Cr?dit Agricole Georges Pauget will cede his place to John Paul Chifflet
As Le Figaro suggested in the October debates are open around the succession patterns within the Cr?dit Agricole. Early in 2010, Georges Pauget, the current director general, should give way to Jean-Paul Chifflet, Secretary General of the National Federation of Credit Agricole, and CEO of Regional Bank Central East. Cr?dit Agricole would "not comment" information, but the case was already settled backstage.
The handover between the two leaders would be formalized on November 10, during validation of quarterly results. Pauget should then remain at the head of the bank until late February.
Interviewed this morning on France Inter, Geaorge Pauget had neither denied nor confirmed."I am dependent on the board and I did not formulate an opinion on the subject," he declared.
The regional fund would not forgive Geaorge Pauget an international development and growth of bank financing and investment have resulted in heavy losses.
Aged 60, John Paul has held since 2000 Chifflet Branch Credit Agricole Center East in Lyon, and is also vice-president of SAS La Boetie.
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