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The transition begins at the top of Crédit Mutuel Arkéa



This is what the employees of Crédit Mutuel Arkéa had been anticipating for three days. The mutualist group confirmed on Monday evening that its president Jean-Pierre Denis would indeed leave the group.

Jean-Pierre Denis announced his decision not to request, at the general meeting on May 11, the renewal of his mandate as director of Crédit Mutuel Arkéa, which he will therefore cease to chair from that date. », Specified the group at the end of three boards of directors meeting urgently this Monday for Arkéa and the two federations composing this group, the Crédit Mutuel de Bretagne, and du Sud-Ouest.

It is with great emotion that I am preparing, after several months of reflection, to hand over the baton. », Commented Jean-Pierre Denis. This last ” will nevertheless remain at the full disposal of Crédit Mutuel Arkéa “Beyond May 11 for” supporting his successor in particular during the transition period », Specifies the group.

Suffice to say that the former Deputy Secretary General at the Elysee (under the first term of Jacques Chirac) wants to keep control of his succession, about which the group does not say much. This successor ” will be elected in accordance with the group’s governance rules and calendar. He will continue, alongside Hélène Bernicot and Anne Le Goff, who are in charge of the executive management of Crédit Mutuel Arkéa. “, Points out the press release.

“Enter the costume”

Within the group, questions are already rife. Starting with knowing whether or not the successor of Jean-Pierre Denis will come from the house. ” Some administrators are worried about the arrival of a personality from outside Brittany, the banking and mutual world », Blows an internal source.

This would not be a first, however: Jean-Pierre Denis, himself, acceded to the seat of president barely six months after being appointed “executive vice-president” of Arkéa. This financial inspector previously headed Oséo, the precursor of bpifrance.

The political line will also be scrutinized: to what extent will this new presidency want to continue the fight for the independence of Jean-Pierre Denis or will it on the contrary be tempted to close ranks with the National Credit Confederation Mutuel (CNCM), the central body of the group?

The CNCM has support among the administrators of local Arkéa funds, but they have not all been revealed. In addition you must be able to enter the costume », Underlines a voice within Arkéa, which underlines that Jean-Pierre Denis does not lack supporters, the policies of recent years having been validated by his council.

The more conciliatory confederation

The position of the CNCM is not simple: to see a more conciliatory personality arrive would be a relief. But openly supporting a candidate would be dangerous, because it could be taken as a lack of respect for the autonomy of the regional bank.

Crédit Mutuel Arkéa and its funds, federations and subsidiaries can count on a partnership confederation, concerned with maintaining decision-making centers and employment in the regions and guaranteeing the unity and solidarity of all the entities of the Crédit Mutuel group., reacted Nicolas Théry, president of the CNCM. I would be happy to meet the person who will succeed Jean-Pierre Denis and, if she wishes, to meet the elected officials and managers of Crédit Mutuel Arkéa, at Relecq-Kerhuon “.

Whatever happens, the departure of Jean-Pierre Denis could cause the independence project promoted by Jean-Pierre Denis and Ronan Le Moal, the CEO of Arkéa, who himself left the group last year.

His departure will make it possible to depersonalize the independence file. “, Say relatives of Jean-Pierre Denis. The fact remains that this so-called “Freedom” project is still one of the group’s strategic priorities for 2024.

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