By Andrei Skvarsky.
Natixis, a French corporate and investment bank, has replaced two of its directors, both new appointees being CEOs of regional divisions of Caisse d’Epargne, a bank holding a large stake in Natixis.
One of the new directors is Nicole Etchegoïnberry, CEO of Caisse d’Epargne Loire-Centre, Natixis said in a statement.
On the board of directors she replaces Stéphanie Paix, deputy CEO of the general inspection service at Groupe BPCE, France’s second-largest banking group, which brings together Caisse d’Epargne and Banque Populaire.
Etchegoïnberry joined Caisse d’Epargne in 2001. She had held various senior roles at the bank before being promoted to CEO of its Loire-Centre unit. Previously she had worked at various lenders, including Credit Agricole, Crédit Mutuel and Banque Courtois, the oldest French bank.
The other newcomer is Christophe Pinault, CEO of Caisse d’Epargne Bretagne Pays de Loire. On the board he succeeds Alain Denizot, CEO of Caisse d’Epargne Rhône Alpes.
Pinault started his banking career by joining Banque Populaire in 1984. Then he went over to Crédit Agricole, and then on to Crédit Mutuel. He joined Caisse d’Epargne in 2002.
In 2007, he became deputy CEO for development of Credit Foncier, a mortgage bank and BPCE subsidiary.
Pinault was appointed CEO of the bank’s Côte d’Azur division in 2013, and in 2018 became CEO of its unit for Bretagne and Pays de Loire while remaining head of the Côte d’Azur division.
Natixis, which has more than 21,000 employees, is BPCE’s international corporate and investment banking, asset management, insurance and specialised financial services arm.
BPCE has 31 million retail clients divided between Banque Populaire and Caisse d’Epargne.
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