departure of the director of commercial banking in France

The banking group BNP Paribas announced on Friday the departure of Marguerite Bérard, who had been head of retail activities in France since 2019, and member of the executive committee.

After five years as head of commercial banking in France, Marguerite Brard is leaving her position within the group to devote herself to new professional projects, indicates BNP Paribas in a press release, without specifying who will replace Ms. Brard.

Commercial banking in France (BCEF) brings together the corporate banking, private banking and retail banking activities of BNP Paribas. In 2023, BCEF made a profit of 1.19 billion euros (excluding insurance) out of the 11 billion profit posted in total by the group.

A graduate of the Paris Institute of Political Studies and a former student of the ENA within the Lopold Sdar Senghor promotion, like the President of the Republic Emmanuel Macron, Marguerite Brard began her career in 2004 at the General Inspectorate of Finance , before becoming an advisor to the presidency of Nicolas Sarkozy in 2007, responsible for employment and social protection issues.

From November 2010, she then headed the cabinet of Xavier Bertrand, then Minister of Labor, Employment and Health.

In 2012, she joined the BPCE mutual banking group, where from 2016 she held the position of general director in charge of finance, strategy and legal affairs.

source site-96