People Moves

Top Management Changes At Crédit Agricole Affiliate

Max Skjönsberg London 13 October 2011

Top Management Changes At Crédit Agricole Affiliate

France-based LCL, a Crédit Agricole brand, has enlarged its executive committee with seven new members in a bid to shorten the decision-making process at the bank.

The change means that Michel Morel, in charge of individual clients, will extend his scope to include private banking small business clients as head of retail markets, and that Olivier Constantin, formerly in charge of the Mediterranean network, becomes head of wealth management and business banking.

They will be joined on the committee by Jean-Marcel Goguelat, in charge of the Ile de France Ouest network and new head of retail networks; Olivier Nicolas, previously head of financial operations at Crédit Agricole, who has been appointed head of finance and institutional clients; Stéphane Priami, head of technology and property, whose new responsibilities include procurement and payments; Christian Jacques, formerly head of development of international retail banking at Crédit Agricole and new head of payment flows at LCL; and finally Isabelle Simelière, deputy chief executive officer of the Crédit Agricole d’Ille et Vilaine Regional Bank, who has been named head of the new strategy and transformation department.

Anne Broches, in charge of human resources and services, and Agnès de Clermont-Tonnerre, responsible for general affairs, already sit on the committee.

LCL’s private banking operation, LCL Banque Privée, has 67 dedicated branches in France.

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