France's Crédit Agricole Private Banking has named Olivier Livenais as chief executive in Miami, Florida, succeeding Mathieu Ferragut, who has been appointed as head of the Americas region, based in Miami.

France's Crédit Agricole Private Banking has named Olivier Livenais as chief executive in Miami, Florida, succeeding Mathieu Ferragut, who has been appointed as head of the Americas region, based in Miami.

Livenais joined Société Générale in 1998 as organisational project manager before moving to the Crédit Agricole Group in 2000 within the firm's General Inspectorate unit. 

In 2007, he moved to Crédit Agricole Private Banking as a finance, risk and strategy manager. Since the holding company was set up in November 2011, he has served as the finance and supervision director.

Meanwhile, in his new role, Ferragut will manage and coordinate Crédit Agricole's private banking business in South America. He began his career with Crédit Lyonnais Singapore in 1996 as information systems project leader and two years later was appointed as chief operating officer of Crédit Lyonnais Private Banking Asia.

In 2000, he joined the Miami branch of Crédit Lyonnais, spending seven years there as COO and chief compliance officer. He was appointed deputy CEO of Crédit Agricole Miami Private Banking in 2007, and then CEO in 2008.

Crédit Agricole Private Banking has been operating in Miami since around 1980 and also has a long-standing presence in Latin America. The firm has offices in Brazil (Sao Paulo, Rio de Janeiro and Belo Horizonte) and Uruguay, in addition to Miami.