Nicolas Thry returns to the helm of Crdit Mutuel Alliance Fdrale

Nicolas Thry, chairman of Crdit Mutuel Alliance Fdrale since 2014, saw his mandate renewed for three years on Tuesday, the bank said.

Crdit Mutuel Alliance Fdrale brings together 14 of the 18 federations of the confederation, and they all voted for the renewal of Nicolas Thry, who will therefore also retain the presidency of the confederation until 2024, the expiry date of this mandate. Asked by AFP, Nicolas Thry said he was very happy to have had the full support of the members, and that it is never trivial.

Believing that the renewal of his term of office comes in a context of geostrategic, economic, climatic and technological changeover, he underlined that the challenge for the bank is operational efficiency which must be further strengthened, while being very effective on the social, ecological and solidarity level. As a mutual establishment, Crdit Mutuel can have long investment horizons, he pointed out.

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The battle with Arka

Regarding the sometimes thorny relationship with Crdit Mutuel Arka, which brings together the Brittany and South-West federations and seeks to free itself from the supervision of the banking group, he considered that the debate is closed.

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For me, what matters is that the principles of unity of the Crdit Mutuel group, of solidarity and decentralization are well respected everywhere, and I think that we can be united in diversity, he said. valorize.

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