Press Room

François Codet appointed member of Natixis’ senior management committee in charge of insurance

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Appointment
Insurance
Paris, France, January 4, 2021

François Codet, Chairman of the management board at Caisse d’Epargne Côte d’Azur, is appointed member of Natixis’ senior management committee in charge of insurance. François Codet will take up his role in February 2021 and will be in charge of all personal insurance and non-life insurance businesses at Natixis. He succeeds Jean-François Lequoy, who was appointed Deputy Chief Executive Officer of Groupe BPCE, in charge of Finance and Strategy in September 2020.

Nicolas Namias, CEO of Natixis, said: “I am absolutely delighted to welcome François Codet to the Natixis senior management committee. His extensive insight into the financial and commercial challenges facing Groupe BPCE’s business lines, as well as his discipline and vast experience in the group will be crucial advantages in rolling out the next stage in Natixis Assurances’ development along with all our teams and preparing for Natixis’ forthcoming strategic plan, all in the interests of Groupe BPCE’s retail network customers. I would like to wholeheartedly thank Jean-François Lequoy for his commitment and all his work, which supported the group’s development into a fully-fledged bancassurer.”

Biography

François Codet started his career in primarily commercial and financial roles at Banque Populaire du Sud-Ouest (BPSO) in 1991, and later became deputy CEO of Banque Populaire Aquitaine Centre Atlantique after the merger between Banque Populaire Sud-Ouest and Banque Populaire Centre Atlantique. He joined the management board at Caisse d'Epargne Nord France Europe (CENFE) in charge of finance in 2015, and remained in this role after CENFE merged with Caisse d'Epargne de Picardie to create Caisse d'Epargne Hauts de France. He has been Chairman of the management board at Caisse d'Epargne Côte d'Azur since April 2018.

Attachments

210104_Appointment François Codet_Natixis PR.pdf

January 4, 2021

210104_Appointment François Codet_Natixis PR.pdf

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François CODET

January 4, 2021

François CODET

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Press contact

Sonia Dilouya

Sonia Dilouya

Press Relations, Natixis

+33 1 58 32 01 03

Linked spokespeople

Nicolas Namias

Nicolas Namias

Natixis Strategy

Chief Executive Officer, Natixis

François Codet

François Codet

Insurance

Chief Executive Officer, Natixis Assurances

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About Natixis

About Natixis

Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts over 16,000 employees across 36 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €12.3 billion, a Basel 3 CET1 Ratio(1) of 11.6% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+).

(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in.

Figures as at 31 March 2021

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