They will indeed be 10 members 5 on each side

Philippe Dupont will well be the first non-Executive Chairman of the new package Fund of savings-bank popular (CEBP). At the end of a day rich in twists and turns, the President of the Banques Populaires indeed received the remains of its regional leaders to run for the position. He was nominated at the same time as 6 other "blue" to serve on the Supervisory Board of the future group CEBP. And once the Board is full, its members should wear their head under the agreements signed between the Caisses d'Epargne, Banques Populaires and the State in March.

According to several sources, it is in is however take little for these agreements to be questioned. "Philippe Dupont had lost the support of the majority of the barons of the Banques Populaires, that confirmed an organized informal vote Wednesday morning, but he finally was nominated for do not call into question the entire process of the merger," explained yesterday one of his opponents. The challenge was mounted last week, the regional leaders of the two banks do not forgiving him taunts of Natixis, il a insured the chairmanship of the Executive Board last March ("Les Echos" from May 29). "It is simply not acceptable that a man at the head of a bank who made such losses take no responsibilities.". "This case will leave traces," continued the same source.

Elections organised in parallel

The colleges of Presidents and the Director General of the Banques Populaires appointed 6 other members alongside Philippe Dupont. This is Gérard Bellemon, President of the Bank Populaire Val-de-France, by Thierry Cahn, President of the people's Bank of Alsace, of Pierre Desvergnes, the President of the Casden Banque Populaire, of Stève Gentili, the President of the BRED Banque Populaire, of Jean Criton, the Director-General of the Bank Populaire Rives de Paris, and Bernard Jeannin, the Director-General of the Bank people's Burgundy-Franche-County. Stève Gentili, seen in recent weeks as one of the main opponents of Philippe Dupont, will therefore sit at his side in the Council.

The same elections were organized in parallel to Caisses d'Epargne, but with a little less suspense. The "Reds" had indeed prepared the ground by appointing Yves Toublanc fifteen days ago at the head of the National Fund for Caisses d'Epargne, which had then been deeply renewed. At the time, it is no surprise that the squirrel announced last night that the Vice-Chairman of the Supervisory Board of CEBP would be tantamount to Yves Toublanc, the Chairman of the Board of orientation and monitoring (COS) of the Fund of d'Epargne Rhône-Alpes. It is designed to take Philippe Dupont suite in two years.

Central body

Catherine Amin-guard, President of the Caisse d'Epargne Loire Drôme Ardèche SOC, Francis Henry, President of the Caisse d'Epargne Lorraine Champagne Ardenne SOC, Pierre Mackiewicz, President of the COS of the Fund of d'Epargne Riviera, Pierre Valentin, President of the COS of the Fund of savings Languedoc, Bernard Comolet, President of the Executive Board of the Fund of savings Ile-de-France, and Didier Patault, President of the Executive Board of the Fund of savings Bretagne-Pays de Loire will be served also on the Board.

These designations were held a few days after the vote by the Parliament of the Act to the constitution of the new central body, which provides that the non-executive Presidents, representatives of the members, are majority in the Supervisory Board. They will indeed be 10 members (5 on each side). They will be sitting alongside the 4 operational Directors (2 on each side) and 4 members appointed by the State, for a total of 18 members. Two representatives of the employees will be able to participate in the Council without voting. In the entourage of François Pérol, President of the Executive Board of the new set, ensured yesterday that it "have mixed not" of the elections, is relying on the choice of Banque Populaire and Caisse d'Epargne regional leaders.