Crédit Agricole appointed Jacques Ripoll CEO of Crédit Agricole CIB and deputy managing director of Crédit Agricole in charge of the Large Clients division. He will succeed Jean-Yves Hocher, who is retiring at the end of the year.
The bank’s board also approved the appointment of two deputy managing directors: Jean-François Balaÿ, currently head of Risks and Permanent Control and Isabelle Girolami, currently head of Fixed Income. Balaÿ will supervise Structured Finance, Debt Optimisation and Distribution, Distressed Assets and International Trade & Transaction Banking, while Girolami will oversee Fixed Income and Equity Derivatives and the coverage of Financial Institutions.
Ripoll started his career in 1991 at Société Générale, where he eventually became head of Group Strategy and a member of the executive committee. In 2013, he joined Santander as head of Global Corporate Banking in the UK before becoming senior executive vice president of the worldwide Global Corporate Banking group.
Balaÿ started his career at Credit Lyonnais (now LCL) in 1989 where he occupied several managerial positions in the corporate banking markets in London, Paris and Asia. From 2001 to 2006 he was head of Origination and Structuring for Europe, before joining Crédit Agricole as deputy head of the EMEA team. In 2016, he was appointed head of Risks and Permanent Control.
Girolami has an extensive experience in Europe and Asia. She joined BNP Paribas in 1995 where she became chief operating officer for Global Fixed Income. She then moved to Bear Stearns in 2000 as chief of staff for Europe and COO for Fixed Income Europe and Asia. She became head of Global Markets Europe at Standard Chartered in 2008 before joining Crédit Agricole in 2015.
