27th February 2015

New Chief Executive for Credit Agricole

Credit Agricole SA has appointed Philippe Brassac as Chief Executive Officer. He will take up his position following the general shareholders’ meeting on 20th May, 2015.

Mr Brassac is Chief Executive Officer of the Caisse Regionale Provence Cote d’Azur. Since January 2010, he has been General Secretary of Federation Nationale du Credit Agricole, Vice-Chairman of SAS Rue La Boetie and Vice-Chairman of Credit Agricole SA’s Board of Directors.

Mr Brassac joined Credit Agricole du Gard in 1982, where he was head of organisation and then head of finance, banking and marketing. In 1994, he was appointed Deputy Chief Executive Officer of Credit Agricole des Alpes Maritimes, and continued to hold this position at Credit Agricole Provence Cote d’Azur when it was formed from the merging of Caisse Regionale des Alpes Maritimes, Caisse Regionale des Alpes de Haute-Provence and Caisse Regionale du Var.

Aged 55, Mr Brassac is a graduate of the Ecole Nationale de la Statistique et de l’Administration Economique and holds an advanced diploma in mathematics.