Bpce

Eric Fougère voted Chairman of the Groupe BPCE Supervisory Board

Eric Fougère voted Chairman of the Groupe BPCE Supervisory Board

Paris, May 23, 2024

The Supervisory Board, convening today after the Groupe BPCE General Meeting, voted to appoint Eric Fougère – Chairman of the Steering & Supervisory Board of Caisse d'Epargne Bourgogne Franche-Comté - as Chairman of the Groupe BPCE Supervisory Board as a replacement for Thierry Cahn. Marie Pic-Pâris Allavena – Chairwoman of the Board of Directors of Banque Populaire Rives de Paris – was elected Vice-Chairwoman of the Groupe BPCE Supervisory Board.

The Supervisory Board thanked Thierry Cahn warmly for his commitment and hailed his contribution to the Group and all its companies during his term of office as Chair of the Supervisory Board and notably for the appointment of a new Management Board led by Nicolas Namias.

For Thierry Cahn, former Chairman of the Groupe BPCE Supervisory Board: “I end my term of office as Chairman of the Supervisory Board today with a feeling of satisfaction for the work accomplished and for having taken part in some important moments in our Group’s history characterized by transformation, development and a seamless evolution of our governance. I would like to thank all of the Board for the quality of our relations as well as Groupe BPCE’s people for their professionalism, and I wish my successor on the Board, Eric Fougère, every success in the future”.

For Eric Fougère, Chairman of the Groupe BPCE Supervisory Board: “First of all, I would like to pay homage to Thierry Cahn for chairing the BPCE Supervisory Board with panache for the last three years. Working as Vice-Chairman alongside him, I learned a lot from his strategic vision and his continuous attention to ensuring the smooth-running of the Board. I thank him sincerely for his support and goodwill. My appointment occurs at a time when Groupe BPCE is gearing up to unveil its new strategic plan under the stewardship of Nicolas Namias, Chair of the Management Board. Along with all Supervisory Board members, I will be striving to ensure the Group achieves its new ambitions in a manner that respects the roles of all. Our cooperative model, embodied by the Banques Populaires and the Caisses d’Épargne, is a source of solidity for Groupe BPCE and underpins our trajectory of lasting growth. Firmly rooted in our regions, but also facing out to Europe and the world, this model guarantees our continuing commitment to serving our customers and cooperative shareholders”.