Jean-François Balaÿ is appointed Chief Executive Officer of Crédit Agricole CIB, effective 6 May 2025

Olivier Bélorgey and Pierre Gay have been confirmed in their role of Deputy Chief Executive Officers and Executive directors, pursuant to the French Monetary and Financial Code.

The Board thanked Xavier Musca for his valuable contribution during his three years as Chief Executive Officer of Crédit Agricole CIB.

Biography:

Jean-François Balaÿ started his career in 1989 at Crédit Lyonnais in the Corporate Banking Markets and held several managerial positions in London, Paris and Asia. In 2001, he joined Crédit Lyonnais in the Loan Syndication business line, first as Head of Origination for Europe, then for Western Europe within Calyon from 2004. In 2006, he was appointed Deputy Head of Syndication for the EMEA region. In 2009, he became Global Head of Loan Syndication at Crédit Agricole CIB. In 2012, he was appointed Head of Debt Optimisation and Distribution. In 2016, he became Head of Risk and Permanent Control. He was appointed Deputy General Manager of Crédit Agricole CIB in 2018 and Deputy CEO of Crédit Agricole CIB in 2021.

Aged 59, Jean-François Balaÿ holds a Master’s degree in Economics and Management and a Master’s degree in Banking and Finance from Lyon II Lumière University.