compliance officer and COO. In 2007, he was appointed deputy CEO of CA Indosuez Wealth (Miami), and, in 2008, its CEO. In his capacity as CEO, he has managed the Indosuez Wealth Group's activities in the Americas since 2013.

Indosuez Wealth Management is the global wealth management brand of Crédit Agricole group. At the end of last year, the wealth manager oversaw €118 billion in assets under management.

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