Indosuez Names CEO For Monaco Wealth Arm

Tom Burroughes

4 December 2018

Mathieu Ferragut has been appointed chief executive of CFM Indosuez Wealth, a Monaco financial body which is a subsidiary of . 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.