Management changes at Groupama

2 September 2009

Changes in the Executive Management of Groupama

Jean François Lemoux, Managing Director for the International Branch at Groupama has decided to retire in September 2011. As a result the Groupama Management has decided to prepare for the succession in order to continue the dynamic international growth initiated.

 

  • Pierre Lefèvre, 53, Managing Director of the Italian subsidiary Groupama Assicurazioni since 2007, will join the International Branch with Jean-François Lemoux in September 2010 and will replace Mr. Lemoux on 1 January 2011.
  • Christophe Buso, 48, Managing Director of Groupama Centre-Atlantique for 6 years, will join Groupama’s Italian subsidiary in January 2010 as Deputy Managing Director. He will assume the position of Managing Director of Groupama Assicurazioni in September 2010.
    Italy today represents the leading foreign market for Groupama in terms of business, with revenues of €1.4 billion in 2008, and has approximately 1000 employees and 1000 general agents.
  • Helman le Pas de Sécheval, 43, Groupama Chief Financial Officer for 8 years, has been appointed by the Board of Directors of Groupama Centre-Atlantique as Managing Director of the Regional Mutual as of 1 January 2010.
    Groupama Centre-Atlantique covers 11 French departments, with over 1,600 employees and 380,000 clients, and generated €673 million in revenues in 2008.
  • Christian Collin, 55, Corporate Secretary and Director of Strategy and Human Resources for the Group since 2002, has been appointed Chief Financial Officer for Groupama as of 1 January 2010. His successor will be named in the coming weeks.
In addition, Jean-François Lemoux will become an Advisor to the Chief Executive Officer of Groupama SA on 1 January 2011.
These appointments illustrate Groupama’s desire to promote executive mobility and develop bridges among the various entities of the Group: the Regional Mutuals, Groupama SA, and the International subsidiaries.
As a mutual and decentralised group, Groupama offers its managers the opportunity to diversify their skills and acquire both administrative and operational experience. This management policy is one of the key assets of Groupama.